Macedonia Balance of Trade

Last Release

Nov 30, 2025

Actual

-295,349

Units In

USD Thousands

-393,943

Frequency

Monthly

Next Release

Feb 06, 2026

Time to Release

27 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
-54,372 Sep 2006	-437,514 Apr 2022	-189,297.39 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 $295 million in November 2025 from $303 million in the same month of the previous year. Exports climbed 14.8% year-on-year to $798 million, while imports rose at a slower pace of 9.5% to $1,093 million. In the January to November period, the country’s trade deficit reached $3,503 million. Imports increased 7.7% compared to the corresponding period a year earlier to $11,837 million, primarily driven by higher purchases of products classified by material (9.9%), chemical and related products (7.8%), and mineral fuels, lubricants and related products (1.7%). Meanwhile, exports rose 6.4% to $8,333 million, mainly due to stronger sales of machinery and transport equipment (15.3%), miscellaneous finished goods (2.8%), and food and live animals (7.9%). However, exports of chemical and related products declined (–2%).