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.


Montenegro Balance of Trade
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Montenegro Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -209891 -188400 -163500 -194400 -169000 -193700
Exports 30295 28100 32200 37800 34700 42500
Imports 240186 216500 195700 232200 203700 236200
Current Account -304468 -330000 -305282 -567140 -306092 -562372
Current Account to GDP -19.1 -9.8 -9.8 -9.8 -8.7 -7.5
Capital Flows -182314 -157107 -257861 -380546 -275577 -315776
Tourist Arrivals 34531 132600 136200 34600 34800 44500
Terrorism Index 0.08 0.19 0.16 0.14 0.31 0.18
Foreign Direct Investment 659233 830811 856810 882808 859076 909901