Montenegro Handelsbilanzsaldo

Montenegro’s trade deficit widened significantly to EUR 344.8 million in September 2025 from EUR 288.6 million in the corresponding month of the previous year. Exports fell by 4.9% year-on-year to EUR 47.2 million, while imports advanced 15.9% to EUR 392 million. From January to August, the trade deficit increased to EUR 2,866.8 million in the same period last year. On a cumulative basis, exports fell by 4.7% to EUR 412.9 million, dragged down by declines in machinery and transport equipment (-30.2%), manufactured goods classified by material (-20.4%), and beverages and tobacco (-16.5%). Meanwhile, imports increased by 7.6% to EUR 3,279.6 million, driven by higher purchases of beverages and tobacco (+9.9%), miscellaneous manufactured articles (+9.8%), and food and live animals (+8.8%).