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N. Macedonia's trade gap widens in H1

N. Macedonia's trade gap widens in H1 Source: Pixabay

SKOPJE (N. Macedonia), August 5 (SeeNews) - North Macedonia's trade deficit rose to 115.8 billion denars ($1.92 billion/1.88 billion euro) in the first half of 2022, from 76 billion denars in the same period of last year, the country's statistical office said on Friday.

Exports increased 20.3% on the year to 252.7 billion denars in the January-June period, while imports grew 28.7% to 368.5 billion denars, Makstat said in a statement.

North Macedonia's exports mainly consisted of supported catalysts with precious metal or precious metal compounds as an active substance, ignition wiring sets and other wiring sets used in motor vehicles, aircraft or ships, and ferronickel.

The country predominantly imported petroleum and oils obtained from bituminous minerals (other than crude), metals of the platinum group, electricity and colloidal precious metals.

North Macedonia's main trading partners in the January-June period were Germany, the UK, Greece, Serbia and Bulgaria.

(1 euro = 61.61 denars)

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