Macedonia Balance of Trade - Forecast

Balance of Trade in Macedonia is expected to be -193097.58 USD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Macedonia to stand at -169000.00 in 12 months time. In the long-term, the Macedonia Balance of Trade is projected to trend around -160000.00 USD Thousands in 2020, according to our econometric models.


Macedonia Balance of Trade
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Macedonia Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -257762 -193098 -188698 -180938 -169000 -160000
Exports 478319 465658 448107 431790 417197 327695
Imports 736080 691654 665500 641688 620453 494310
Current Account 56.5 -30.99 -29 -28.59 -28.63 -28.64
Current Account to GDP -2.7 -1.4 -1.4 -1.4 -1.4 -0.9
Capital Flows 55.2 -25.46 -26.13 -26.16 -26.16 -26.15
Foreign Direct Investment -54.19 -7.84 4.59 14.66 22.82 54.76
Gold Reserves 6.88 6.73 6.6 6.48 6.37 6.11
Tourist Arrivals 516 400 600 600 500 500
Terrorism Index 1.19 1.97 1.79 1.62 1.44 2.13
External Debt 7710 7717 7718 7689 7669 7366