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Theme: Foreign Trade


External trade, January - August 2021

07.10.2021


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-August 2021 amounted to 281 080 557 thousand denars, a   31.4% increase compared to the same period last year. The value of imported goods in the same period was 385 119 088  thousand denars, or 33.8% more than the same period last year.

The trade deficit in the period January-August 2021 was 104 038 531 thousand denars.

Import coverage by export in the period January-August 2021 was 73.0%.

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 ferronickel. In the imports, the most significant products are other metals of the platinum group and alloys thereof, unwrought or in powder form, ceramic wares for laboratory, chemical or other technical uses, platinum and platinum alloys, unwrought or in powder form and petroleum oils and oils obtained from bituminous minerals (other than crude).

 In the period January-August 2021, according to the total external trade volume, the most important trade partners of the Republic of North Macedonia were Germany, Great Britain, Greece Serbia, and China.

 

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-August 2021 amounted to 4 562 214 thousand euros, a 31.5% increase compared to the same period last year, while the value of imported goods in the same period was 6 250 832  thousand euros, or 34.0% more than the same period last year. The trade deficit in the period January-August 2021 was 1 688 617 thousand euros.

The total value of exported goods from the Republic of North Macedonia in the period January-August 2021 amounted to 5 467 938 thousand US dollars, a 40.6% increase compared to the same period last year, while the value of imported goods in the same period was 7 490 189 thousand US dollars, or 43.3% more than the same period last year. The trade deficit in the period January-August 2021 was 2 022 251 thousand US dollars.






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