Macedonia Balance of Trade

Last Release

Apr 30, 2025

Actual

-311,272

Units In

USD Thousands

-257,989

Frequency

Monthly

Next Release

Jul 04, 2025

Time to Release

26 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
-54,372 Sep 2006	-437,514 Apr 2022	-186,109.53 USD Thousands	1994-2025	State Statistical Office of the Republic of Macedonia

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).

Latest Updates

North Macedonia's trade deficit narrowed to $311 million in April 2025, from $331 million in the same month of the previous year. Exports declined by 1.2% year-on-year to $754 million, while imports fell at a faster rate of 2.5% to $1,066 million. For the January to April period, the country’s trade deficit totaled $1,198 million. Exports decreased by 2.5% compared to the same period a year earlier, amounting to $2,786 million. This decline was driven by lower sales of chemical and related products (-17.9%), miscellaneous finished goods (-7.8%), and products classified by material (-1.9%). Meanwhile, imports dropped by 1.99% to $3,984 million, mainly due to reduced purchases of raw materials (excluding fuel) (-7.5%), machinery and equipment (-5.8%), and products classified by material (-3.5%).