Macedonia Balance of Trade  Forecast


Balance of Trade in Macedonia is expected to be -173000.00 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 -159603.92 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.


Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows clients to download millions of rows of historical data, to query our real-time economic calendar and to subscribe to updates.

Interested? Click here to contact us


Macedonia Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -175266 -173000 -160445 -160346 -159604 -160000
Exports 448015 426500 409501 394816 382020 320126
Imports 623281 590953 572511 556659 542821 477394
Current Account -15 -29.93 -30.09 -30.01 -30.01 -30.01
Current Account to GDP -3.1 -1.6 -1.4 -1.4 -1.4 -0.9
Capital Flows -23.1 -27.87 -27.95 -27.96 -27.96 -27.96
Foreign Direct Investment 24.61 42.69 47 50.44 53.2 62.8
Gold Reserves 6.88 6.6 6.48 6.36 6.27 6.1
Terrorism Index 1.86 2.4 2.37 2.34 2.32 2.63
External Debt 7253 7377 7377 7348 7332 7127
Tourist Arrivals 1888 200 300 700 600 500