Montenegro Exports  2007-2017 | Data | Chart | Calendar | Forecast | News

Exports from Montenegro declined 24.4 percent year-on-year to €32 million in December of 2016. Considering full 2016 year, sales increased 2.7 percent, mainly driven by chemicals (+36.5 percent); mineral fuels, lubricants and raw materials (+9.9 percent); machinery and transport equipment (+5.1 percent) and food (+3.6 percent). Main export partners were: Serbia (25.2 percent of total exports); Hungary (10.7 percent) and Bosnia and Herzegovina (8.2 percent). Exports in Montenegro averaged 31068.64 EUR Thousand from 2007 until 2016, reaching an all time high of 52965 EUR Thousand in March of 2007 and a record low of 11428 EUR Thousand in May of 2009.

Montenegro Exports
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Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -140962.00 -132766.00 -26293.00 -222421.00 EUR Thousand [+]
Exports 32063.07 32404.43 52965.00 11428.00 EUR Thousand [+]
Imports 173025.00 165171.00 264187.00 65304.00 EUR Thousand [+]
Current Account 244057.90 -375331.19 284182.55 -493338.85 EUR Thousand [+]
Current Account to GDP -12.90 -17.65 -7.40 -44.23 percent [+]
Capital Flows -196732.75 117353.84 542738.38 -210291.59 EUR Thousand [+]
Tourist Arrivals 263.00 267.00 5833.00 64.00 Hundreds [+]
Terrorism Index 0.15 0.66 1.45 0.00 [+]
Foreign Direct Investment 757435.19 498084.31 1223999.76 479191.48 EUR Thousand [+]



Montenegro Exports Notes

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. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
32063.07 32404.43 52965.00 11428.00 2007 - 2016 EUR Thousand Monthly