• Today is: Saturday, August 13, 2022

Foreign Trade, January – May 2021

Matto
July06/ 2021

According to the previous data of the State Statistical Office, the total value of exports of goods from the Republic of North Macedonia, in the period January – May 2021, amounted to 174 113 282 thousand denars and increased by 44.2% compared to the same period last year. The value of imported goods in the period January – May 2021 amounted to 236 309 609 thousand denars, which is 39.5% more compared to the same period last year.

Import coverage by export, in the period January – May 2021, amounted to 73.7%.

In the period January – May 2021, North Macedonia has realized a total trade exchange with R. Turkey in the amount of 280 536 thousand US dollars, which is an increase of 45.2% compared to the same period in 2020. From that, export to R. Turkey is 59 557 thousand US dollars, which is an increase of 77.4% compared to the same period in 2020. Imports increased by 38.4% and amounted to 220 995 thousand US dollars. R. Turkey’s eighth trading partner Macedonia, respectively Germany, Great Britain, Serbia, Greece, China, Bulgaria, Italy and Turkey. (State Statistical Office of RNM, 6.07.2021).

Trade by products shows that the largest share in exports is the catalysts of carriers with precious metals or their compounds, sets of ignition conductors and the like, for vehicles, aircraft or ships, seat parts of subgroup 821.1 and ferronickel. Imports include mostly other platinum group metals and their alloys, unwrought or in powder form, ceramic products for laboratory, chemical and industrial use, platinum and platinum alloys, unwrought or in powder form, and petroleum oils and oils obtained from bituminous minerals (except raw).

In the period January – May 2021, according to the total volume of foreign trade, the Republic of Northern Macedonia traded the most with Germany, Great Britain, Serbia, Greece and China.

Commodity exchange denominated in US dollars

The total value of exports of goods from the Republic of North Macedonia, in the period January – May 2021, amounted to 3,403,779 thousand US dollars and increased by 58.2% compared to the same period last year. The value of imported goods in the same period amounted to 4 618 021 thousand US dollars, which is 52.9% more compared to the same period last year. The trade deficit in the period January – May 2021 is 1 214 242 thousand US dollars.

Share