Trade balance — all countries

Trade balance — Montenegro

Trade balance in Montenegro in 2025 — -2,368,068,155 US$. Ranked 93 in the world out of 138. Since 2000, the indicator has fallen by 1,583%.

2025 -2.37B US$ −27.48% vs 2024
World rank 93of 138
Period maximum -141M US$2000
Period minimum -2.43B US$2008

Trend over time

2000–2025 · US$

Trade balance — Montenegro, 2000–2025-3B-2B-1B02000200320062009201220152018202120242000: -140,706,841 US$2001: -273,293,928 US$2002: -315,367,749 US$2003: -279,732,571 US$2004: -333,689,235 US$2005: -395,760,045 US$2006: -1,004,450,557 US$2007: -1,575,140,707 US$2008: -2,432,776,474 US$2009: -1,284,618,043 US$2010: -1,052,393,396 US$2011: -985,680,401 US$2012: -991,041,271 US$2013: -897,004,017 US$2014: -911,429,388 US$2015: -748,765,204 US$2016: -983,565,880 US$2017: -1,138,979,808 US$2018: -1,313,910,738 US$2019: -1,171,765,052 US$2020: -1,673,859,043 US$2021: -1,134,332,523 US$2022: -1,425,091,670 US$2023: -1,402,443,687 US$2024: -1,857,573,134 US$2025: -2,368,068,155 US$
Change over the period: −2.23B (−1,582.98%)

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Montenegro

Montenegro -2.37B US$
Europe & Central Asia computed 864B US$
Southern Europe computed 97.93B US$
Upper-middle-income countries computed 855B US$
Trade balance — Montenegro, by year Montenegro All countries CSV XLSX
Year US$ Change Change, %
2025 -2.37B −510M −27.48%
2024 -1.86B −455M −32.45%
2023 -1.4B +22.65M +1.59%
2022 -1.43B −291M −25.63%
2021 -1.13B +540M +32.23%
2020 -1.67B −502M −42.85%
2019 -1.17B +142M +10.82%
2018 -1.31B −175M −15.36%
2017 -1.14B −155M −15.8%
2016 -984M −235M −31.36%
2015 -749M +163M +17.85%
2014 -911M −14.43M −1.61%
2013 -897M +94.04M +9.49%
2012 -991M −5.36M −0.54%
2011 -986M +66.71M +6.34%
2010 -1.05B +232M +18.08%
2009 -1.28B +1.15B +47.2%
2008 -2.43B −858M −54.45%
2007 -1.58B −571M −56.82%
2006 -1B −609M −153.8%
2005 -396M −62.07M −18.6%
2004 -334M −53.96M −19.29%
2003 -280M +35.64M +11.3%
2002 -315M −42.07M −15.4%
2001 -273M −133M −94.23%
2000 -141M

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.