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2022
Flag → Flag
Exports $173MRnk 11 / 155
2022
Flag → Flag
Top Product $71.5MBuses
2022
Flag → Flag
Exports $154MRnk 143 / 219
2022
Flag → Flag
Top Product $30.7MLaboratory Ceramic Ware
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

North Macedonia-United States Trade: In 2022, North Macedonia exported $173M to United States. The main products that North Macedonia exported to United States were Buses ($71.5M), Ferroalloys ($27.4M), and Raw Tobacco ($14.5M). Over the past 5 years the exports of North Macedonia to United States have decreased at an annualized rate of 5.37%, from $228M in 2017 to $173M in 2022.

In 2022, North Macedonia did not export any services to United States.

United States-North Macedonia Trade: In 2022, United States exported $154M to North Macedonia. The main products that United States exported to North Macedonia were Laboratory Ceramic Ware ($30.7M), Electric Batteries ($10.4M), and Petroleum Coke ($7.18M). Over the past 5 years the exports of United States to North Macedonia have decreased at an annualized rate of 1.24%,  from $163M in 2017 to $154M in 2022.

In 2022, United States did not export any services to North Macedonia.

Comparison: In 2022,  North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $173M to United States. The main products exported from North Macedonia to United States were Buses ($71.5M), Ferroalloys ($27.4M), and Raw Tobacco ($14.5M). During the last 5 years the exports of North Macedonia to United States have decreased at an annualized rate of 5.37%, from $228M in 2017 to $173M in 2022.

In 2017, United States exported $154M to North Macedonia. The main products exported from United States to North Macedonia were Laboratory Ceramic Ware ($30.7M), Electric Batteries ($10.4M), and Petroleum Coke ($7.18M). During the last 5 years the exports of United States to North Macedonia have decreased at an annualized rate of 1.24%, from $163M in 2022 to $154M in 2017.

Exports from North Macedonia (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to North Macedonia (Flag) (2022)

Latest Data

Trade between North Macedonia (Flag) and United States (Flag)

North Macedonia Exports

United States Exports

Market Competitiveness

Color
North Macedonia
Top DestinationGermany$3.96B
United States
Top DestinationCanada$308B

This map shows whether countries import more from North Macedonia or United States. Each country is colored based on the difference in imports they receive from North Macedonia and United States or the difference in the growth in imports.

In 2022, countries that imported more from North Macedonia than United States included Serbia ($800M) and Albania ($115M).

In 2022, countries that imported more from United States than North Macedonia included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - United States

Flow
Scale

This chart compares trade between North Macedonia and United States by product, considering products traded by both, North Macedonia and United States.

During 2022, North Macedonia had a large net trade with United States in the exports of Transportation ($79.3M), Metals ($30.9M), and Foodstuffs ($25.6M).

During 2017, United States had a large net trade with North Macedonia in the exports of Machines ($36.3M), Stone And Glass ($31M), and Chemical Products ($22.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia United States+$18.5MCentrifuges
Top Product Potential United States North Macedonia+$8.52MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of North Macedonia and United States. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over North Macedonia.

Product Space of North Macedonia (Flag) and United States (Flag) (2022)

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