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FX.co ★ North Macedonia Trade Deficit Widens in February

North Macedonia Trade Deficit Widens in February

North Macedonia’s trade deficit widened to $422 million in February 2026, up from $349 million in the same month a year earlier. Imports increased by 25% year-on-year to $1,282 million, while exports grew by 26.9% to $860 million.

Over the January–February period, the country’s trade deficit amounted to $731 million. Imports rose 16.2% from a year earlier, reaching $2,214 million, largely driven by higher purchases of food and live animals (13.9%), chemicals and related products (14%), manufactured goods (26.8%), machinery and transport equipment (11.9%), and miscellaneous manufactured articles (18.9%).

During the same period, exports increased 16.1% to $1,483 million, supported by stronger sales of food and live animals (8.7%), chemicals and related products (32.2%), manufactured goods (6.1%), machinery and transport equipment (10.4%), and miscellaneous manufactured articles (13.5%).

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