Exports in Montenegro decreased to 18792 EUR Thousand in May from 25729 EUR Thousand in April of 2020.

Exports in Montenegro averaged 33680.98 EUR Thousand from 2007 until 2020, reaching an all time high of 420020 EUR Thousand in December of 2019 and a record low of 11428 EUR Thousand in May of 2009. This page provides the latest reported value for - Montenegro Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Montenegro Exports - values, historical data and charts - was last updated on July of 2020.

Exports in Montenegro is expected to be 40100.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Montenegro to stand at 42500.00 in 12 months time. In the long-term, the Montenegro Exports is projected to trend around 42500.00 EUR Thousand in 2021, according to our econometric models.

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Montenegro Exports

Actual Previous Highest Lowest Dates Unit Frequency
18792.00 25729.00 420020.00 11428.00 2007 - 2020 EUR Thousand Monthly

Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -141542.75 -125625.49 -26293.00 -223260.90 EUR Thousand [+]
Current Account -322025.00 -339467.00 292018.31 -493338.85 EUR Thousand [+]
Current Account to GDP -18.50 -18.90 -7.40 -44.23 percent [+]
Imports 160335.00 151354.00 264187.00 65304.00 EUR Thousand [+]
Exports 18792.00 25729.00 420020.00 11428.00 EUR Thousand [+]
Capital Flows -312620.85 385440.00 542738.38 -312620.85 EUR Thousand [+]
Tourist Arrivals 1658.00 0.00 220915.00 0.00 [+]
Remittances 54001.44 64488.35 64488.35 35725.82 EUR Thousand [+]
Foreign Direct Investment 769972.85 858113.20 1223999.76 479191.48 EUR Thousand [+]
Terrorism Index 1.00 0.04 1.45 0.00 [+]


Montenegro Exports
Montenegro’s export sector is driven by its manufacturing base. Montenegro’s main exports are non-ferrous metals, electricity, metalliferous ores and metal scrap, iron and steel, beverages, cork and wood and energy and petroleum products. Montenegro’s main export partners are Serbia, Hungary, Croatia, Greece, Germany, Italy, Bosnia and Herzegovina, Albania and Turkey.

United Nations Comtrade Database
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