Macedonia Balance of Trade

Last Release

Oct 31, 2025

Actual

-393,943

Units In

USD Thousands

-297,292

Frequency

Monthly

Next Release

Jan 08, 2026

Time to Release

1 Months 1 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
-54,372 Sep 2006	-437,514 Apr 2022	-188,955.29 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 to $394 million in October 2025, from $307 million in the same month of the previous year. Imports climbed by 15.4% year-on-year to $1,240 million, while exports grew by 10.25% to $846 million. During the January–October period, the country’s trade deficit reached $3,206 million. Imports rose by 7.5% compared to the corresponding period a year earlier, totaling $10,742 million, driven mainly by higher purchases of products classified by materials (9.4%), chemical and related products (7.3%), and mineral fuels, lubricants, and related products (0.2%). Meanwhile, exports increased at a more moderate pace of 5.6%, reaching $7,536 million, supported by stronger sales of machinery and transport equipment (15.7%), miscellaneous finished goods (2.7%), and products classified by materials (0.9%). However, exports of chemical and related products declined by 4.4%.