North Macedonia Net Trade (Goods & Services, BoP)
North Macedonia's net trade (goods & services, bop) rose to $-2.2 billion in 2024, up from $-2.06 billion in 2023, according to World Bank. This represents an increase of 6.9% ($141.15 million) from the previous year. North Macedonia has net trade (goods & services, bop) lower than the global median (-$2.20 billion vs median -$215.12 million). Compared with the median in Europe, North Macedonia is lower (-$2.20 billion vs regional median $1.60 billion) and ranks 33rd out of 44 countries in Europe.
Yearly Historical Data (1996-2024)
(in Billion USD)North Macedonia Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in North Macedonia, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.