According to the preliminary data of the State Statistical Office, the total value of exported goods from the Republic of North Macedonia in January 2022 amounted to 33 687 553 thousand denars, a 3.7 % increase compared to the same period last year. The value of imported goods in the same period was 49 762 020 thousand denars, or 29.5 % more than the same period last year.
The trade deficit in January 2022 was 16 074 468 thousand denars.
Import coverage by export in January 2022 was 67.7 %.
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, ferro-nickel and parts of the seats of subgroup 821.1. In the imports, the most significant products are the electricity, petroleum oils and oils obtained from bituminous minerals (other than crude), other metals of the platinum group and alloys thereof, unwrought or in powder form and flat-rolled products of iron or non-alloy steel, not clad, plated or coated.
In January 2022, according to the total external trade volume, the most important trade partners of the Republic of North Macedonia were Germany, Great Britain, Greece, Bulgaria and Serbia.
External trade expressed in euros and US dollars
Expressed in euros, the total value of exported goods from the Republic of North Macedonia in January 2022 amounted to 546 045 thousand euros, a 3.6 % increase compared to the same period last year, while the value of imported goods in the same period was 806 610 thousand euros, or 29.3 % more than the same period last year. The trade deficit in January 2022 was 260 565 thousand euros.
The total value of exported goods from the Republic of North Macedonia in January 2022 amounted to 618 118 thousand US dollars, a 3.6 % decrease compared to the same period last year, while the value of imported goods in the same period was 913 303 thousand US dollars, or 20.4 % more than the same period last year. The trade deficit in January 2022 was 295 185 thousand US dollars.