• Friday, 05 July 2024

Exports up by 3.8 percent, imports down by 7.0 percent in January-July period: statistics

Exports up by 3.8 percent, imports down by 7.0 percent in January-July period: statistics

Skopje, 7 September 2023 (MIA) – The total value of exported goods from North Macedonia in the January-July 2023 period amounted to EUR 4.9 billion, a 3.8 percent increase compared to the same period last year, while the value of imported goods in the same period was EUR 6.4 billion, or 7.0 percent less than the same period last year. The trade deficit in the period January-July 2023 was EUR 1.4 billion, said the State Statistical Office in a press release Thursday.

According to the State Statistical Office, 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 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 January-July period of 2023, North Macedonia’s most important trade partners in terms of the total external trade volume were Germany, Great Britain, Greece, Serbia and China.