MACEDONIA'S TRADE EXCHANGE MARKS DRASTIC INCREASE
Macedonia's trade exchange in January 2007 marked a drastic increase compared with January 2006.
According to the latest data of the State Statistical Office, the increase is proportional in both export and import operations. The volume of exchange of goods in January 2007 totaled $517.249 million. 38.2% accounts for exports and 61.8% to imports. The overall trade exchange in the same period in 2006 totaled $311.531 million. The trade deficit in January 2007 reached over $122 million.
"Largest portion of exported goods in January 2007 were placed to EU market (70.0%), followed by Western Balkan's countries (27.0%), while most of imported goods came in from EU member-countries (49.7%) and the developing countries (33.3%)", an announcement says.
Products classified according to the material take up most of exported goods (48.0%) followed by ready-made products (24.0%), while in imports, the products classified according to the material lead the way with 29.9% ahead of the mineral fuels and lubricants (22.7%) also and machines and transportation vehicles (15.9%) in importing sector.