North Macedonia Trade Gap Smallest Since 2021

2026-05-05 10:24 By Jereli Escobar 1 min. read

North Macedonia’s trade deficit narrowed to $193 million in March 2026 from $261 million in the same month a year earlier, marking the smallest gap since September 2021.

Exports rose 13.4% year-on-year to $855 million, while imports increased 3.3% to $1,049 million.

In the January-March period, exports climbed 15.1% to $2,338 million, supported by stronger sales of food and live animals (13.9%), chemicals and related products (29.6%), machinery and transport equipment (8.6%), and miscellaneous finished goods (8.5%).

Meanwhile, imports grew 11.8% to $3,265 million, driven by higher purchases of food and live animals (8.6%), products classified by material (24.3%), chemical and related products (11.7%), machinery and transport equipment (5.5%), and miscellaneous finished goods (16.2%).

However, over the first three months of the year, the trade deficit totaled $927 million, up from $889 million in the same period a year earlier.



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North Macedonia Trade Gap Smallest Since 2021
North Macedonia’s trade deficit narrowed to $193 million in March 2026 from $261 million in the same month a year earlier, marking the smallest gap since September 2021. Exports rose 13.4% year-on-year to $855 million, while imports increased 3.3% to $1,049 million. In the January-March period, exports climbed 15.1% to $2,338 million, supported by stronger sales of food and live animals (13.9%), chemicals and related products (29.6%), machinery and transport equipment (8.6%), and miscellaneous finished goods (8.5%). Meanwhile, imports grew 11.8% to $3,265 million, driven by higher purchases of food and live animals (8.6%), products classified by material (24.3%), chemical and related products (11.7%), machinery and transport equipment (5.5%), and miscellaneous finished goods (16.2%). However, over the first three months of the year, the trade deficit totaled $927 million, up from $889 million in the same period a year earlier.
2026-05-05
North Macedonia Trade Deficit Widens in February
North Macedonia’s trade deficit widened to $422 million in February 2026 from $349 million in the corresponding month a year earlier. Imports climbed 25% year-on-year to $1,282 million, while exports rose 26.9% to $860 million. In the January-February period, the country’s trade deficit reached $731 million. Imports rose 16.2% compared to the corresponding period a year earlier to $2,214 million, driven largely by higher purchases of food and live animals (13.9%), chemicals and related products (14%), manufactured goods (26.8%), machinery and transport equipment (11.9%), and miscellaneous manufactured articles (18.9%). Meanwhile, exports increased 16.1% to $1,483 million, supported by higher sales of food and live animals (8.7%), chemicals and related products (32.2%), manufactured goods (6.1%), machinery and transport equipment (10.4%), and miscellaneous manufactured articles (13.5%).
2026-04-06
North Macedonia Trade Deficit Widens in January
North Macedonia’s trade deficit widened to $309 million in January 2026 from $279 million in the same month of the previous year. Imports rose 5.95% year-on-year to $931 million, driven largely by higher purchases of food and live animals (3.1%), beverages and tobacco (2.4%), and manufactured goods classified chiefly by material (22.1%). However, purchases declined for crude materials (-4.1%), mineral fuels, lubricants, and related materials (-11.8%), and miscellaneous manufactured articles (-0.7%). Meanwhile, exports grew by 3.8% to $622 million, lifted by increased sales in animal and vegetable oils, fats, and waxes (33.1%), chemicals and related products (21.3%), and crude materials (8.9%). Sales were partially tempered by declines in beverages and tobacco (-3%), machinery and transport equipment (-2.1%), and food and live animals (-8.7%).
2026-03-05