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Theme: Foreign Trade


External trade, January - June 2020

06.08.2020


According to the preliminary data of the State Statistical Office, the total value of exported goods from the Republic of North Macedonia in the period January-June 2020 amounted to 151 054 307 thousand denars, an 22.2 % decrease compared to the same period last year.

The value of imported goods in the same period was 206 239 277 thousand denars, or 17.9 % less than the same period last year.

The trade deficit in the period January-June 2020 was 55 184 970 thousand denars. Import coverage by export in the period January-June 2020 was 73.2%.

The external trade by products shows that in the exports the most significant products are supported catalysts with precious metal or precious metal compounds as the active substance, ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships, parts of the seats of subgroup 821.1 and motor vehicles for the transport of 10 or more persons, including the driver, with compressionignition internal combustion engine (diesel or semi-diesel). In the imports, the most significant products are the platinum and platinum alloys, unwrought or in powder form, petroleum oils and oils obtained from bituminous minerals (other than crude), flat-rolled products of iron or non-alloy steel, not clad, plated or coated and other metals of the platinum group and alloys thereof, unwrought or in powder form.

In the period January-June 2020, according to the total external trade volume, the most important trade partners of the Republic of North Macedonia were Germany, Great Britain, Serbia, Greece and Bulgaria.

External trade expressed in euros and US dollars

Expressed in euros, the total value of exported goods from the Republic of North Macedonia in the period January-June 2020 amounted to 2 450 294 thousand euros, an 22.3% decrease compared to the same period last year, while the value of imported goods in the same period was 3 345 444 thousand euros, or 18.1% less than the same period last year. The trade deficit in the period January-June 2020 was 895 150 thousand euros.

The total value of exported goods from the Republic of North Macedonia in the period January-June 2020 amounted to 2 705 623    thousand US dollars, a 24.0 % decrease compared to the same period last year, while the value of imported goods in the same period was 3 691 475 thousand US dollars, or 20.0% less than the same period last year. The trade deficit in the period January-June 2020 was 985 852  thousand US dollars.






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