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-July 2024 amounted to 281 196.9 million denars, a 7.7% decrease compared to the same period last year. The value of imported goods in the same period was 399 528.3 million denars or 0.8% more than the same period last year.
The trade deficit in the period January-July 2024 was 118 331.3 million denars.
Import coverage by export in the period January-July 2024 was 70.4%.
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 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 the motor vehicles for the transport of persons, n.e.s..
In the period January-July 2024, 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-July 2024 amounted to 4 567.7 million euros, a 7.7% decrease compared to the same period last year, while the value of imported goods in the same period was 6 489.9 million euros, or 0.8% more than the same period last year. The trade deficit in the period January-July 2024 was 1 922.3 million euros.
The total value of exported goods from the Republic of North Macedonia in the period January-July 2024 amounted to 4 939.7 million US dollars, a 7.9% decrease compared to the same period last year, while the value of imported goods in the same period was 7 018.7 million US dollars, or 0.6% more than the same period last year. The trade deficit in the period January-July 2024 was 2 079.0 million US dollars.