How much does North Macedonia trade with the United States?

In 2010, total trade between North Macedonia and the United States was $116.6 million, and in the first 8 months of 2011 it was $65 million. U.S. meat, mainly poultry, and electrical machinery and equipment have been particularly attractive to North Macedonia importers.

What goods are exported from North Macedonia to the United States?

U.S. meat, mainly poultry, and electrical machinery and equipment have been particularly attractive to North Macedonia importers. Principal exports from North Macedonia to the United States are tobacco, apparel, iron, and steel.

What is North Macedonia known for?

The country has been home to mines since at least the Roman era. Gold, silver, lead, copper, iron, nickel, zinc, gypsum and sulfur have been or are now being economically exploited. Marble has since Ancient Greek days been quarried at Sivec. North Macedonia remains committed to pursuing membership in the European Union (EU) and NATO.

What is North Macedonia's credit line?

This program gives North Macedonia a line of credit worth 475 million euros (about $675 million) over 2 years, intended to be accessed only in case of need brought about by external shocks. The credit line was approved after extensive consultations with the IMF in October and December 2010.

What is the economy of North Macedonia?

North Macedonia's economy has almost always been completely agricultural in nature from the beginning of the Ottoman Empire when it was part of the Sanjak of Üsküp and Salonica vilayet. It concentrated on pasture farming and vineyard growing.

What currency is used in North Macedonia?

All values, unless otherwise stated, are in US dollars. The economy of North Macedonia has become more liberalized, with an improved business environment, since its independence from Yugoslavia in 1991, which deprived the country of its key protected markets and the large transfer payments from Belgrade.