You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

North Macedonia's Jan-July trade gap widens

North Macedonia's Jan-July trade gap widens Toshe Ognjanov/

SKOPJE (North Macedonia), September 12 (SeeNews) – North Macedonia's trade deficit rose to 68.3 billion denars ($1.2 billion/1.1 billion euro) in the first seven months of 2019, from 65.5 billion denars in the like period of 2018, the statistical office said on Thursday.

Exports increased by 14.5% on the year to 228.9 billion denars in January-July, while imports grew 12.0% to 297.3 billion denars, Makstat said in a statement.

Imports were 77.0% covered by exports in the period under review.

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

The country predominantly imported platinum alloys and petroleum oils.

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

(1 euro = 61.09 denars)