North Macedonia’s trade deficit widened to $279 million in January 2025 from $246 million in the same month of the previous year.
Imports rose by 0.6% year-on-year to $878.5 million, mainly due to higher purchases of animal and vegetable oils, fats and waxes (35%), mineral fuels, lubricants and related materials (11.2%) and beverages and tobacco (9.6%).
However, purchases declined for crude materials, inedible, except fuels (-19.7%), miscellaneous manufactured articles (-10.4%) and machinery and transport equipment (-6.9%).
Meanwhile, exports declined by 0.2% from a year earlier to $599.3 billion, weighed down by lower sales of miscellaneous manufactured articles (-10.5%), chemicals and related products, n.e.s. (-10%), manufactured goods classified chiefly by material (-8.6%), and beverages and tobacco (-2.3%).
However, sales grew for mineral fuels, lubricants and related materials (56.8%), animal and vegetable oils, fats and waxes (31.9%), and food and live animals (10.2%).