Macedonia recorded a trade deficit of 326823 USD Thousand in October of 2022. source: State Statistical Office of the Republic of Macedonia

Balance of Trade in Macedonia averaged -175087.42 USD Thousand from 1994 until 2022, reaching an all time high of -54372.00 USD Thousand in September of 2006 and a record low of -437514.00 USD Thousand in April of 2022. This page provides the latest reported value for - Macedonia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. North Macedonia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Balance of Trade in Macedonia is expected to be -206000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Balance of Trade is projected to trend around -206000.00 USD Thousand in 2023 and -222000.00 USD Thousand in 2024, according to our econometric models.

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North Macedonia Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-11-07 11:00 AM Sep $-339M $-356.2M $ -206M
2022-12-07 11:30 AM Oct $-327M $-341M $-320M
2023-01-10 12:30 PM Nov $-327M


Related Last Previous Unit Reference
Balance of Trade -326823.00 -341130.00 USD Thousand Oct 2022
Imports 1086562.00 1095243.00 USD Thousand Oct 2022
Exports 759739.00 754113.00 USD Thousand Oct 2022
Tourist Arrivals 1038.00 1909.00 Hundreds Sep 2022

North Macedonia Balance of Trade
Macedonia exports mostly supported catalysts with precious metal or precious metal compounds as the active substance, ferro-nickel, iron and steel products (flat-rolled products), clothes, and petroleum oil preparations. Macedonia imports crude oil, platinum and platinum alloys, motor vehicles and electricity. Macedonia's most important trading partners are Germany, Serbia, Bulgaria, Russia and Greece (44.0% of the total international commodity trade).
Actual Previous Highest Lowest Dates Unit Frequency
-326823.00 -341130.00 -54372.00 -437514.00 1994 - 2022 USD Thousand Monthly