According to the preliminary data of the State Statistical Office, the total value of exported goods from the Republic of Macedonia in the period January-December 2017 amounted to 308 341 881 thousand denars, a 15.6% increase compared to the same period last year. The value of imported goods in the same period was 420 245 581 thousand denars, or 11.7% more than the same period last year.
The trade deficit in the period January-December 2017 was 111 903 700 thousand denars.
Import coverage by export in the period January-December 2017 was 73.4%.
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, motor vehicles for the transport of 10 or more persons, including the driver, with compression-ignition internal combustion engine (diesel or semi-diesel) and clothes. In the imports, the most significant products are the platinum and platinum alloys, unwrought or in powder form, 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, not further worked than hot-rolled of a width of 600 mm or more, in coils.
In the period January-December 2017, according to the total external trade volume, the most important trade partners of the Republic of Macedonia were Germany, Great Britain, Greece, Serbia and Bulgaria.
| External trade volume I-XII 2017 |
Import coverage by export |
| 728 587 461 thousand denars |
73.4% |
| 11 832 112 thousand euros |
73.4% |
| 13 391 318 thousand US dollars |
73.5% |
External trade expressed in euros and US dollars
Expressed in euros, the total value of exported goods from the Republic of Macedonia in the period January-December 2017 amounted to 5 007 196 thousand euros, a 15.7% increase compared to the same period last year, while the value of imported goods in the same period was 6 824 916 thousand euros, or 11.8% more than the same period last year. The trade deficit in the period January-December 2017 was 1 817 720 thousand euros.
The total value of exported goods from the Republic of Macedonia in the period January-December 2017 amounted to 5 671 466
thousand US dollars, a 18.5% increase compared to the same period last year, while the value of imported goods in the same period was 7 719 852 thousand US dollars, or 14.2% more than the same period last year. The trade deficit in the period January-December 2017 was 2 048 386 thousand US dollars.