2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
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 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 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

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.

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.

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

Company data: In 2023, leading companies such as were at the forefront of exporting goods from North Macedonia to the United States. Conversely, were notable for importing products to North Macedonia from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $154M in 2022.

In 2017, 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 2022 to $173M in 2017.

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

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

Market Competitiveness

Color
United States
Top Destination
Canada$308B
North Macedonia
Top Destination
Germany$3.96B

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

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

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

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

Comparative Advantage United States - North Macedonia

Flow
Scale

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

During 2022, 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).

During 2017, North Macedonia had a large net trade with United States in the exports of Transportation ($79.3M), Metals ($30.9M), and Foodstuffs ($25.6M).

Potential Exports

Potential Exports

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

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

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

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