Angola (AGO) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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In N/A, Angola did not export any services to North Macedonia.

North Macedonia-Angola Trade: In N/A, North Macedonia exported $116k to Angola. The main products that North Macedonia exported to Angola were Non-Knit Men's Suits ($24.8k), Baked Goods ($18k), and Other Aluminium Products ($15.8k). Over the past N/A years the exports of North Macedonia to Angola have increased at an annualized rate of 10.5%, from $15.9k in N/A to $116k in N/A.

In N/A, North Macedonia did not export any services to Angola.

Comparison: In 2022, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Angola does not register exports to North Macedonia. The main products exported from Angola to North Macedonia were Polyacetals ($605k) and Motor vehicles; parts and accessories (8701 to 8705) ($402).

In 2017, North Macedonia exported $116k to Angola. The main products exported from North Macedonia to Angola were Non-Knit Men's Suits ($24.8k), Baked Goods ($18k), and Other Aluminium Products ($15.8k). During the last 5 years the exports of North Macedonia to Angola have increased at an annualized rate of 0.55%, from $146M in 2022 to $116k in 2017.

Exports from Angola () to North Macedonia () (2022)

Exports from North Macedonia () to Angola () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Angola than North Macedonia included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

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

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

Comparative Advantage Angola - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, North Macedonia had a large net trade with Angola in the exports of Textiles ($45.7k), Metals ($29.1k), and Foodstuffs ($18k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola North Macedonia+$4.57kPetroleum Gas

Top Product Potential North Macedonia Angola+$45.6kBaked Goods

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

Year

This visualization shows the product space at the HS4 level with the flags of Angola and North Macedonia. This means that a dot/product with the flag of Angola 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 Angola.

About

Historical Data

Bilateral Trade by Products

Exports from Angola () to North Macedonia () (2022)

Exports from North Macedonia () to Angola () (2022)

Market Competitiveness

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

Comparative Advantage Angola - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and North Macedonia () (2022)

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