Macedonia recorded a trade deficit of 202768 USD Thousands in November of 2019. Balance of Trade in Macedonia averaged -164026.28 USD Thousands from 1994 until 2019, reaching an all time high of -54372 USD Thousands in September of 2006 and a record low of -310800 USD Thousands in October of 2007.
Balance of Trade in Macedonia is expected to be -274000.00 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 2020, according to our econometric models.