Macedonia Balance of Trade  1994-2018 | Data | Chart | Calendar | Forecast

The trade deficit in Macedonia widened to $278.7 million in March of 2018 from $175.9 million a year earlier. Imports jumped 23.7% YoY to $792.3 million while exports increased at a softer 10.6% to $513.6 million. For the first quarter of 2018, the trade balance posted a gap of $592.6 million, higher by 28.1% compared with $462.8 million deficit in the same period of 2017. Imports increased 29.9% YoY to $2191.1 million, led by purchases of machinery & transport equipment (39.2% vs 16.4% in the first quarter of 2017); manufactured goods (33.8% vs 12.5%); food & live animals (20% vs 4.6%); beverages & tobacco (37.2% vs 23.2%) and miscellaneous manufactured articles (31.1% vs 3.7%). Meantime, exports jumped 30.5% to $1598.6 million, led by sales of machinery & transport equipment (41.5% vs 14.9%); manufactured goods (20.9% vs 17.7%); chemicals (28.9% vs 10.8%) and food & live animals (19.6% vs -16.6%). The most important trade partners were: Germany, the UK, Greece, Serbia and Bulgaria. Balance of Trade in Macedonia averaged -162933.81 USD Thousands from 1994 until 2018, reaching an all time high of -54372 USD Thousands in September of 2006 and a record low of -310800 USD Thousands in October of 2007.

Macedonia Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-05 12:10 PM Balance of Trade $-169.3M $-257.8M $-160M
2018-04-04 11:40 AM Balance of Trade $-144.5M $-168.9M $ -166M
2018-05-04 10:00 AM Balance of Trade $-278.7M $-144.9M
2018-06-05 10:05 AM Balance of Trade $-278.7M
2018-07-04 11:00 AM Balance of Trade
2018-08-03 10:10 AM Balance of Trade $ -151M


Macedonia Trade Last Previous Highest Lowest Unit
Balance of Trade -278673.00 -144479.00 -54372.00 -310800.00 USD Thousands [+]
Exports 513619.00 565444.00 565444.00 78768.00 USD Thousands [+]
Imports 792292.00 712962.00 792292.00 152532.00 USD Thousands [+]
Current Account -44.80 -40.40 107.80 -243.60 USD Million [+]
Current Account to GDP -1.30 -2.70 -0.40 -12.70 percent [+]
Capital Flows -43.60 -49.30 133.60 -240.20 USD Million [+]
Foreign Direct Investment -54.19 -9.76 344.80 -61.71 EUR Million [+]
Gold Reserves 6.90 6.88 6.90 2.76 Tonnes [+]
Tourist Arrivals 538.00 412.00 1888.00 210.00 Hundreds [+]
Terrorism Index 1.19 1.86 4.50 1.19 [+]
External Debt 7403.37 7642.93 7717.73 2080.17 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Macedonia Balance of Trade

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). This page provides the latest reported value for - Macedonia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-278673.00 -144479.00 -54372.00 -310800.00 1994 - 2018 USD Thousands Monthly




balance of trade by Country
Country Last
Australia 1527.00 Mar/18
Brazil 6140.00 Apr/18
Canada -4139.60 Mar/18
China 287.80 Apr/18
Euro Area 26932.60 Mar/18
France -5258.00 Mar/18
Germany 25187.00 Mar/18
India -13720.00 Apr/18
Indonesia -1629.30 Apr/18
Italy 4531.06 Mar/18
Japan 625.98 Apr/18
Mexico 1917.55 Mar/18
Netherlands 5280.00 Mar/18
Russia 15001.00 Mar/18
South Korea 6611.00 Apr/18
Spain -830631.00 Mar/18
Switzerland 2315.30 Mar/18
Turkey -5855.00 Mar/18
United Kingdom -3091.00 Mar/18
United States -48956.00 Mar/18


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