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-October 2021 amounted to 352 182 547 thousand denars, a 22.7% increase compared to the same period last year. The value of imported goods in the same period was 480 735 673 thousand denars, or 27.6% more than the same period last year.
The trade deficit in the period January-October 2021 was 128 553 126 thousand denars.
Import coverage by export in the period January-October 2021 was 73.3%.
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, petroleum oils and oils obtained from bituminous minerals (other than crude), platinum and platinum alloys, unwrought or in powder form and ceramic wares for laboratory, chemical or other technical uses.
In the period January-October 2021, 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 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-October 2021 amounted to 5 715 539 thousand euros, a 22.8% increase compared to the same period last year, while the value of imported goods in the same period was 7 801 755 thousand euros, or 27.8% more than the same period last year. The trade deficit in the period January-October 2021 was 2 086 215 thousand euros.
The total value of exported goods from the Republic of North Macedonia in the period January-October 2021 amounted to 6 816 423 thousand US dollars, a 29.0% increase compared to the same period last year, while the value of imported goods in the same period was 9 302 587 thousand US dollars, or 34.4% more than the same period last year. The trade deficit in the period January-October 2021 was 2 486 164 thousand US dollars.