Balance of trade in goods and services fell 6.41% to MKD -125 bil in Macedonia in 2024, according to the National Statistical Office.
Historically, balance of trade in goods and services in Macedonia reached an all time high of MKD 0.117 bil in 1992 and an all time low of MKD -168 bil in 2022. When compared to Macedonia's main peers, balance of trade in goods and services in Albania amounted to ALL -173 bil, BGN 4.72 bil in Bulgaria, EUR -12.7 bil in Greece and EUR -3.13 bil in Kosovo in 2024.
Macedonia has been ranked 87th within the group of 130 countries we follow in terms of balance of trade in goods and services, 31 places above the position seen 10 years ago.
Balance of Trade In Goods and Services (Local Currency) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Albania | ALL bil | -224 | -231 | -239 | -249 | -222 | ||||||||||||||||
Bulgaria | BGN bil | 2.93 | 4.00 | 3.06 | 3.47 | 1.88 | ||||||||||||||||
Greece | EUR bil | -3.57 | -2.72 | -12.4 | -13.8 | -20.0 | ||||||||||||||||
Kosovo | EUR bil | -1.88 | -1.91 | -2.18 | -2.53 | -2.91 | ||||||||||||||||
Macedonia | MKD bil | -82.4 | -95.3 | -85.0 | -115 | -168 | ||||||||||||||||
Montenegro | EUR bil | -1.11 | -1.05 | -1.47 | -0.959 | -1.35 | ||||||||||||||||
Romania | RON bil | -33.6 | -44.9 | -47.0 | -67.4 | -95.9 | ||||||||||||||||
Serbia | RSD bil | -435 | -547 | -468 | -504 | -779 | ||||||||||||||||
Turkey | TRY bil | -5.60 | 128 | -157 | 29.4 | -601 |