The trade deficit in Macedonia narrowed to USD 88.8 million in September of 2018 from USD 119.2 million in the same month of the previous year. Exports rose 12.4% to USD 618.1 million while imports went up at a softer 5.7% to USD 706.9 million. Considering the January to August period, the trade gap widened to USD 1,546.5 million from USD 1,404.6 million in the corresponding period of 2017. Shipments surged 22.7%, boosted by higher sales of machinery & transport equipment (+32.6%); chemicals & related products (+22%) and miscellaneous manufactured article (+12.9%). Among major trading partners, exports advanced to Germany (+21.3%); Bulgaria (+11.7%) and Belgium 31.2%). Meanwhile, imports increased 19.5% to USD 6,593.4 million, mainly due to higher purchases of manufactured goods (+17.5%); machinery & transport equipment (+24.8%) and chemicals & related products (+21.8%). Imports went up faster from Germany (+19.6%); the UK (+11.4%) and Greece (+30.1%). Balance of Trade in Macedonia averaged -162888.19 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
2018-09-04 10:00 AM Balance of Trade $-186.1M $-185.8M $ -190M
2018-10-04 10:15 AM Balance of Trade $-167.3M $-187.1M $ -198M
2018-11-05 01:55 PM Balance of Trade $-88.8M $-167.7M $ -118M
2018-12-05 11:00 AM Balance of Trade $-88.8M


Macedonia Trade Last Previous Highest Lowest Unit
Balance of Trade -88756.00 -167738.00 -54372.00 -310800.00 USD Thousands [+]
Exports 618129.00 522081.00 618129.00 78768.00 USD Thousands [+]
Imports 706885.00 689819.00 795235.00 152532.00 USD Thousands [+]
Current Account -30.30 57.30 107.80 -243.60 USD Million [+]
Current Account to GDP -1.30 -2.70 -0.40 -12.70 percent [+]
Capital Flows -29.90 57.30 133.60 -240.20 USD Million [+]
Foreign Direct Investment 1.06 45.36 344.80 -62.66 EUR Million [+]
Gold Reserves 6.90 6.90 6.90 2.76 Tonnes [+]
Tourist Arrivals 1087.00 2117.00 2117.00 210.00 Hundreds [+]
Terrorism Index 1.19 1.86 4.50 1.19 [+]
External Debt 8432.89 8268.41 8432.89 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-88756.00 -167738.00 -54372.00 -310800.00 1994 - 2018 USD Thousands Monthly




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan 139.56 Sep/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 1447.00 Sep/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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