According to the preliminary data of the State Statistical Office, the total value of exported goods from the Republic of North Macedonia in January 2024 amounted to 33 935.0 million denars, an 11.4% decrease compared to the same period last year. The value of imported goods in the same period was 49 309.9 million denars, or 5.8% less than the same period last year.
The trade deficit in January 2024 was 15 374.9 million denars.
Import coverage by export in January 2024 was 68.8%.
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, flat-rolled products of iron or non-alloy steel, not clad, plated or coated and other supported catalysts. 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 electricity.
In January 2024, 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 2024 amounted to 550.6 million euros, an 11.4% decrease compared to the same period last year, while the value of imported goods in the same period was 800.2 million euros, or 5.8% less than the same period last year. The trade deficit in January 2024 was 249.6 million euros.
The total value of exported goods from the Republic of North Macedonia in January 2024 amounted to 600.5 million US dollars, a 10.6% decrease compared to the same period last year, while the value of imported goods in the same period was 873.0 million US dollars, or 4.8% less than the same period last year. The trade deficit in January 2024 was 272.5 million US dollars.