Monaco recorded a trade deficit of 353 EUR Million in the third quarter of 2019.
Balance of Trade in Monaco averaged -87.30 EUR Million from 2008 until 2019, reaching an all time high of 131.74 EUR Million in the fourth quarter of 2011 and a record low of -462.40 EUR Million in the second quarter of 2017. This page provides the latest reported value for - Monaco Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Monaco Balance of Trade - values, historical data and charts - was last updated on October of 2020.
Balance of Trade in Monaco is expected to be -670.32 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Monaco to stand at -593.46 in 12 months time. In the long-term, the Monaco Balance of Trade is projected to trend around -680.18 EUR Million in 2021 and -725.01 EUR Million in 2022, according to our econometric models.