Montenegro balance of trade
Montenegro balance of trade: -239416 (38.53%)
Last Update: February 29, 2024
Last Update: February 29, 2024
Montenegro balance of trade closed down -239416 as of February 29, 2024 from -172831 from the previous month and -190111 from last year.
Montenegro balance of trade Analytics & Data
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Montenegro balance of trade
| Date | Values |
|---|---|
| 2024-02-29 | -239416 |
| 2024-01-31 | -172831 |
| 2023-12-31 | -257077 |
| 2023-11-30 | -240902 |
| 2023-10-31 | -282853 |
| 2023-09-30 | -306288 |
| 2023-08-31 | -308924 |
| 2023-07-31 | -295370 |
| 2023-06-30 | -314480 |
| 2023-05-31 | -281310 |
| 2023-04-30 | -239217 |
| 2023-03-31 | -289126 |
| 2023-02-28 | -190111 |
| 2023-01-31 | -125847 |
| 2022-12-31 | -217152 |
| 2022-11-30 | -250617 |
| 2022-10-31 | -248685 |
| 2022-09-30 | -297280 |
| 2022-08-31 | -320161 |
| 2022-07-31 | -270637 |
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Montenegro balance of trade Statistics
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | me.balanceoftrade | -282853 | -306288 | -8 | 13 | Down | Down | 56 | 2023-11-30 |
Montenegro balance of trade Factors
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What is the Montenegro balance of trade
Welcome to our webpage on Montenegro's balance of trade! Here, we provide you with valuable current and historical data, trends and signals, as well as analytics and charts for Montenegro's balance of trade.But first, let's understand what the balance of trade is and how it should be interpreted. The balance of trade, also known as the trade balance or net exports, measures the difference between a country's total exports and imports of goods and services. It is a key indicator of a country's economic performance in the global market.
A positive balance of trade (trade surplus) occurs when a country's exports exceed its imports. This suggests that the country is exporting more goods and services than it is importing, leading to an inflow of foreign currency and potentially stimulating economic growth.
On the other hand, a negative balance of trade (trade deficit) occurs when a country's imports exceed its exports. This indicates that the country is importing more than it is exporting, leading to an outflow of foreign currency and potentially hindering economic growth.
On our webpage, you will find a comprehensive display of Montenegro's balance of trade data, including monthly and annual figures. Our interactive charts and graphs allow you to visually analyze the trends and patterns over time. You can also compare Montenegro's balance of trade with other countries or regions to gain further insights.
To assist you in interpreting the data, we provide analytics and commentary on the factors influencing Montenegro's balance of trade. These insights help you understand the drivers behind trade surpluses or deficits, such as changes in export industries, import demand, currency exchange rates, and global economic conditions.
One of the unique features we offer is the ability to export historical data for free. This allows users to conduct their own in-depth analysis and create custom reports tailored to their specific needs. Whether you are a researcher, analyst, or student, having access to this data can provide valuable insights and support your decision-making process.
In addition to the raw data and analytics, we offer MacroVar signals, trends, and analysis for Montenegro's balance of trade. Our proprietary algorithms help identify emerging trends and early warnings for potential shifts in the balance of trade. These insights can be invaluable for businesses, investors, and policymakers looking to stay ahead of the curve.
Explore our webpage today and unlock the power of Montenegro's balance of trade data. Make informed decisions, gain competitive advantage, and stay updated on the latest trends and signals shaping Montenegro's international trade landscape.
