North Macedonia (MKD) and Romania (ROU) Trade | The Observatory of Economic Complexity

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North Macedonia-Romania In 2022, North Macedonia exported $129M to Romania. The main products that North Macedonia exported to Romania are Seats ($20.6M), Hot-Rolled Iron ($12.2M), and Raw Iron Bars ($10.8M). During the last 27 years the exports of North Macedonia to Romania have increased at an annualized rate of 8.75%, from $13.4M in 1995 to $129M in 2022.

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

Romania-North Macedonia In 2022, Romania exported $252M to North Macedonia. The main products that Romania exported to North Macedonia were Hot-Rolled Iron ($65.3M), Insulated Wire ($21M), and Plastic Coated Textile Fabric ($14.1M). During the last 27 years the exports of Romania to North Macedonia have increased at an annualized rate of 10.8%, from $15.9M in 1995 to $252M in 2022.

In 2011, Romania exported services to North Macedonia worth $4.27M, with Services not allocated ($2.14M), Travel ($916k), and Communications services ($916k) being the largest in terms of value.

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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Macedonia exported $129M to Romania. The main products exported from North Macedonia to Romania were Seats ($20.6M), Hot-Rolled Iron ($12.2M), and Raw Iron Bars ($10.8M). During the last 27 years the exports of North Macedonia to Romania have increased at an annualized rate of 8.75%, from $13.4M in 1995 to $129M in 2022.

In 2022, Romania exported $252M to North Macedonia. The main products exported from Romania to North Macedonia were Hot-Rolled Iron ($65.3M), Insulated Wire ($21M), and Plastic Coated Textile Fabric ($14.1M). During the last 27 years the exports of Romania to North Macedonia have increased at an annualized rate of 10.8%, from $15.9M in 1995 to $252M in 2022.

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

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

Latest Data

Trade between North Macedonia () and Romania ()

North Macedonia Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Romania
Top DestinationGermany$18.8B

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

In 2021, countries that imported more from North Macedonia than Romania were Montenegro ($40.3M), Rwanda ($956k), and Democratic Republic of the Congo ($1.24M).

In 2021, countries that imported more from Romania than North Macedonia were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage North Macedonia - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Macedonia had a large net trade with Romania in the exports of Metals ($47.2M), Miscellaneous ($23.5M), and Machines ($20.9M).

During 2022, Romania had a large net trade with North Macedonia in the exports of Metals ($71.2M), Machines ($44.4M), and Textiles ($38.6M).

Service Trade

Bilateral Service Trade

Rou Year

2011

2010

In 2011, Romania exported services to North Macedonia worth $4.27M, with Services not allocated ($2.14M), Travel ($916k), and Communications services ($916k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania () to North Macedonia () (2011)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more North Macedonia has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over North Macedonia.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Romania ()

North Macedonia Exports

Romania Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Romania

Service Trade

Bilateral Service Trade

Services Exports from Romania () to North Macedonia () (2011)

Economic Complexity

Competitive Landscape

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

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