Exports in Montenegro decreased to 33431 EUR Thousand in November from 39501 EUR Thousand in October of 2019. Exports in Montenegro averaged 31440.48 EUR Thousand from 2007 until 2019, reaching an all time high of 52965.30 EUR Thousand in March of 2007 and a record low of 11428 EUR Thousand in May of 2009.

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 40100.00 in 12 months time. In the long-term, the Montenegro Exports is projected to trend around 42500.00 EUR Thousand in 2020, according to our econometric models.

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Montenegro Exports

Actual Previous Highest Lowest Dates Unit Frequency
33431.00 39501.00 52965.30 11428.00 2007 - 2019 EUR Thousand Monthly

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.

Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -171810.95 -189689.46 -26293.00 -223260.90 EUR Thousand [+]
Current Account 239522.00 -328473.00 292018.00 -493338.85 EUR Thousand [+]
Current Account to GDP -18.50 -18.90 -7.40 -44.23 percent [+]
Imports 205241.00 229190.00 264187.00 65304.00 EUR Thousand [+]
Exports 33431.00 39501.00 52965.30 11428.00 EUR Thousand [+]
Capital Flows -185734.89 318586.89 542738.38 -185734.89 EUR Thousand [+]
Tourist Arrivals 55654.00 116962.00 220915.00 10322.00 [+]
Terrorism Index 1.00 0.04 1.45 0.00 [+]
Remittances 64302.72 60198.25 64302.72 35725.82 EUR Thousand [+]
Foreign Direct Investment 858113.20 659232.90 1223999.76 479191.48 EUR Thousand [+]


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category