Macedonia recorded a trade deficit of 125817 USD Thousands in May of 2020.
Balance of Trade in Macedonia averaged -164962.55 USD Thousands from 1994 until 2020, reaching an all time high of -54372 USD Thousands in September of 2006 and a record low of -320202 USD Thousands in December of 2019. This page provides the latest reported value for - Macedonia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Balance of Trade in Macedonia is expected to be -185000.00 USD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Macedonia to stand at -221000.00 in 12 months time. In the long-term, the Macedonia Balance of Trade is projected to trend around -222000.00 USD Thousands in 2021, according to our econometric models.