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

The trade deficit in Macedonia narrowed to USD 160.1 million in May of 2018 from USD 195.5 million in the corresponding month of the previous year. Exports jumped 20.2% to USD 574.3 million and imports increased at a softer 9.1% to USD 734.5 million. Considering the January to May period of 2018, the trade gap widened by 11.5% to USD 934.4 million. Shipments surged 29.1% to USD 2,760 million, mainly led by sales of machinery & transport equipment (44.7%); chemicals & related products (25.7%) and miscellaneous manufactured goods (21.9%). Among major trading partners, exports rose mainly to Germany (29.2%); Bulgaria (25%) and Belgium (41.8%). Meantime, imports advanced 24.2% to USD 3,694.4 million, as purchases rose mostly for manufactured goods classified chiefly by material (21.4%); machinery & transport equipment (35.8%) and chemicals & related products (25.3%). Imports increased from Germany (29.8%); Great Britain (25.9%) and Greece (30.8%). Balance of Trade in Macedonia averaged -163023.53 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
2018-05-04 10:00 AM Balance of Trade $-278.7M $-144.9M
2018-06-04 10:00 AM Balance of Trade $-194.5M $-269.8M $-220M
2018-07-04 11:00 AM Balance of Trade $-160.1M $-194.5M $-240M
2018-08-03 10:10 AM Balance of Trade $-160.1M $ -151M
2018-09-05 10:00 AM Balance of Trade
2018-10-04 10:15 AM Balance of Trade


Macedonia Trade Last Previous Highest Lowest Unit
Balance of Trade -160141.00 -194474.00 -54372.00 -310800.00 USD Thousands [+]
Exports 574330.00 566225.00 574330.00 78768.00 USD Thousands [+]
Imports 734470.00 760699.00 792292.00 152532.00 USD Thousands [+]
Current Account -141.80 -0.50 107.80 -243.60 USD Million [+]
Current Account to GDP -1.30 -2.70 -0.40 -12.70 percent [+]
Capital Flows -150.40 -5.30 133.60 -240.20 USD Million [+]
Foreign Direct Investment 51.12 36.65 344.80 -61.71 EUR Million [+]
Gold Reserves 6.90 6.90 6.90 2.76 Tonnes [+]
Tourist Arrivals 1040.00 826.00 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-160141.00 -194474.00 -54372.00 -310800.00 1994 - 2018 USD Thousands Monthly




balance of trade by Country
Country Last
Australia 827.00 May/18
Brazil 5881.58 Jun/18
Canada -2771.20 May/18
China 416.13 Jun/18
Euro Area 16514.10 May/18
France -6005.00 May/18
Germany 19669.00 May/18
India -16600.00 Jun/18
Indonesia 1742.60 Jun/18
Italy 3377.54 May/18
Japan 721.41 Jun/18
Mexico -1587.00 May/18
Netherlands 5030.00 May/18
Russia 15151.00 May/18
South Korea 6331.21 Jun/18
Spain -2153628.00 May/18
Switzerland 1309.00 Jun/18
Turkey -7759.34 May/18
United Kingdom -2790.00 May/18
United States -43053.00 May/18


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