2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC 
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

North Macedonia-Turkmenistan Trade: In 2016, North Macedonia exported $54.7k to Turkmenistan. The main products that North Macedonia exported to Turkmenistan were N/A. Over the past 5 years the exports of North Macedonia to Turkmenistan have decreased at an annualized rate of 15.4%, from $126k in 2011 to $54.7k in 2016.

In 2016, North Macedonia did not export any services to Turkmenistan.

Turkmenistan-North Macedonia Trade: In 2016, Turkmenistan exported $849k to North Macedonia. The main products that Turkmenistan exported to North Macedonia were Nitrogenous Fertilizers ($617k), Packing Bags ($83.7k), and Non-Retail Pure Cotton Yarn ($71.1k). Over the past 5 years the exports of Turkmenistan to North Macedonia have increased at an annualized rate of 63.6%,  from $72.4k in 2011 to $849k in 2016.

In 2016, Turkmenistan 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, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, North Macedonia exported $54.7k to Turkmenistan. There were not main exports from North Macedonia to Turkmenistan in 2016. During the last 5 years the exports of North Macedonia to Turkmenistan have decreased at an annualized rate of 15.4%, from $126k in 2011 to $54.7k in 2016.

In 2017, Turkmenistan exported $849k to North Macedonia. The main products exported from Turkmenistan to North Macedonia were Nitrogenous Fertilizers ($617k), Packing Bags ($83.7k), and Non-Retail Pure Cotton Yarn ($71.1k). During the last 5 years the exports of Turkmenistan to North Macedonia have increased at an annualized rate of 63.6%, from $72.4k in 2022 to $849k in 2017.

Exports from North Macedonia (Flag) to Turkmenistan (Flag) (2022)

Exports from Turkmenistan (Flag) to North Macedonia (Flag) (2022)

Latest Data

Trade between North Macedonia (Flag) and Turkmenistan (Flag)

North Macedonia Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Turkmenistan
Top Destination
China$8.88B

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

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

In 2022, countries that imported more from Turkmenistan than North Macedonia included China ($8.88B), Uzbekistan ($664M), and Turkey ($884M).

Difference in imports from Turkmenistan (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - Turkmenistan

Flow
Scale

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

During 2016, North Macedonia had a large net trade with Turkmenistan in the exports of .

During 2017, Turkmenistan had a large net trade with North Macedonia in the exports of Chemical Products ($617k), Textiles ($168k), and Plastics and Rubbers ($63.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Turkmenistan+N/AN/A
Top Product Potential Turkmenistan North Macedonia+N/AN/A

N/A

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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 Turkmenistan. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Turkmenistan. Similarly, a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over North Macedonia.

Product Space of North Macedonia (Flag) and Turkmenistan (Flag) (2022)

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