North Macedonia: Trade balance, in dollars

* indicates monthly or quarterly data series
 North Macedonia

Trade balance, billion USD

 Latest value -2.00
 Year 2023
 Measure billion U.S. dollars
 Data availability 1996 - 2023
 Average -1.49
 Min - Max -2.88 - -0.46
 Source The World Bank
For that indicator, we provide data for North Macedonia from 1996 to 2023. The average value for North Macedonia during that period was -1.49 billion U.S. dollars with a minimum of -2.88 billion U.S. dollars in 2022 and a maximum of -0.46 billion U.S. dollars in 1999. The latest value from 2023 is -2 billion U.S. dollars. For comparison, the world average in 2023 based on 112 countries is 6.39 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
North Macedonia - Trade balance, in dollars - Recent values chart

Historical chart
North Macedonia - Trade balance, in dollars - historical chart - 1996-2023




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

Are trade deficits bad for the economy?

The unholy trinity of international finance

Most commonly used measures of corruption

All articles



 Related indicators Latest value Reference Measure
 Terms of trade 87.86 2021 percent
 Trade openness 170.67 2022 percent
 Financial openness -0.042 2021 index points
 Exports, percent of GDP 74.89 2022 percent
 Exports, billion dollars 10.75 2023 billion U.S. dollars
 Growth of exports 13.39 2022 percent
 Imports, percent of GDP 95.92 2022 percent
 Imports, billion dollars 12.74 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 6.30 2022 percent
 Foreign Direct Investment, billion dollars 0.85 2022 billion U.S. dollars
 Portfolio investment inflows, equities -0.48 2023 million dollars (current)
 Current account, percent of GDP -6.74 2022 percent
 Current account, in dollars 0.10 2023 billion U.S. dollars
 Trade balance, percent of GDP -21.03 2022 percent
 Trade balance, in dollars -2.00 2023 billion U.S. dollars
 Reserves 4.12 2022 billion U.S. dollars
 Remittances, percent of GDP 3.36 2022 percent
 Remittances 456.31 2022 million U.S. dollars
 Net errors and omissions 73.35 2023 million USD
 External debt 89.26 2022 percent
 Short-term external debt 16.98 2022 percent
 Short-term debt to reserves 47.70 2022 percent
 Foreign exchange reserves 3.90 9/2023 billion
This site uses cookies.
Learn more here


OK