North Macedonia (MKD) and Greenland (GRL) Trade | The Observatory of Economic Complexity

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North Macedonia-Greenland Trade: In 2018, North Macedonia exported $11.3k to Greenland. The main products that North Macedonia exported to Greenland were N/A. Over the past 5 years the exports of North Macedonia to Greenland have decreased at an annualized rate of 25.7%, from $49.6k in 2013 to $11.3k in 2018.

In 2018, North Macedonia did not export any services to Greenland.

Greenland-North Macedonia Trade: In 2018, Greenland exported $65 to North Macedonia. The main products that Greenland exported to North Macedonia were N/A. Over the past 5 years the exports of Greenland to North Macedonia have decreased at an annualized rate of 52%, from $2.56k in 2013 to $65 in 2018.

In 2018, Greenland 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, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, North Macedonia exported $11.3k to Greenland. There were not main exports from North Macedonia to Greenland in 2018. During the last 5 years the exports of North Macedonia to Greenland have decreased at an annualized rate of 25.7%, from $49.6k in 2013 to $11.3k in 2018.

In 2014, Greenland exported $65 to North Macedonia. There were not main exports from Greenland to North Macedonia in 2014. During the last 5 years the exports of Greenland to North Macedonia have decreased at an annualized rate of 52%, from $2.56k in 2019 to $65 in 2014.

Exports from North Macedonia () to Greenland () (2019)

Exports from Greenland () to North Macedonia () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from North Macedonia than Greenland included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

In 2022, countries that imported more from Greenland than North Macedonia included Denmark ($731M), China ($353M), and Japan ($77M).

Difference in imports from Greenland () and North Macedonia () (2022)

Comparative Advantage North Macedonia - Greenland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, North Macedonia had a large net trade with Greenland in the exports of .

During 2014, Greenland had a large net trade with North Macedonia in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Greenland () (2019)

Exports from Greenland () to North Macedonia () (2019)

Market Competitiveness

Difference in imports from Greenland () and North Macedonia () (2022)

Comparative Advantage North Macedonia - Greenland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Greenland () (2019)

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