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

About

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

North Macedonia-Angola Trade: In N/A, North Macedonia exported $422k to Angola. The main products that North Macedonia exported to Angola were Recovered Paper Pulp ($237k), Iron Fasteners ($36.4k), and Other Iron Products ($31.1k). Over the past N/A years the exports of North Macedonia to Angola have increased at an annualized rate of 190%, from $2.08k in N/A to $422k in N/A.

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

Comparison In 2023, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B). That same year, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

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 Other Measuring Instruments ($2.12k) and Electrical Control Boards ($707).

In 2018, North Macedonia exported $422k to Angola. The main products exported from North Macedonia to Angola were Recovered Paper Pulp ($237k), Iron Fasteners ($36.4k), and Other Iron Products ($31.1k). During the last 5 years the exports of North Macedonia to Angola have increased at an annualized rate of 190%, from $2.08k in 2023 to $422k in 2018.

Exports from Angola () to North Macedonia () (2023)

Exports from North Macedonia () to Angola () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$17.1B

North Macedonia
Top DestinationGermany$4B

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 2023, countries that imported more from Angola than North Macedonia included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

In 2023, countries that imported more from North Macedonia than Angola included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

Difference in imports from North Macedonia () and Angola () (2023)

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 2018, North Macedonia had a large net trade with Angola in the exports of Paper Goods ($237k), Metals ($96.9k), and Textiles ($55.6k).

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 () (2023)

Exports from North Macedonia () to Angola () (2023)

Market Competitiveness

Difference in imports from North Macedonia () and Angola () (2023)

Comparative Advantage Angola - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and North Macedonia () (2023)

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