Macedonia's trade deficit narrowed to USD 272.2 million in June of 2022 from USD 267.7 billion in the corresponding month of the previous year. source: State Statistical Office of the Republic of Macedonia

Balance of Trade in Macedonia averaged -172882.90 USD Thousands from 1994 until 2022, reaching an all time high of -54372 USD Thousands in September of 2006 and a record low of -437514 USD Thousands 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. Macedonia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

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

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Macedonia Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-07-06 10:00 AM May $-331.3M $-437.5M $-415M
2022-08-05 10:00 AM Jun $-272.2M $-333.2M $ -206M
2022-09-07 10:00 AM Jul $-272.2M

Related Last Previous Unit Reference
Balance of Trade -272198.00 -331339.00 USD Thousands Jun 2022
Imports 1057754.00 1109085.00 USD Thousands Jun 2022
Exports 785556.00 775920.00 USD Thousands Jun 2022
Tourist Arrivals 716.00 476.00 Hundreds May 2022

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
-272198.00 -331339.00 -54372.00 -437514.00 1994 - 2022 USD Thousands Monthly