Montenegro Balance of Trade - Forecast

Balance of Trade in Montenegro is expected to be -188400.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Montenegro to stand at -169000.00 in 12 months time. In the long-term, the Montenegro Balance of Trade is projected to trend around -193700.00 EUR Thousand in 2020, according to our econometric models.


Forecast Data Chart
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Montenegro Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -201592 -163500 -194400 -169000 -187700 -193700
Exports 39216 32200 37800 34700 30200 42500
Imports 240808 195700 232200 203700 217900 236200
Current Account -304468 -305282 -567140 -306092 -566333 -562372
Current Account to GDP -19.1 -9.8 -9.8 -8.7 -8.7 -7.5
Capital Flows -182314 -257861 -380546 -275577 -256308 -315776
Tourist Arrivals 144034 136200 34600 34800 71400 44500
Terrorism Index 0.08 0.19 0.17 0.33 0.5 0.19
Foreign Direct Investment 659233 856810 882808 859076 835344 909901