In the period between January and March this year, North Macedonia had foreign trade in the amount of $4.6 billion. The total exports reached $2 billion, a growth of 29% compared to the same period last year. The value of the imported goods is $2.6 billion, which is 24.6% more compared to the first three months of 2020.
Thereby, the coverage of the import with export in the first three months of 2021 is 75.9% and the trade deficit is $635 million, announced the State Statistical Office.
Concerning the commodity exchange per product, the biggest share of the exports comes from the precious metal catalysts or their compounds, ignition conductors for cars, airplanes or ships, parts for seats, and the ferous nickel. Regarding the import, most of the goods imported are other metals from the platinum group and their alloys, raw or powdered, ceramic products for laboratory, chemical and industrial use, platinum and platinum alloys, raw or powder, naphthac oil and oils resulting from bituminous minerals.
During the first three months of 2021, North Macedonia’s largest trading partners were Germany, the United Kingdom, Greece, Serbia, and China.