North Macedonia’s trade deficit narrowed to $295 million in November 2025 from $303 million in the same month of the previous year.
Exports climbed 14.8% year-on-year to $797 million, while imports rose at a slower pace of 9.5% to $1,093 million.
In the January to November period, the country’s trade deficit reached $3,503 million.
Imports increased 7.7% compared to the corresponding period a year earlier to $11,837 million, primarily driven by higher purchases of products classified by material (9.9%), chemical and related products (7.8%), and mineral fuels, lubricants and related products (1.7%).
Meanwhile, exports rose at a more moderate pace of 6.4% to $8,333 million, mainly due to stronger sales of machinery and transport equipment (15.3%).
However, exports of chemical and related products declined (–2%).