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Theme: Foreign Trade


External trade, January – November 2019

08.01.2020


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-November 2019 amounted to 364 084 193 thousand denars, a 10.0% increase compared to the same period last year. The value of imported goods in the same period was 471 749 075 thousand denars, or 9.4% more than the same period last year.

The trade deficit in the period January- November 2019 was 107 664 882 thousand denars.

Import coverage by export in the period January- November 2019 was 77.2%.

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

In the period January- November 2019, 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 Italy.

Expressed in euros, the total value of exported goods from the Republic of North Macedonia in the period January- November 2019 amounted to 5 919 619 thousand euros, a 10.0% increase compared to the same period last year, while the value of imported goods in the same period was 7 670 226 thousand euros, or 9.4% more than the same period last year. The trade deficit in the period January- November 2019 was 1 750 608 thousand euros.

The total value of exported goods from the Republic of North Macedonia in the period January- November 2019 amounted to 6 627 763 thousand US dollars, a 4.2% increase compared to the same period last year, while the value of imported goods in the same period was 8 589 760 thousand US dollars, or 3.5% more than the same period last year. The trade deficit in the period January- November 2019 was 1 961 997 thousand US dollars.






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