North Macedonia balance of trade
North Macedonia balance of trade: -309500 (13.58%)
Last Update: February 29, 2024
Last Update: February 29, 2024
North Macedonia balance of trade closed down -309500 as of February 29, 2024 from -272500 from the previous month and -210003 from last year.
North Macedonia balance of trade Analytics & Data
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North Macedonia balance of trade
| Date | Values |
|---|---|
| 2024-02-29 | -309500 |
| 2024-01-31 | -272500 |
| 2023-12-31 | -328505 |
| 2023-11-30 | -291484 |
| 2023-10-31 | -222797 |
| 2023-09-30 | -338000 |
| 2023-08-31 | -338000 |
| 2023-07-31 | -222804 |
| 2023-06-30 | -261338 |
| 2023-05-31 | -234771 |
| 2023-04-30 | -214334 |
| 2023-03-31 | -221969 |
| 2023-02-28 | -210003 |
| 2023-01-31 | -246152 |
| 2022-12-31 | -384144 |
| 2022-11-30 | -288309 |
| 2022-10-31 | -32701 |
| 2022-09-30 | -341310 |
| 2022-08-31 | -355613 |
| 2022-07-31 | -272004 |
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North Macedonia balance of trade Statistics
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | mk.balanceoftrade | -291484 | -222797 | 31 | 1 | Down | Down | 42 | 2023-11-30 |
North Macedonia balance of trade Factors
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What is the North Macedonia balance of trade
Welcome to our webpage showcasing the North Macedonia balance of trade. We provide you with current and historical data, trends and signals, analytics, and charts to help you interpret the country's trade performance.The balance of trade, also known as trade balance, measures the difference between a country's exports and imports of goods and services over a specified period. It is an essential indicator of a nation's economic health and its participation in global trade.
A positive balance of trade, also known as a trade surplus, occurs when exports exceed imports. This indicates that North Macedonia is exporting more goods and services than it is importing, which can have positive effects on the economy. It can lead to increased employment, economic growth, and a strengthening of the local currency.
Conversely, a negative balance of trade, or trade deficit, happens when imports exceed exports. This suggests that North Macedonia is importing more goods and services than it is exporting, leading to potential negative consequences such as currency depreciation and a drain on foreign reserves.
By analyzing the current and historical data, trends, and signals provided on this page, you can gain insights into North Macedonia's trade patterns and performance. Our analytics and charts help you visualize the country's export and import trends over time, identify potential growth areas, and monitor changes in trade balance.
Additionally, we offer the option to export the historical data for free, enabling you to conduct further analysis and integrate it into your own research and reports.
To further enhance your understanding, we provide MacroVar signals, trends, and analysis. These tools utilize advanced algorithms to detect macroeconomic patterns, predict trends, and offer valuable insights into the future direction of North Macedonia's balance of trade.
Whether you are an investor, researcher, student, or simply interested in North Macedonia's trade dynamics, our webpage equips you with the tools necessary to interpret, analyze, and make informed decisions based on the country's balance of trade data. Explore the available information today and stay ahead of the curve!
