North Macedonia Trade Gap Widens in July
2026-09-04 10:26
By
Jereli Escobar
1 min. read
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.