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Foreign Trade Export – Import, January – February 2021

Matto
April07/ 2021

According to the previous data of the State Statistics Institute, the total value of goods exports from the Republic of North Macedonia in the January – February period of 2021 is 66 118 493 thousand US dollars, and has increased by 9.9% compared to the same period of 2020. The value of imported goods was 84 377 119 thousand US dollars in the same period, and it increased by 4.5% compared to the same period of the previous year.

Import coverage in Export for the period January – February 2021 was 78.4%.

January-February 2021, Republic of North Macedonia – Total Foreign Trade with the Republic of Turkey is 94 945 thousand US dollars and has increased by 9.1% compared to the same period of 2020. Exports to the Republic of Turkey increased by 48.2% compared to the same period of the year and reached 22 628 thousand US dollars. The total value of its imports is 73 317 thousand US dollars, increasing by 0.9%. Germany, England, Serbia, Greece, China, Bulgaria, Italy and Turkey. Turkey continues to be the 8th trade partner of the Republic of North Macedonia (RNM State Statistics Institute 07.04.2021).

Product trade shows that the largest share of exports are precious metals or compounds, sets of ignition conductors and the like, catalysts for vehicles, aircraft or ships, seat parts of subgroup 821.1 and carriers containing ferronickel. The most imported are unwrought or powdered platinum and platinum alloys, petroleum oils and oils derived from bituminous minerals (excluding crude), flat iron or alloy steel products, non-platinum or uncoated and other platinum group metals (in crude or powder form) and their alloys.

In the January-February 2021 period, the most traded Republic of North Macedonia was Germany, England, Serbia, Greece and China in terms of total foreign trade volume.

The total export value of the Republic of North Macedonia in January-February 2021 period was 1.301 104 thousand US dollars and increased by 21.1% compared to the same period of the previous year. In the same period, the value of imported goods increased by 15.1% compared to the same period of the previous year and reached US $ 1 659 766 thousand. The trade deficit in the January-February 2021 period reached 358 663 thousand US dollars.

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