Macedonia recorded a trade deficit of 249075 USD Thousands in May of 2021. source: State Statistical Office of the Republic of Macedonia

Balance of Trade in Macedonia averaged -166574.44 USD Thousands from 1994 until 2021, reaching an all time high of -54372 USD Thousands in September of 2006 and a record low of -327990 USD Thousands in April of 2021. 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 July of 2021.

Balance of Trade in Macedonia is expected to be -221000.00 USD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Macedonia to stand at -222000.00 in 12 months time. In the long-term, the Macedonia Balance of Trade is projected to trend around -222000.00 USD Thousands in 2022, according to our econometric models.

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Macedonia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-249075.00 -327990.00 -54372.00 -327990.00 1994 - 2021 USD Thousands Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-07 10:00 AM Feb $-242M $-116.7M
2021-05-06 10:00 AM Mar $-274M $-244M $-210M
2021-06-07 10:00 AM Apr $-328M $-276M
2021-07-06 10:00 AM May $-249M $-328M $-280M
2021-08-05 10:00 AM Jun $-249M
2021-09-07 10:00 AM Jul
2021-10-07 10:00 AM Aug
2021-11-05 11:00 AM Sep


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).