Romanian stock indices close mixed in higher turnover
Bulgarian stock indices retreat amid higher turnover
Bulgaria to collect 2.1 bln euro for energy security fund in 2023
OECD downgrades Slovenia's 2023 GDP growth f'cast to 1.4%
Rompetrol Rafinare invests $6.5 mln in storage tanks overhaul
Nov 27, 2017 13:07 EEST
PODGORICA (Montenegro), November 27 (SeeNews) – Montenegro’s trade deficit expanded by 7.9% on the year to 1.578 billion euro ($1.883 billion) in the first ten months of 2017, the country's statistical office said on Monday.
Exports grew by an annual 17% to 305.7 million euro in January-October, while imports rose 9.3% to 1.883 billion euro, the statistical office said in a statement.
In October alone, Montenegro's trade gap widened to 170.4 million euro from 139.4 million euro in the prior-year month. On a monthly comparison basis, the deficit expanded by 24.2%.
October exports rose to 32.1 million euro from 29.8 million euro last year, and from 30.6 million euro a month earlier. Imports totalled 202.6 million euro, up 4.6% year-on-year and 19.7% month-on-month.
Montenegro's key export destinations in the first ten months of the year were Serbia (50.8 million euro), Bosnia and Herzegovina (38 million euro) and Hong Kong (26.8 million euro). Imports into the country came mainly from Serbia (417.7 million euro), China (171.9 million euro) and Germany (157.6 million euro).
In 2016, Montenegro's trade gap widened by 13.7% to 1.733 billion euro.
($ = 0.837869 euro)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options