Foreign Trade Export – Import, January-June 2023
Foreign External trade, January – June 2023
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-June 2023 amounted to 261 984 271 thousand denars, a 3.7% increase compared to the same period last year. The value of imported goods in the same period was 341 219 188 thousand denars, or 7.4% less than the same period last year.
The trade deficit in the period January-June 2023 was 79 234 917 thousand denars.
Import coverage by export in the period January-June 2023 was 76.8%.
Commodity exchange expressed in US dollars
In the period January- June 2023, the Republic of North Macedonia has achieved total trade with R. Turkey in the value of 452 631 thousand US dollars which is by 14.5 % decreased compared to the same period in 2022. Of that, export to Turkey amounts to 105 227 thousand US dollars, which represents an increase of 5.1% compared to the same period in 2022. Imports decreased by 17.0% and amounted to 347 403 thousand US dollars. R. Turkey is the seventh trade partner of R.S. Macedonia, followed by Germany, Great Britain, Greece, Serbia, China, Bulgaria, and Turkey. (State Institute for Statistics of RNM, 04.08.2023).
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, the electricity and flat-rolled products of iron or non-alloy steel, not clad, plated or coated. 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 colloidal precious metals; compounds, inorganic or organic, of precious metals, whether or not chemically defined; amalgams of precious metals.
In the period January-June 2023, according to the total external trade volume, the most important trade partners of the Republic of North Macedonia were Germany, Great Britain, Greece, Serbia and China.
| External trade volume I-VI 2023 | Import coverage by export |
| 603 203 458 thousand denars | 76.8% |
| 9 789 481 thousand euros | 76.8% |
| 10 581 494 thousand US dollars | 76.8% |
The total value of exported goods from the Republic of North Macedonia in the period January-June 2023 amounted to 4 595 549 thousand US dollars, a 2.7% increase compared to the same period last year, while the value of imported goods in the same period was 5 985 944 thousand US dollars, or 8.4% less than the same period last year.
The trade deficit in the period January-June 2023 was 1 390 395 thousand US dollars.