North Macedonia's net trade in goods (current US$, BoP) was −US$3.8 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 88.25% from −US$2.02 billion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$3.8 billion | 2025 |
| Five years earlier | −US$2.06 billion | 2020 |
| Ten years earlier | −US$2.02 billion | 2015 |
| Highest | −US$429.16 million | 1996 |
| Lowest | −US$3.8 billion | 2025 |
| Average since 2016 | −US$2.67 billion | 2016–2025 |
| First recorded | −US$429.16 million |
What the numbers say
In 2025, North Macedonia's net trade in goods (current US$, BoP) fell US$463.32 million on 2024 (from −US$3.34 billion to −US$3.8 billion).
Across the 28 yearly changes before that (1997 to 2024), the average change was −US$103.81 million and a typical year strayed about US$400.67 million from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$818.43 million in 2023 and the biggest yearly fall was US$966.77 million in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about US$209.04 million a year. A straight line explains 78% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, North Macedonia had the 86th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to North Macedonia in the 2025 ranking
What this measures
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 30 values
| Year | Net trade in goods (current US$, BoP) |
|---|---|
| 2025 | -3,799,054,573 |
| 2024 | -3,335,732,365 |
| 2023 | -2,849,828,467 |
| 2022 | -3,668,257,298 |
| 2021 | -2,751,019,822 |
| 2020 | -2,060,197,288 |
| 2019 | -2,181,776,374 |
| 2018 | -2,054,503,479 |
| 2017 | -2,013,912,134 |
| 2016 | -2,008,761,582 |
Net trade in goods (current US$, BoP) in nearby economies
- Albania — −US$6.75 billion (2025)
- Armenia — −US$3.85 billion (2025)
- Austria — US$5.73 billion (2025)
- Azerbaijan — US$6.38 billion (2025)
- Belarus — −US$5.48 billion (2025)
- Belgium — US$6.19 billion (2025)
- Bosnia and Herzegovina — −US$6.68 billion (2025)
- Bulgaria — −US$10.57 billion (2025)
- Croatia — −US$21.93 billion (2025)
- Cyprus — −US$8.03 billion (2025)
- Czechia
More economic policy & debt data for North Macedonia
- Adjusted savings, education expenditure (% of GNI) — 3.27% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- General government final consumption expenditure (current US$) — US$3.13 billion (2025)
- General government final consumption expenditure (current LCU) — 171.08 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$1.83 billion (2025)
- General government final consumption expenditure (constant LCU) — 69.05 billion (2025)
- General government final consumption expenditure (% of GDP) — 16.39% (2025)
- Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $)
Reading data like this
Questions people ask
- What is North Macedonia's net trade in goods (current US$, BoP)?
- −US$3.8 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1996?
- It is down 785.23% from −US$429.16 million in 1996. The highest value was −US$429.16 million in 1996 and the lowest −US$3.8 billion in 2025.
- How does North Macedonia rank?
- 86th highest of 136 economies with data for 2025.
- Is the latest change in net trade in goods (current US$, BoP) unusual for North Macedonia?
- In 2025, North Macedonia's net trade in goods (current US$, BoP) fell US$463.32 million on 2024 (from −US$3.34 billion to −US$3.8 billion). Across the 28 yearly changes before that (1997 to 2024), the average change was −US$103.81 million and a typical year strayed about US$400.67 million from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BN.GSR.MRCH.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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