Macedonia Exports Surge In November

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts
  • Risto the Great
    Senior Member
    • Sep 2008
    • 15658

    Macedonia Exports Surge In November

    Get the latest Economic news on the US and World Economy, Economic Indicators and more on RTTNews.


    (RTTNews) - Macedonia's exports climbed 32.4% year-on-year in November, the State Statistical Office said Tuesday.

    At the same time, import recorded only a marginal 2.2% rise from a year earlier. For exports, there was a 4% increase on a monthly basis, while imports edged up 0.1%.

    During the first eleven months of the year, exports expanded 22.6% compared to the same period in 2009. Meanwhile, imports recorded a 6.2% rise. The trade deficit for the period was US$1.85 billion.

    The most exported commodities during the eleven-month period were iron and steel products, clothes and ferro-nickel and petroleum oil preparations. Macedonia's major imports were crude petroleum oils, motor vehicles for transport of persons and electricity, the statistical office reported.

    Lion's share of the country's export trade was held by the European Union member countries and the West Balkan states.

    An IMF mission to the country had forecast 3% to 3.5% expansion for the economy this year supported by robust recovery in the country's major trading partners.
    A decent couple of statistics in anyone's books.
    A strong argument for non EU entry. All the benefits of dealing with its geographically close trading partners in Europe without the burdens of EU membership.
    Risto the Great
    MACEDONIA:ANHEDONIA
    "Holding my breath for the revolution."

    Hey, I wrote a bestseller. Check it out: www.ren-shen.com
  • Makedonetz
    Senior Member
    • Apr 2010
    • 1080

    #2
    Very good to see the stability of Macedonia and we dont need outside help. Hopefully these talks are nothing but greece blowing smoke out their assholes as usual lies.
    Makedoncite se borat
    za svoite pravdini!

    "The one who works for joining of Macedonia to Bulgaria,Greece or Serbia can consider himself as a good Bulgarian, Greek or Serb, but not a good Macedonian"
    - Goce Delchev

    Comment

    Working...
    X