Macedonia recorded a trade deficit of 278210 USD Thousands in August of 2021. source: State Statistical Office of the Republic of Macedonia

Balance of Trade in Macedonia averaged -167748.96 USD Thousands from 1994 until 2021, reaching an all time high of -54372 USD Thousands in September of 2006 and a record low of -327720 USD Thousands in April of 2021. This page provides the latest reported value for - Macedonia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Balance of Trade in Macedonia is expected to be -206000.00 USD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Balance of Trade is projected to trend around -206000.00 USD Thousands in 2022 and -222000.00 USD Thousands in 2023, according to our econometric models.

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Macedonia Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2021-07-06 10:00 AM May $-249M $-328M $-280M
2021-08-05 10:00 AM Jun $-267M $-250M
2021-09-07 10:00 AM Jul $-253M $-267M
2021-10-07 10:00 AM Aug $-278.21M $-257.6M
2021-11-05 11:00 AM Sep $-278.21M $ -221M
2021-12-07 11:00 AM Oct

Macedonia Last Unit Reference Previous Highest Lowest
Balance of Trade -278210.00 USD Thousands Aug/21 -257598.00 -54372.00 -327720.00
Imports 944346.00 USD Thousands Aug/21 951654.00 1064550.00 152532.00
Exports 666136.00 USD Thousands Aug/21 694056.00 736830.00 78768.00
Tourist Arrivals 1841.00 Hundreds Aug/21 1363.00 2163.00 7.00

Macedonia Balance of Trade
Macedonia exports mostly supported catalysts with precious metal or precious metal compounds as the active substance, ferro-nickel, iron and steel products (flat-rolled products), clothes, and petroleum oil preparations. Macedonia imports crude oil, platinum and platinum alloys, motor vehicles and electricity. Macedonia's most important trading partners are Germany, Serbia, Bulgaria, Russia and Greece (44.0% of the total international commodity trade).