North Macedonia’s trade deficit widened to $311 million in May 2026 from $254 million in the same month last year. Imports rose 8.6% year-on-year to $1,189 million, while exports increased 4.4% to $878 million. In the January–May period, imports climbed 14.4% to $5,813 million, driven by higher purchases of mineral fuels, lubricants, and related materials (4.3%), chemicals and related products (14.5%), and manufactured goods classified chiefly by material (27.3%). Among key trading partners, the largest increases in imports came from Great Britain (83.3%), China (17.6%), and Greece (28.7%). Meanwhile, exports rose 13.9% to $4,132 million, supported by higher shipments of chemicals and related products (30.6%), machinery and transport equipment (6.2%), and manufactured goods classified chiefly by material (11.6%). Export growth was strongest to Germany (12.4%), Serbia (20.6%), and Bulgaria (22.3%). Over the first five months of the year, the trade deficit totaled $1,681 million. source: State Statistical Office of the Republic of Macedonia

Macedonia recorded a trade deficit of 311212 USD Thousand in May of 2026. Balance of Trade in Macedonia averaged -192455.66 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 July of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-04 10:00 AM
Balance of Trade
Apr $-439M $-196M $-300.0M
2026-07-06 10:00 AM
Balance of Trade
May $-311M $-439M $-370.0M
2026-08-05 10:00 AM
Balance of Trade
Jun $-311M


Related Last Previous Unit Reference
Balance of Trade -311212.00 -439971.00 USD Thousand May 2026
Exports 877724.00 916076.00 USD Thousand May 2026
Imports 1188936.00 1356047.00 USD Thousand May 2026
Tourist Arrivals 97358.00 73921.00 Apr 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
-311212.00 -439971.00 -54372.00 -463718.00 1994 - 2026 USD Thousand Monthly

News Stream
North Macedonia Trade Gap Widens in May
North Macedonia’s trade deficit widened to $311 million in May 2026 from $254 million in the same month last year. Imports rose 8.6% year-on-year to $1,189 million, while exports increased 4.4% to $878 million. In the January–May period, imports climbed 14.4% to $5,813 million, driven by higher purchases of mineral fuels, lubricants, and related materials (4.3%), chemicals and related products (14.5%), and manufactured goods classified chiefly by material (27.3%). Among key trading partners, the largest increases in imports came from Great Britain (83.3%), China (17.6%), and Greece (28.7%). Meanwhile, exports rose 13.9% to $4,132 million, supported by higher shipments of chemicals and related products (30.6%), machinery and transport equipment (6.2%), and manufactured goods classified chiefly by material (11.6%). Export growth was strongest to Germany (12.4%), Serbia (20.6%), and Bulgaria (22.3%). Over the first five months of the year, the trade deficit totaled $1,681 million.
2026-07-06
North Macedonia Trade Gap Widens in April
North Macedonia’s trade deficit widened to $439 million in April 2026 from $311 million in the corresponding month a year earlier. Imports rose 27% year-on-year to $1,355 million, while exports increased 21.3% to $916 million. In the January-April period, imports climbed 16% to $4,622 million, driven by higher purchases of chemical and related products (13%), machinery and transport equipment (5.9%), and miscellaneous manufactured goods (16%). The largest increases in imports came from Great Britain (91.7%), China (15.2%), and Germany (3.2%). Meanwhile, exports grew 16.8% to $3,254 million, supported by increased shipments of chemical and related products (34.9%), manufactured goods classified chiefly by material (12.7%), machinery and transport equipment (9.7%), and miscellaneous manufactured goods (6.9%). Export growth was strongest to Germany (17.5%), Bulgaria (20.1%), and Serbia (17.7%). Over the first four months of the year, the country’s trade deficit totaled $1,368 million.
2026-06-04
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