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-September 2023 amounted to 384 307 841 thousand denars, a 1.3% increase compared to the same period last year. The value of imported goods in the same period was 507 798 390 thousand denars, or 8.5% less than the same period last year.
The trade deficit in the period January-September 2023 was 123 490 549 thousand denars.
Import coverage by export in the period January-September 2023 was 75.7%.
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, electricity and flat-rolled products of iron or non-alloy steel, not clad, plated or coated. In the imports, the most significant products are 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, platinum and platinum alloys, unwrought or in powder form and colloidal precious metals; compounds, inorganic or organic, of precious metals, whether or not chemically defined; amalgams of precious metals.
In the period January-September 2023, according to the total external trade volume, the most important trade partners of the Republic of North Macedonia were Germany, Great Britain, Greece, China 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 the period January-September 2023 amounted to 6 240 474 thousand euros, a 1.4% increase compared to the same period last year, while the value of imported goods in the same period was 8 246 013 thousand euros, or 8.4% less than the same period last year. The trade deficit in the period January- September 2023 was 2 005 539 thousand euros.
The total value of exported goods from the Republic of North Macedonia in the period January-September 2023 amounted to 6 758 660 thousand US dollars, a 3.2% increase compared to the same period last year, while the value of imported goods in the same period was 8 933 760 thousand US dollars, or 6.7% less than the same period last year. The trade deficit in the period January-September 2023 was 2 175 100 thousand US dollars.