North Macedonia Financial Markets
| Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | mk.balanceoftrade | -291484 | -222797 | 31 | 1 | Down | Down | 42 | 2023-11-30 |
| banks balance sheet | mk.banks.bs | 854098 | 859792 | -1 | 7 | UP | UP | 34 | 2024-03-31 |
| building permits | mk.buildingpermits | 387 | 256 | 51 | 10 | UP | UP | 61 | 2024-02-29 |
| business confidence | mk.bizconfidence | 24.4 | 24.7 | -1 | -10 | Down | Down | 34 | 2022-12-31 |
| central bank balance sheet | mk.cb.assets | 314996 | 317980 | -1 | 8 | UP | UP | 49 | 2024-03-31 |
| consumer price index cpi | mk.cpi | 150.93 | 149.6 | 1 | 4 | UP | UP | 57 | 2024-03-31 |
| current account | mk.currentaccount | -121.8 | 260.8 | -147 | 125 | Down | Down | 85 | 2023-10-31 |
| current account to gdp | mk.currentaccountgdp | -1.4 | -5.9 | -76 | -44 | UP | UP | 0 | 2023-01-31 |
| deposit interest rate | mk.depositrate | 3.9 | 3.9 | 0 | 875 | UP | UP | 89 | 2023-07-31 |
| exports | mk.exports | 788837 | 605139 | 30 | 5 | UP | UP | 50 | 2023-09-30 |
| external debt | mk.externaldebt | 11462.7 | 11076.2 | 3 | 34 | UP | UP | 61 | 2023-12-31 |
| fiscal expenditure | mk.fiscalexp | 28859 | 26948 | 7 | 12 | Down | UP | 61 | 2024-03-31 |
| gdp | mk.gdp | 13.88 | 12.12 | 15 | 48 | UP | UP | 0 | 2021-01-31 |
| Real GDP | mk.realgdp | 233043 | 215062 | 8 | 24 | UP | UP | 85 | 2023-12-31 |
| gdp growth annual | mk.gdpgrowthan | 0.9 | 1 | -10 | -229 | Down | UP | 12 | 2023-12-31 |
| gold reserves | mk.goldres | 6.89 | 6.89 | 0 | 0 | Down | Down | 32 | 2021-06-30 |
| government budget | mk.govbudget | -4.8 | -4.5 | 7 | 26 | Down | Down | 0 | 2024-01-31 |
| Government budget | mk.govbudgetvalue | -5666 | -5500 | 3 | -364 | Down | Down | 10 | 2024-03-31 |
| government debt | mk.govdebt | 7256.2 | 6936.4 | 5 | 32 | UP | UP | 0 | 2023-12-31 |
| government debt to gdp | mk.govdebtgdp | 50 | 51 | -2 | 81 | UP | UP | 0 | 2023-01-31 |
| government revenues | mk.govrev | 23193 | 21448 | 8 | -17 | Down | Down | 5 | 2024-03-31 |
| imports | mk.imports | 1011630 | 943139 | 7 | -8 | UP | Down | 11 | 2023-09-30 |
| industrial production | mk.indproduction | 0.3 | 2.8 | -89 | -113 | Down | UP | 47 | 2024-01-31 |
| inflation cpi | mk.inflationcpi | 4 | 3 | 33 | -69 | Down | Down | 25 | 2024-04-30 |
| interest rate | mk.interestrate | 6 | 6 | 0 | 140 | UP | UP | 84 | 2023-07-31 |
| lending rate | mk.lendingrate | 6.5 | 6.5 | 0 | 117 | UP | UP | 84 | 2023-07-31 |
| long term unemployment rate | mk.ltunemploymentrate | 12.5 | 12.4 | 1 | -18 | Down | Down | 0 | 2021-03-31 |
| money supply m0 | mk.msm0 | 49336.4 | 48597.4 | 2 | 9 | UP | UP | 57 | 2024-03-31 |
| money supply m1 | mk.msm1 | 251411 | 254577 | -1 | 11 | UP | UP | 37 | 2024-03-31 |
| money supply m2 | mk.msm2 | 466962 | 472471 | -1 | 6 | UP | UP | 22 | 2024-03-31 |
| Producer Price Index | mk.producerprices | 113.6 | 113.2 | 0 | -19 | Down | Down | 4 | 2024-03-31 |
| PPI Index | mk.producerpricesch | -2.2 | -2.9 | -24 | -121 | Down | Down | 25 | 2024-02-29 |
| retail sales yoy | mk.retailsalesan | 4.8 | -2.9 | -266 | -245 | UP | UP | 17 | 2024-02-29 |
| unemployment rate | mk.unemploymentrate | 13 | 12.8 | 2 | -19 | Down | Down | 40 | 2023-12-31 |
| Construction sector | mk.esi.constr | -11.5 | -15.3 | -25 | -7 | UP | UP | 40 | 2023-06-30 |
| Consumer sector | mk.esi.cons | -25.9 | -26.8 | -3 | -38 | UP | UP | 13 | 2023-06-30 |
| Manufacturing sector | mk.esi.man | -2.5 | -0.3 | 733 | -53 | Down | UP | 0 | 2023-06-30 |
| Retail sector | mk.esi.ret | 3 | -1.7 | -276 | -127 | UP | UP | 28 | 2023-06-30 |
| Services sector | mk.esi.serv | 16.4 | 16.5 | -1 | 865 | UP | UP | 100 | 2023-06-30 |
| ESI - Economic Composite | mk.esi.conf | 89.4 | 87.6 | 2 | 14 | Down | UP | 83 | 2022-02-28 |