Macedonia Balance of Trade  Forecast


Macedonia Balance of Trade
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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 -160589.70 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 Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -183635 -173000 -163471 -161377 -160590 -160000
Exports 545323 529209 505082 484265 465653 362610
Imports 728958 670474 649404 624437 603971 501040
Current Account 56.5 -22.22 -30.99 -29 -28.59 -28.64
Current Account to GDP -2.7 -1.6 -1.4 -1.4 -1.4 -0.9
Capital Flows 55.2 -27.87 -27.95 -27.96 -27.96 -27.96
Foreign Direct Investment -61.45 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 1.19 2.4 2.37 2.34 2.32 2.63
External Debt 7781 7377 7377 7348 7332 7127
Tourist Arrivals 1041 200 300 700 600 500