Macedonia Balance of Trade

Last Release

Mar 31, 2025

Actual

-257,989

Units In

USD Thousands

-347,986

Frequency

Monthly

Next Release

Jun 05, 2025

Time to Release

27 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
-54,372 Sep 2006	-437,514 Apr 2022	-185,696.45 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 $258 million in March 2025 from $294.1 million in the same month last year. Exports fell by 3.8% year-on-year to $754.4 million, while imports declined by 6.2% to $1,012.4 million. Considering January to March period, the country’s trade deficit was $885.9 million. Exports decreased by 3% from a year earlier to $2,031.1 million due to lower sales of chemicals and related products, n.e.s (-16%), manufactured goods classified chiefly by material (-5.4%), and miscellaneous manufactured articles (-8.6%). Meanwhile, imports dropped by 1.8% to $2,916.9 million, attributed mainly to reduced purchases of crude materials, inedible, except fuels (-16.4%), machinery and transport equipment (-8.3%), and miscellaneous manufactured articles (-8.7%).