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Economy

2007-10-22 00:00

Major export products: iron and steel products, textile products, wine, fruit, vegetables, processed food

Principal export partners: Germany, Serbia, Greece, Italy, USA

Major import products: oil, vehicles, equipment

Principal import partners: Germany, Serbia, Ukraine, Greece, Russian Federation, Slovenia

Industries: electricity, crude oil processing, steel, metal refining, metal processing, buses, synthetic fibers, cigarettes, textiles, shoes, machinery, furniture

Mining: coal (lignite), zinc ore, lead ore, silicon ore, nickel ore, chromium ore, marble

Agriculture: principal crops (wheat, corn, sugar beet), rice, sunflower, tobacco, grapes, early-market garden vegetables (tomatoes, cucumbers, peppers, cabbage) Macedonia has propitious conditions for agriculture and is nearly self-sufficient in food production. Over 60,000 tractors are in use. The private sector accounts for over 80% of agricultural production.

Forestry (31.12.2005): Forests cover an area of 955,228 hectares, of which 857,805 is state property.

Enterprises (31.12.2005): 67,026 total

Structure by type of property: Private (63,973), Social (809), Mixed (769), Cooperative (1,436), State (39)

Structure by origin of capital: Domestic (64,164), Foreign (980), Mixed (1,882)

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