North Macedonia’s trade deficit narrowed to $193 million in March 2026 from $261 million in the same month a year earlier, marking the smallest gap since September 2021. Exports rose 13.4% year-on-year to $855 million, while imports increased 3.3% to $1,049 million. In the January-March period, exports climbed 15.1% to $2,338 million, supported by stronger sales of food and live animals (13.9%), chemicals and related products (29.6%), machinery and transport equipment (8.6%), and miscellaneous finished goods (8.5%). Meanwhile, imports grew 11.8% to $3,265 million, driven by higher purchases of food and live animals (8.6%), products classified by material (24.3%), chemical and related products (11.7%), machinery and transport equipment (5.5%), and miscellaneous finished goods (16.2%). However, over the first three months of the year, the trade deficit totaled $927 million, up from $889 million in the same period a year earlier. source: State Statistical Office of the Republic of Macedonia

Macedonia recorded a trade deficit of 193479 USD Thousand in March of 2026. Balance of Trade in Macedonia averaged -191284.99 USD Thousand from 1994 until 2026, reaching an all time high of -54372.00 USD Thousand in September of 2006 and a record low of -463718.00 USD Thousand in December of 2025. 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. North Macedonia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-06 10:00 AM
Balance of Trade
Feb $-422M $-309M $-350.0M
2026-05-05 10:00 AM
Balance of Trade
Mar $-193M $-422M $-400.0M
2026-06-04 10:00 AM
Balance of Trade
Apr $-193M


Related Last Previous Unit Reference
Balance of Trade -193479.00 -424679.00 USD Thousand Mar 2026
Exports 855264.00 859875.00 USD Thousand Mar 2026
Imports 1048743.00 1284554.00 USD Thousand Mar 2026
Tourist Arrivals 73921.00 48654.00 Mar 2026


North 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).
Actual Previous Highest Lowest Dates Unit Frequency
-193479.00 -424679.00 -54372.00 -463718.00 1994 - 2026 USD Thousand Monthly

News Stream
North Macedonia Trade Gap Smallest Since 2021
North Macedonia’s trade deficit narrowed to $193 million in March 2026 from $261 million in the same month a year earlier, marking the smallest gap since September 2021. Exports rose 13.4% year-on-year to $855 million, while imports increased 3.3% to $1,049 million. In the January-March period, exports climbed 15.1% to $2,338 million, supported by stronger sales of food and live animals (13.9%), chemicals and related products (29.6%), machinery and transport equipment (8.6%), and miscellaneous finished goods (8.5%). Meanwhile, imports grew 11.8% to $3,265 million, driven by higher purchases of food and live animals (8.6%), products classified by material (24.3%), chemical and related products (11.7%), machinery and transport equipment (5.5%), and miscellaneous finished goods (16.2%). However, over the first three months of the year, the trade deficit totaled $927 million, up from $889 million in the same period a year earlier.
2026-05-05
North Macedonia Trade Deficit Widens in February
North Macedonia’s trade deficit widened to $422 million in February 2026 from $349 million in the corresponding month a year earlier. Imports climbed 25% year-on-year to $1,282 million, while exports rose 26.9% to $860 million. In the January-February period, the country’s trade deficit reached $731 million. Imports rose 16.2% compared to the corresponding period a year earlier to $2,214 million, driven largely by higher purchases of food and live animals (13.9%), chemicals and related products (14%), manufactured goods (26.8%), machinery and transport equipment (11.9%), and miscellaneous manufactured articles (18.9%). Meanwhile, exports increased 16.1% to $1,483 million, supported by higher sales of food and live animals (8.7%), chemicals and related products (32.2%), manufactured goods (6.1%), machinery and transport equipment (10.4%), and miscellaneous manufactured articles (13.5%).
2026-04-06
North Macedonia Trade Deficit Widens in January
North Macedonia’s trade deficit widened to $309 million in January 2026 from $279 million in the same month of the previous year. Imports rose 5.95% year-on-year to $931 million, driven largely by higher purchases of food and live animals (3.1%), beverages and tobacco (2.4%), and manufactured goods classified chiefly by material (22.1%). However, purchases declined for crude materials (-4.1%), mineral fuels, lubricants, and related materials (-11.8%), and miscellaneous manufactured articles (-0.7%). Meanwhile, exports grew by 3.8% to $622 million, lifted by increased sales in animal and vegetable oils, fats, and waxes (33.1%), chemicals and related products (21.3%), and crude materials (8.9%). Sales were partially tempered by declines in beverages and tobacco (-3%), machinery and transport equipment (-2.1%), and food and live animals (-8.7%).
2026-03-05