Discusses pricing formula and other fees, value-added tax (VAT), etc.

According to official February 2019 data, average monthly income in North Macedonia is 24,192 denars (per NBRNM May 2019 middle exchange rate: $ 440).  Consumers are extremely price sensitive.  Imported products tend to be priced substantially higher than locally produced goods.  Favorable financing may be a critical selling factor for big-ticket items.  An 18 percent value added tax (VAT) is charged on most goods and services.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.