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-December 2021 amounted to 426 637 967 thousand denars, a 19.7 % increase compared to the same period last year. The value of imported goods in the same period was 594 023 223 thousand denars, or 26.8 % more than the same period last year.
The trade deficit in the period January-December 2021 was 167 385 256 thousand denars.
Import coverage by export in the period January-December 2021 was 71.8 %.
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-December 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-December 2021 amounted to 6 922 573 thousand euros, a 19.8 % increase compared to the same period last year, while the value of imported goods in the same period was 9 638 290 thousand euros, or 26.9 % more than the same period last year. The trade deficit in the period JanuaryDecember 2021 was 2 715 716 thousand euros.
The total value of exported goods from the Republic of North Macedonia in the period January-December 2021 amounted to 8 188 221 thousand US dollars, a 23.4 % increase compared to the same period last year, while the value of imported goods in the same period was 11 389 548 thousand US dollars, or 30.8 % more than the same period last year. The trade deficit in the period January-December 2021 was 3 201 327 thousand US dollars.