Montenegro recorded a trade deficit of 133338 EUR Thousand in August of 2020.
Balance of Trade in Montenegro averaged -136110.32 EUR Thousand from 2007 until 2020, reaching an all time high of -26293 EUR Thousand in January of 2007 and a record low of -223260.90 EUR Thousand in July of 2019. This page provides the latest reported value for - Montenegro Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Montenegro Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Balance of Trade in Montenegro is expected to be -194000.00 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 -193700.00 in 12 months time. In the long-term, the Montenegro Balance of Trade is projected to trend around -193700.00 EUR Thousand in 2021, according to our econometric models.