Montenegro Net Trade (Goods & Services, BoP)
Montenegro's net trade (goods & services, bop) rose to $-1.85 billion in 2024, up from $-1.4 billion in 2023, according to World Bank. This represents an increase of 32.3% ($450.91 million) from the previous year. Montenegro has net trade (goods & services, bop) lower than the global median (-$1.85 billion vs median -$215.12 million). Compared with the median in Europe, Montenegro is lower (-$1.85 billion vs regional median $1.60 billion) and ranks 32nd out of 44 countries in Europe.
Yearly Historical Data (2007-2024)
(in Billion USD)Montenegro Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Montenegro, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.