Foreign Trade Export – Import, January -February 2022
According to previous data from the State Statistical Office, the total value of exports of goods from the Republic of North Macedonia in the period January – February 2022 amounted to 75 047 029 thousand denars and increased by 13.5% compared to the same period last year. The value of imported goods in the period January – February 2022 amounted to 110 320 659 thousand denars, which is 30.6% more compared to the same period last year.
The trade deficit in the period January – February 2022 amounted to 35 273 630 thousand denars. The coverage of import with export, in the period January – February 2022, was 68.0
Commodity exchange denominated in US dollars
In the period January – February 2022, RNM has realized a total trade exchange with R. Turkey worth 142 697 thousand US dollars, which is an increase of 48.7% compared to the same period in 2021. From that, export to R. Turkey is 34 449 thousand US dollars, which is an increase of 52.2% compared to the same period in 2021. Imports increased by 47.6% and amounted to 108,247 thousand US dollars. Р. Turkey’s seventh trading partner Macedonia, respectively Germany, Great Britain, Greece, Bulgaria, Serbia, China, Turkey and Italy. (State Statistical Office of RNM, 07.04.2022).
Trade in products shows that the largest share of exports are catalysts for carriers with precious metals or their compounds, sets of ignition conductors and the like, for vehicles, aircraft or ships, ferronickel and seat parts of subgroup 821.1. Electricity, other platinum group metals and their alloys, unwrought or in powder form, petroleum oils and oils obtained from bituminous minerals (other than crude) and platinum and platinum alloys, unwrought or in powder form, are the most common imports.
In the period January – February 2022, according to the total volume of foreign trade, the Republic of Northern Macedonia traded the most with Germany, Great Britain, Greece, Bulgaria and Serbia.
The total value of exports of goods from the Republic of North Macedonia, in the period January – February 2022, amounted to 1 378 489 thousand US dollars and increased by 5.9% compared to the same period last year. The value of imported goods in the same period amounted to 2,026,965 thousand US dollars, which is 22.0% more compared to the same period last year. The trade deficit in the period January – February 2022 is 648 476 thousand US dollars.