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2022
Flag → Flag
Exports $15.1MRnk 159 / 219
2022
Flag → Flag
Top Product $3.38MAudio Alarms
2022
Flag → Flag
Exports $6.38MRnk 44 / 155
2022
Flag → Flag
Top Product $1.19MRaw Tobacco
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186

About

United Arab Emirates-North Macedonia Trade: In 2022, United Arab Emirates exported $15.1M to North Macedonia. The main products that United Arab Emirates exported to North Macedonia were Audio Alarms ($3.38M), Aluminium Wire ($3.34M), and Broadcasting Equipment ($3.21M). Over the past 5 years the exports of United Arab Emirates to North Macedonia have increased at an annualized rate of 15.6%, from $7.31M in 2017 to $15.1M in 2022.

In 2022, United Arab Emirates did not export any services to North Macedonia.

North Macedonia-United Arab Emirates Trade: In 2022, North Macedonia exported $6.38M to United Arab Emirates. The main products that North Macedonia exported to United Arab Emirates were Raw Tobacco ($1.19M), Electric Batteries ($632k), and Knit T-shirts ($574k). Over the past 5 years the exports of North Macedonia to United Arab Emirates have increased at an annualized rate of 4.79%,  from $3.47M in 2017 to $6.38M in 2022.

In 2022, North Macedonia did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). 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
Value

In 2022, United Arab Emirates exported $15.1M to North Macedonia. The main products exported from United Arab Emirates to North Macedonia were Audio Alarms ($3.38M), Aluminium Wire ($3.34M), and Broadcasting Equipment ($3.21M). During the last 5 years the exports of United Arab Emirates to North Macedonia have increased at an annualized rate of 15.6%, from $7.31M in 2017 to $15.1M in 2022.

In 2017, North Macedonia exported $6.38M to United Arab Emirates. The main products exported from North Macedonia to United Arab Emirates were Raw Tobacco ($1.19M), Electric Batteries ($632k), and Knit T-shirts ($574k). During the last 5 years the exports of North Macedonia to United Arab Emirates have increased at an annualized rate of 4.79%, from $3.47M in 2022 to $6.38M in 2017.

Exports from United Arab Emirates (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and North Macedonia (Flag)

United Arab Emirates Exports

North Macedonia Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from United Arab Emirates than North Macedonia included India ($51B), Japan ($40.9B), and China ($32.5B).

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

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

Comparative Advantage United Arab Emirates - North Macedonia

Flow
Scale

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

During 2022, United Arab Emirates had a large net trade with North Macedonia in the exports of Machines ($7.13M), Metals ($3.55M), and Plastics and Rubbers ($2.29M).

During 2017, North Macedonia had a large net trade with United Arab Emirates in the exports of Textiles ($1.85M), Machines ($1.74M), and Foodstuffs ($1.64M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates North Macedonia+$3.01MTelephones
Top Product Potential North Macedonia United Arab Emirates+$1.36MInsulated Wire

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 Arab Emirates and North Macedonia. This means that a dot/product with the flag of United Arab Emirates 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 Arab Emirates.

Product Space of United Arab Emirates (Flag) and North Macedonia (Flag) (2022)

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