Montenegro Balance of Trade  2007-2018 | Data | Chart | Calendar

The trade deficit in Montenegro increased to EUR 158.9 million in November 2017 from EUR 132.9 million in the same month a year ago. Imports jumped 13.6 percent to EUR 187.8 million while exports declined 10.6 percent to EUR 29.0 million. In January to November, the trade deficit widened sharply to EUR 1.74 billion from 1.59 billion in the same period of 2016, as imports went up 9.7 percent to EUR 2.07 billion and exports rose 14 percent to EUR 0.33 billion. Balance of Trade in Montenegro averaged -126989.04 EUR Thousand from 2007 until 2017, reaching an all time high of -26293 EUR Thousand in January of 2007 and a record low of -222421 EUR Thousand in July of 2008.

Montenegro Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-25 09:00 AM Balance of Trade €-163.0M €-159.3M €-148M
2017-11-27 10:00 AM Balance of Trade €-170.4M €-163.1M €-142M
2017-12-26 10:00 AM Balance of Trade €-158.9M €-171.2M €-144M
2018-01-25 10:10 AM Balance of Trade €-158.9M € -126.7M
2018-02-27 10:15 AM Balance of Trade € -144M
2018-03-27 09:45 AM Balance of Trade € -134.8M


Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -158868.00 -171165.00 -26293.00 -222421.00 EUR Thousand [+]
Exports 28958.30 32146.70 52965.30 11428.00 EUR Thousand [+]
Imports 187826.00 203311.40 264187.00 65304.00 EUR Thousand [+]
Current Account 250444.66 -313546.48 284182.55 -493338.85 EUR Thousand [+]
Current Account to GDP -19.10 -13.30 -7.40 -44.23 percent [+]
Capital Flows -129775.68 201237.92 542738.38 -267376.90 EUR Thousand [+]
Tourist Arrivals 32284.00 68135.00 178788.00 10322.00 [+]
Terrorism Index 0.08 0.15 1.45 0.00 [+]
Foreign Direct Investment 757435.19 498084.31 1223999.76 479191.48 EUR Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Montenegro Balance of Trade

Montenegro exports mainly manufactured goods, mineral fuels, lubricants, raw materials and food and beverages. Due to historical reasons, Montenegro has strong trade ties with its neighbours. Tourism, which represents 46 percent of Montenegrin exports, is already a crucial part of Montenegro’s trade flows and is expected to keep growing in the future. Montenegro’s ore deposits also play an important role in the country’s exports, aided by a complementary manufacturing sector. Montenegro imports manufactured goods, food, beverages and tobacco, mineral fuels, lubricants and machinery and transport equipment. Montenegro’s main trading partners are Serbia, Greece, Bosnia and Herzegovina, Germany, Italy and Croatia. . This page provides the latest reported value for - Montenegro Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Montenegro Balance of Trade - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-158868.00 -171165.00 -26293.00 -222421.00 2007 - 2017 EUR Thousand Monthly




balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4829.68 Nov/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 5157.00 Oct/17
Russia 9832.00 Oct/17
South Korea 5783.00 Dec/17
Spain -2511365.00 Oct/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17


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