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Macedonia Balance of Trade
Last Release
Aug 31, 2025
Actual
-355,544
Units In
USD Thousands
Previous
-372,995
Frequency
Monthly
Next Release
Nov 04, 2025
Time to Release
27 Days 10 Hours
Highest | Lowest | Average | Date Range | Source |
-54,372 Sep 2006 | -437,514 Apr 2022 | -187,938 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 widened significantly to USD 355.5 million in August 2025 from USD 250 million in the same month of the previous year. Exports declined 3.6% year-on-year to USD 660.9 million, while imports rose by 8.5% to USD 1,016.5 million. For the January to August period, the country’s trade shortfall reached USD 2,509 million. Exports advanced by 4.3% compared to the same period a year earlier, totaling USD 5,867 million, mainly driven by higher sales of animal and vegetable oils, fats and waxes (+28.7%), beverages and tobacco (+28.6%), and machinery finished products (+16.4%). Meanwhile, imports increased faster at 5.3% to USD 8,377 million, primarily due to increased purchases of animal and vegetable oils, fats and waxes (+26.5%) and beverages and tobacco (+14.4%).
Macedonia Balance of Trade History
Last 12 readings