North Macedonia’s trade deficit narrowed to $295 million in December 2025 from $388 million in the same month of the previous year. Exports climbed 21% year-on-year to $717 million, while imports rose at a slightly slower pace of 20% to $1,181 million. For the whole year, the country’s trade deficit reached $3,504 million. Imports rose 9% compared to the corresponding period a year earlier to $13,048 million, driven largely by higher purchases of food and live animals (10.8%), animal and vegetable oil and fats and waxes (23.6%), chemical and related products (9.3%), and miscellaneous manufactured articles (9%). Meanwhile, exports grew by 7.4% to $9,050 million, attributed to an increase in sales of beverages and tobacco (38.2%), machinery and transport equipment (16.1%), miscellaneous manufactured articles (3.6%), and crude materials (9.1%). source: State Statistical Office of the Republic of Macedonia

Macedonia recorded a trade deficit of 295349 USD Thousand in December of 2025. Balance of Trade in Macedonia averaged -189348.96 USD Thousand from 1994 until 2025, reaching an all time high of -54372.00 USD Thousand in September of 2006 and a record low of -439715.00 USD Thousand in April of 2022. 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 February of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-08 11:00 AM
Balance of Trade
Nov $-295M $-394M $-370.0M
2026-02-06 11:00 AM
Balance of Trade
Dec $-295M $-295M $-320.0M
2026-03-05 11:00 AM
Balance of Trade
Jan $-295M


Related Last Previous Unit Reference
Balance of Trade -295349.00 -295349.00 USD Thousand Dec 2025
Exports 716956.00 797643.00 USD Thousand Dec 2025
Imports 1180674.00 1092992.00 USD Thousand Dec 2025
Tourist Arrivals 59521.00 77570.00 Dec 2025


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
-295349.00 -295349.00 -54372.00 -439715.00 1994 - 2025 USD Thousand Monthly

News Stream
North Macedonia Trade Deficit Narrows in December
North Macedonia’s trade deficit narrowed to $295 million in December 2025 from $388 million in the same month of the previous year. Exports climbed 21% year-on-year to $717 million, while imports rose at a slightly slower pace of 20% to $1,181 million. For the whole year, the country’s trade deficit reached $3,504 million. Imports rose 9% compared to the corresponding period a year earlier to $13,048 million, driven largely by higher purchases of food and live animals (10.8%), animal and vegetable oil and fats and waxes (23.6%), chemical and related products (9.3%), and miscellaneous manufactured articles (9%). Meanwhile, exports grew by 7.4% to $9,050 million, attributed to an increase in sales of beverages and tobacco (38.2%), machinery and transport equipment (16.1%), miscellaneous manufactured articles (3.6%), and crude materials (9.1%).
2026-02-06
North Macedonia Trade Deficit Narrows
North Macedonia’s trade deficit narrowed to $295 million in November 2025 from $303 million in the same month of the previous year. Exports climbed 14.8% year-on-year to $798 million, while imports rose at a slower pace of 9.5% to $1,093 million. In the January to November period, the country’s trade deficit reached $3,503 million. Imports increased 7.7% compared to the corresponding period a year earlier to $11,837 million, primarily driven by higher purchases of products classified by material (9.9%), chemical and related products (7.8%), and mineral fuels, lubricants and related products (1.7%). Meanwhile, exports rose 6.4% to $8,333 million, mainly due to stronger sales of machinery and transport equipment (15.3%), miscellaneous finished goods (2.8%), and food and live animals (7.9%). However, exports of chemical and related products declined (–2%).
2026-01-08
North Macedonia Trade Deficit Widens
North Macedonia’s trade deficit widened to $394 million in October 2025, from $307 million in the same month of the previous year. Imports climbed by 15.4% year-on-year to $1,240 million, while exports grew by 10.25% to $846 million. During the January–October period, the country’s trade deficit reached $3,206 million. Imports rose by 7.5% compared to the corresponding period a year earlier, totaling $10,742 million, driven mainly by higher purchases of products classified by materials (9.4%), chemical and related products (7.3%), and mineral fuels, lubricants, and related products (0.2%). Meanwhile, exports increased at a more moderate pace of 5.6%, reaching $7,536 million, supported by stronger sales of machinery and transport equipment (15.7%), miscellaneous finished goods (2.7%), and products classified by materials (0.9%). However, exports of chemical and related products declined by 4.4%.
2025-12-05