Montenegro Trade Gap Widens in May

2026-06-29 09:22 By Mariene Camarillo 1 min. read

Montenegro’s trade deficit widened to €348.7 million in May 2026 from €338.2 million in the same month last year.

Exports rose 7.5% year-on-year to €39.1 million, while imports grew 3.5% to €387.7 million.

On a cumulative basis, the trade deficit expanded to €1,512.8 million from €1,458.4 million a year earlier.

Exports fell 9.4% to €214.8 million, weighed down by lower sales of crude materials (-19.8%), chemicals (-35.4%), machinery and transport equipment (-39.3%), and miscellaneous manufactured articles (-9.2%).

Meanwhile, imports increased 1.9% to €1,727.6 million, driven largely by stronger purchases of beverages and tobacco (+6.6%), animal oils and fats (+26.9%), minerals, fuels, and related materials (+7.5%), and chemicals (+5.5%).

Among trading partners, Europe accounted for the largest share of both exports and imports, representing 94.5% and 78.7%, respectively.



News Stream
Montenegro Trade Gap Widens in May
Montenegro’s trade deficit widened to €348.7 million in May 2026 from €338.2 million in the same month last year. Exports rose 7.5% year-on-year to €39.1 million, while imports grew 3.5% to €387.7 million. On a cumulative basis, the trade deficit expanded to €1,512.8 million from €1,458.4 million a year earlier. Exports fell 9.4% to €214.8 million, weighed down by lower sales of crude materials (-19.8%), chemicals (-35.4%), machinery and transport equipment (-39.3%), and miscellaneous manufactured articles (-9.2%). Meanwhile, imports increased 1.9% to €1,727.6 million, driven largely by stronger purchases of beverages and tobacco (+6.6%), animal oils and fats (+26.9%), minerals, fuels, and related materials (+7.5%), and chemicals (+5.5%). Among trading partners, Europe accounted for the largest share of both exports and imports, representing 94.5% and 78.7%, respectively.
2026-06-29
Montenegro Trade Gap Widens in February
Montenegro’s trade deficit widened to €289.1 million in February 2026 from €274.3 million in the same month last year. Exports fell 11.4% year-on-year to €47.5 million, while imports rose 2.6% to €336.5 million. On a cumulative basis, the trade deficit narrowed to €465.3 million from €475.1 million a year earlier. Exports dropped 20.9% to €76.6 million, weighed down by lower sales of crude materials (-29.7%), mineral fuels (-4.4%), chemicals (-21.5%), and machinery and transport equipment (-61.1%). Meanwhile, imports declined 5.2% to €542.0 million, with weaker purchases of crude materials (-6.5%), mineral fuels (-18.3%), animal oils and fats (-2.9%), chemicals (-5.2%), and food and live animals (-0.6%). Among trading partners, Europe accounted for the largest share of both exports and imports, representing 95.2% and 76.9%, respectively.
2026-03-30
Montenegro’s Trade Deficit Narrows in January
Montenegro’s trade deficit shrank to €175.1 million in January 2026, down from €200.8 million a year earlier. The narrowing was driven by a 16.3% drop in imports to €204.3 million, led by lower purchases of machinery and transport equipment (-20.4%), manufactured goods (-25%), chemicals (-17.4%), and food and live animals (-8.7%). Exports, however, fell 32.7% to €29.2 million, weighed down by steep declines in mineral fuels, lubricants, and related materials (-44.2%), crude materials (-42.8%), machinery and transport equipment (-47.3%), and food and live animals (-11.0%).
2026-02-27