Macedonia, country, Europe: Economy

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Encyclopedia—Macedonia, country, Europe

Economy

The poorest of the former Yugoslavian republics, Macedonia has a mostly agricultural economy. Wine grapes, tobacco, vegetables, grains, and cotton are grown, and sheep and goats are raised. Iron, copper, and lead are mined. There is agricultural processing and the manufacture of textiles, chemicals, iron, steel, and pharmaceuticals. Exports include processed foods, tobacco, textiles, and iron and steel. The main imports are machinery, automobiles, chemicals, fuels, and foodstuffs. Macedonia's chief trading partners are Serbia, Germany, Greece, and Russia.

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Central & Eastern Europe: Macedonia - Bridge Building In The Balkans - Societe Generale Has Added To Its Balkan Synergies With The Purchase Of Macedonia's Ohridska Banka - But Local Banks Are Efficient And Profits Are By No Means A Certainty. Eric Jansson.(Societe Generale Alsacienne de Banque) (The Banker)

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