North Macedonia's trade deficit rose to a total of 80.2 billion denars

North Macedonia's trade deficit rose to a total of 80.2 billion denars

North Macedonia's trade deficit rose to a total of 80.2 billion denars ($1.4 billion/1.3 billion euro) in the first four months of the year, from 49.6 billion denars in the same period of 2021, the country's statistical office said.

Exports increased 15.2% on the year to 161.7 billion denars in the January-April period, while imports grew 27.3% to 241.9 billion denars, Makstat said in a statement on Tuesday.

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.

The country predominantly imported petroleum oils and oils obtained from bituminous mineral, metals of the platinum group and alloys electricity and colloidal precious metals.

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

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