Montenegro Balança Comercial

Montenegro's trade deficit widened to EUR 313.9 million in March 2025 from EUR 286.1 million in the corresponding month of the previous year. Year-on-year, exports increased by 24.3% to EUR 53.2 million, while imports rose by 11.6% to EUR 367.2 million. Considering January to March of 2025, exports dropped by 0.5% compared to the same period a year earlier to EUR 150.1 million, weighed down by lower sales of manufactured goods classified chiefly by material (-45.7%), beverages and tobacco (-42.9%), and machinery and transport equipment (-38.1%). Meanwhile, imports grew by 8.1% to EUR 934.1 million, primarily driven by higher purchases of animal oils and fats (27.1%), mineral fuels, lubricants and related materials (20%), miscellaneous manufactured articles (10.2%), and beverages and tobacco (9.8%)