North Macedonia’s trade deficit widened to $390 million in July 2026 from $380 million in the same month a year earlier, marking the largest deficit in three months. Exports increased 8.7% year-on-year to $847 million, while imports rose 6.7% to $1,236 million. In the January-July period, exports rose 13.9% to $5,932 million, supported by increased sales of chemicals and related products (25.6%), machinery and transport equipment (6.3%), and products classified by material (11.7%). Exports grew notably to Germany (8.9%), Bulgaria (24.7%), and Hungary (13.4%). Meanwhile, imports climbed 13.5% to $8,370 million, driven by higher purchases of chemicals and related products (15.5%), products classified by material (18.2%), and machinery and transport equipment (4.4%). Import growth was strongest from Great Britain (60.4%), Greece (43.7%), and China (10.8%). Over the first seven months of the year, the trade gap widened to $2,437 million from $2,168 million in the same period last year. source: State Statistical Office of the Republic of Macedonia

Macedonia recorded a trade deficit of 389537 USD Thousand in July of 2026. Balance of Trade in Macedonia averaged -193616.17 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 September of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-05 10:00 AM
Balance of Trade
Jun $-363M $-313M $-350.0M
2026-09-04 10:00 AM
Balance of Trade
Jul $-390M $-363M $-390.0M
2026-10-05 10:00 AM
Balance of Trade
Aug $-390M


Related Last Previous Unit Reference
Balance of Trade -389537.00 -364197.00 USD Thousand Jul 2026
Exports 846618.00 953877.00 USD Thousand Jul 2026
Imports 1236155.00 1318074.00 USD Thousand Jul 2026
Tourist Arrivals 223711.00 113436.00 Jul 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
-389537.00 -364197.00 -54372.00 -463718.00 1994 - 2026 USD Thousand Monthly

News Stream
North Macedonia Trade Gap Widens in July
North Macedonia’s trade deficit widened to $390 million in July 2026 from $380 million in the same month a year earlier, marking the largest deficit in three months. Exports increased 8.7% year-on-year to $847 million, while imports rose 6.7% to $1,236 million. In the January-July period, exports rose 13.9% to $5,932 million, supported by increased sales of chemicals and related products (25.6%), machinery and transport equipment (6.3%), and products classified by material (11.7%). Exports grew notably to Germany (8.9%), Bulgaria (24.7%), and Hungary (13.4%). Meanwhile, imports climbed 13.5% to $8,370 million, driven by higher purchases of chemicals and related products (15.5%), products classified by material (18.2%), and machinery and transport equipment (4.4%). Import growth was strongest from Great Britain (60.4%), Greece (43.7%), and China (10.8%). Over the first seven months of the year, the trade gap widened to $2,437 million from $2,168 million in the same period last year.
2026-09-04
North Macedonia Trade Gap Widens in June
North Macedonia’s trade deficit widened to $363 million in June 2026 from $334 million in the same month a year earlier. Exports increased 19.2% year-on-year to $953.9 million, while imports rose 16.0% to $1,316.5 million. In the January–June period, exports climbed 14.9% to $5,085.9 million, supported by stronger sales of chemical and related products (28.8%), machinery and transport equipment (7.5%), and miscellaneous manufactured articles (3.2%). Exports grew to Germany (11.0%), Bulgaria (26.6%), and Serbia (23.2%). Meanwhile, imports advanced 14.7% to $7,131.7 million, driven by higher purchases of manufactured goods classified chiefly by material (23.1%), machinery and transport equipment (7.4%), and miscellaneous manufactured articles (15.4%). Import growth was strongest from Great Britain (65.4%), Greece (36.8%), and China (17.2%). Over the first six months of the year, the trade gap widened to $2,045.9 million from $1,788.2 million in the corresponding period of 2025.
2026-08-05
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