Macedonia Balance of Trade

Last Release

Jun 30, 2025

Actual

-328,798

Units In

USD Thousands

-250,270

Frequency

Monthly

Next Release

Sep 05, 2025

Time to Release

29 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
-54,372 Sep 2006	-437,514 Apr 2022	-186,785.51 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 $329 million in June 2025, from $230 million in the same month of the previous year. This marked the highest monthly trade shortfall since February, with exports increasing by 8.7% year-on-year to $801.5 million, while imports climbing 16.8% to $1,129.3 million. For the January to June period, the country’s trade deficit totaled $1,777.8 million. Exports rose by 4.2% compared to the same period a year earlier, amounting to $ 4,427.5 million, primarily driven by higher sales of beverages and tobacco (50.8%), animal and vegetable oils, fats and waxes (30.6%), machinery and transport devices (15.8%), and raw materials (other than food) other than fuel (14.5%). Meanwhile, imports advanced by 3.5% to $6,205.3 million, mainly due to increased purchases of animal and vegetable oils, fats and waxes (31.5%), beverages and tobacco (14.4%), and mineral fuels, lubricants and related products (6.1%).