N. Macedonia's H1 trade gap widens

Trade

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North Macedonia's trade deficit rose to a total of MKD 76 billion (EUR 1.2 billion) in the first half of 2021, from MKD 55.2 billion in the same period of 2020, the country's statistical office said on Thursday.

Exports increased 39.1% to MKD 210.1 billion in the H1, while imports grew 38.7% to MKD 286.1 billion. North Macedonia's exports mainly consisted of supported catalysts with precious metal or precious metal compounds as the active substance, ignition wiring sets and other wiring sets used in motor vehicles, aircraft or ships, and ferronickel.

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