FYR Macedonia: Import coverage by export at 61.8%.

According to the preliminary data of the State Statistical Office, the export value of goods in the FY Republic of Macedonia in the period January-November 2012 was 3 645 344 thousand US dollars, and the import value was 5 898 962 thousand US dollars.Import coverage by export was...

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FYR Macedonia: Import coverage by export at 61.8%.



Balkans.com Business News Correspondent - 09.01.2013

According to the preliminary data of the State Statistical Office, the export value of goods in the FY Republic of Macedonia in the period January-November 2012 was 3 645 344 thousand US dollars, and the import value was 5 898 962 thousand US dollars.

Import coverage by export was 61.8%. The trade deficit in the period January-November 2012 was 2 253 619 thousand US dollars.

The trade exchange according to products shows that in the exports the most significant products are supported catalysts with precious metal or precious metal compounds as the active substance, ferro-nickel, petroleum oil preparations, iron and steel products (flat-rolled products) and clothes. In the imports, the most significant products are platinum and platinum alloys, unwrought or in powder form, the crude petroleum oils, nickel ores and concentrates and electricity.

In the period January-November 2012, the most important export partners were the EU-27 countries (62.5%) and the West Balkan countries (24.6%), while the most important import partners were the EU-27 countries (58.9%) and the Developing countries (22.2%). According to the total volume of international commodity trade, the most important trade partners of the FY Republic of Macedonia are Germany, Greece, Serbia, Bulgaria and Italy (47.3% of the total international commodity trade).

Source: State Statistical Office


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