North Macedonia: manufacture of textiles production value 2020

In 2020, the production value of the textile manufacturing industry in North Macedonia remained nearly unchanged at around 188.7 million euros. Still, 2020 marked the second consecutive decline of the production value in this industry.
The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.

Production value of the textile manufacturing sector in North Macedonia from 2012 to 2020 (in million euros)

Characteristic	Production value in million euros
2020p	188.7
2019	190.1
2018	194.9
2017	146.1
2015	87.9
2012	51.9

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Release date

March 2024

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Region

North Macedonia

Survey time period

2012 to 2020

Supplementary notes

p: Provisional value.
The source adds the following information: Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Data coverage corresponds to Section C13 of CE Rev. 2.

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