International Trade in Macedonia

International Trade in Macedonia

Macedonia is the poorest of the former Yugoslavian republics and it was not spared from the global economic crisis. Many companies have closed their doors or have reduced their number of employees, while the country lacks liquid assets. The diaspora has reduced its financial transfers into... Read more

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Import and Export Services in Macedonia (44)

  • Has Kaucuk

    Has Kaucuk

    B2B Marketing, Macedonia

    Being active as from 1995, HAS KAUÇUK A.Ş. continues its activities as leader of the sector with its expert technical staff and...
  • Heritage Destination Consulting Ltd

    Heritage Destination Consulting Ltd

    Tourism Consulting, Macedonia

    International Heritage Interpretation & Heritage Tourism Destination Consultants Heritage Destination Consulting...

Business Tips About Macedonia (2)

Agents and Distributors in Macedonia (6)

  • Spanish Food Prodespa, S.L.

    Spanish Food Prodespa, S.L.

    Export Management, Macedonia

    La comida española Prodespa reune, miembro En un canal de solista de ventas, La Más Amplia Gama de Productos con Los...
  • WATB

    WATB

    Business Start-Up Services, Macedonia

    WATB is a company specialized in the import - export of meat and meat products. In addition our team is composed of experts in the field...

Overview About International Trade in Macedonia

Main Industry Sectors

Macedonia has, in its majority, an agricultural economy.  The agricultural sector represents 12% of its GDP and employs 20% of its active population. It mainly produces rice, cotton, tobacco and fruits. Sheep and goat breeding is equally important. There are a few deposits of iron, copper and lead in the country.

The industrial sector includes chemical products, steel, machinery and textiles. The textile sector constitutes the main industry of the country, notably the leather industry.  Both, the manufacturing and the mining sectors contribute about 30% to the GDP.

The tertiary sector represents about 60% of the GDP and employs 50% of the active population. The main income sources come from transport, telecommunications and energy production.

 

Economic Overview

Macedonia is the poorest of the former Yugoslavian republics and it was not spared from the global economic crisis. Many companies have closed their doors or have reduced their number of employees, while the country lacks liquid assets. The diaspora has reduced its financial transfers into the country, and the citizens have been withdrawing their savings in Denars (MKD) fearing the devaluation of their natio...

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