Montenegro Macroeconomic Indicators
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | me.balanceoftrade | -282853 | -306288 | -8 | 13 | Down | Down | 56 | 2023-11-30 |
| building permits | me.buildingpermits | 96 | 101 | -5 | 39 | UP | UP | 0 | 2023-12-31 |
| consumer price index cpi | me.cpi | 135.8 | 135.2 | 0 | 6 | UP | UP | 65 | 2024-03-31 |
| current account | me.currentaccount | -422384 | 193100 | -319 | 161 | Down | Down | 97 | 2024-03-31 |
| current account to gdp | me.currentaccountgdp | -13.2 | -9.2 | 43 | -32 | UP | UP | 0 | 2023-01-31 |
| exports | me.exports | 41845.8 | 41060.9 | 2 | -3 | Down | Down | 37 | 2023-08-31 |
| fiscal expenditure | me.fiscalexp | 1054520000 | 493928000 | 113 | 21 | Down | UP | 0 | 2020-06-30 |
| gdp | me.gdp | 5.81 | 4.78 | 22 | 40 | UP | UP | 0 | 2021-01-31 |
| Real GDP | me.realgdp | 1653.65 | 1991.76 | -17 | 43 | UP | UP | 0 | 2023-12-31 |
| gdp growth annual | me.gdpgrowthan | 4.3 | 6.6 | -35 | -157 | Down | UP | 0 | 2023-12-31 |
| government budget | me.govbudget | 0.2 | -5.1 | -104 | -105 | UP | UP | 0 | 2023-01-31 |
| Government budget | me.govbudgetvalue | -217444000 | -70514100 | 208 | 110 | Down | Down | 0 | 2020-06-30 |
| government debt | me.govdebt | 4059.91 | 3986.76 | 2 | -6 | UP | Down | 0 | 2023-12-31 |
| government debt to gdp | me.govdebtgdp | 60.3 | 70.8 | -15 | 33 | Down | UP | 0 | 2023-01-31 |
| government revenues | me.govrev | 837078000 | 423414000 | 98 | 9 | Down | UP | 0 | 2020-06-30 |
| imports | me.imports | 349591 | 335974 | 4 | -4 | UP | Down | 28 | 2023-08-31 |
| industrial production | me.indproduction | -9.2 | 9.4 | -198 | 475 | Down | Down | 93 | 2024-01-31 |
| industrial production mom | me.indproductionmm | 9.8 | -14.9 | -166 | -132 | UP | UP | 25 | 2024-01-31 |
| inflation cpi | me.inflationcpi | 5.5 | 4.3 | 28 | -66 | Down | Down | 53 | 2024-01-31 |
| long term unemployment rate | me.ltunemploymentrate | 15.7 | 12.7 | 24 | 22 | UP | UP | 0 | 2020-12-31 |
| Producer Price Index | me.producerprices | 206.5 | 202.1 | 2 | 7 | UP | UP | 79 | 2023-07-31 |
| PPI Index | me.producerpricesch | 2 | 5.5 | -64 | -84 | Down | Down | 32 | 2024-01-31 |
| retail sales MoM | me.retailsales | 10.3 | -29.9 | -134 | -132 | UP | UP | 10 | 2024-01-31 |
| retail sales yoy | me.retailsalesan | 10 | 10.3 | -3 | -32 | UP | Down | 62 | 2024-01-31 |
| unemployment rate | me.unemploymentrate | 13.27 | 13.38 | -1 | -31 | Down | Down | 3 | 2024-01-31 |
| Construction sector | me.esi.constr | 10.8 | 10.3 | 5 | -214 | UP | UP | 0 | 2023-06-30 |
| Consumer sector | me.esi.cons | 6.8 | 6 | 13 | -140 | UP | UP | 5 | 2023-06-30 |
| Manufacturing sector | me.esi.man | 5.5 | 6.1 | -10 | 10 | UP | UP | 78 | 2023-06-30 |
| Retail sector | me.esi.ret | 22.7 | 19.4 | 17 | 328 | UP | UP | 98 | 2023-06-30 |
| Services sector | me.esi.serv | 22.1 | 18.6 | 19 | 146 | UP | UP | 97 | 2023-06-30 |
| ESI - Economic Composite | me.esi.conf | 111.5 | 113.9 | -2 | 33 | UP | UP | 88 | 2022-02-28 |