12 December 2011

Macedonia has a Trade Surplus with Belgium

Belgium is one of rare countries with which Macedonia generates trade surplus.
According to the latest statistical data, the surplus amounted to USD 50 million in 2010 and USD 14 million in the first nine months of this year.
In terms of the total trade with the EU, trade with Belgium accounts for 4 percent. According to the Macedonian State Statistical Office, Macedonia exports tobacco, vegetables, ferronickel, textile products and sugar to Belgium.
On the other hand, motor vehicles, oils, iron, steel and plastic products are imported from Belgium.

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