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Macedonia is situated in southeastern Europe and includes parts of six Balkan countries. Macedonia is adjoined with Kosovo, Serbia, Bulgaria, Greece, and Albania. The country owes its importance due to communication routes through the Seas and Rivers which are routes for trading. Macedonia covers a total area of 25,713 square kilometers.

Macedonia B2B marketplace has top manufacturers that produce export quality goods which are shipped across the world. The country also import products from other leading countries. According to the economy Complex Index, Macedonia ranks 99th bulkiest export economy in the world. Macedonia export goods worth $6.28 billion every year. The leading export commodities on online B2B platform are Centrifuges and Insulated Wires. The export harbors are Germany, Bulgaria, and Serbia which imports a large number of goods from Macedonia. Due to increasing population and the competition with others, the demands of the resident people inside Macedonia is increasing every year and the government is doing their best to fulfill them but as the country is not rich in all resources so it has import goods from other countries. Macedonia import goods worth $20.5 billion every year and the major imports are platinum, and Refined Petroleum whose main ancestors are the United Kingdom, Serbia, and Germany.

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Precious minerals like gold, iron ore, silver, copper ore, and manganese are the natural resources of Macedonia. Copper and gold are the ancient minerals and have been used in past cultures but now, copper is used in construction and in insulated wires. Coinage and electronics are made through gold. Macedonia has many gold and copper mines and still many mines are undiscovered. Lignite is considered as the major product for the production of electricity in the country and the total capacity of coal mines is 7 million tons per year.

Besides this, agriculture also plays an important role in the growth of economy of Macedonia. Agriculture is considered as the third largest sector and is contributing greatly to the exports of the country. Macedonia cultivates many crops like wheat, grapes, tobacco, and vegetables. Corn and barley are produces throughout the country but wheat farming is concentrated in the south central region only. There are many other agricultural products like tomatoes, sunflower seeds, walnuts, and sugar beets but grapes is among the major product and 32,000 tons of grapes is produced every year.

Macedonia has the largest forest in the Balkan and many other beautiful sceneries which attracts the tourists. The tourism results in bringing the foreign exchange to the country thus increasing the economy. The timber harvested in the forest is used as fuelwood and contributes in income of the country. The country has undergone many crisis but the economy is improving and is open which attracts the foreign traders. Macedonia has open economy and helps traders in doing trade with the country. Macedonia does not imposes taxes on the products which is considered as the main reason to attract many traders. Macedonia owes its importance due to communication routes through the Seas and Rivers which are routes for trading.

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To reach us for queries or suggestions you can email us round the clock on [email protected]. Or, dial +1-214-306-7737 to have a quick chat about how you can connect with top Macedonian manufacturers and become a well-known international business.
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