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Macedonia's 5-mo trade gap widens - table

Macedonia's 5-mo trade gap widens - table Author: M.Crozet. License: Attribution 2.0 Generic.

SKOPJE (Macedonia), July 4 (SeeNews) - Macedonia's trade deficit widened 5% year-on-year to 45.9 billion denars ($849.5 million/746.9 million euro) in the first five months of the year, the statistical office, Makstat, said on Tuesday.

Exports in the five-month period rose 15% on the year to 121 billion denars, while imports grew by 12% to 167 billion denars, Makstat said in a statement.

In May alone, Macedonian exports increased 21% to 26.4 billion denars, whereas imports added 13% to 37 billion denars.

Details follow (in billions of denars unless otherwise stated):

  Jan-May'17 y/y pct change May y/y pct change
Exports 121 14.9 26.4 20.6
Imports 167 12.0 37 13.0

Macedonia exports mainly supported catalysts, ignition wiring sets and other wiring sets used in motor vehicles, aircraft or ships, as well as ferro-nickel and clothes.

The country imports platinum and platinum alloys, petroleum oils and oils obtained from bituminous minerals, and electricity.

Macedonia's main trading partners in the January-May period were Germany and Britain.

(1 euro = 61.52 denars)