2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 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 
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 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

Belarus-North Macedonia Trade: In 2022, Belarus exported $4.51M to North Macedonia. The main products that Belarus exported to North Macedonia were Hot-Rolled Iron Bars ($2.24M), Iron Wire ($883k), and Insulated Wire ($618k). Over the past 5 years the exports of Belarus to North Macedonia have increased at an annualized rate of 17.4%, from $2.03M in 2017 to $4.51M in 2022.

In 2014, Belarus exported services to North Macedonia worth $2.98k, with Insurance services ($1.98k) and Government services, n.i.e. ($1k) being the largest in terms of value.

North Macedonia-Belarus Trade: In 2022, North Macedonia exported $1.87M to Belarus. The main products that North Macedonia exported to Belarus were Pitted Fruits ($951k), Low-voltage Protection Equipment ($332k), and Other Fruits ($199k). Over the past 5 years the exports of North Macedonia to Belarus have decreased at an annualized rate of 43.3%,  from $31.9M in 2017 to $1.87M in 2022.

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

Comparison: In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). 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, Belarus exported $4.51M to North Macedonia. The main products exported from Belarus to North Macedonia were Hot-Rolled Iron Bars ($2.24M), Iron Wire ($883k), and Insulated Wire ($618k). During the last 5 years the exports of Belarus to North Macedonia have increased at an annualized rate of 17.4%, from $2.03M in 2017 to $4.51M in 2022.

In 2017, North Macedonia exported $1.87M to Belarus. The main products exported from North Macedonia to Belarus were Pitted Fruits ($951k), Low-voltage Protection Equipment ($332k), and Other Fruits ($199k). During the last 5 years the exports of North Macedonia to Belarus have decreased at an annualized rate of 43.3%, from $31.9M in 2022 to $1.87M in 2017.

Exports from Belarus (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to Belarus (Flag) (2022)

Latest Data

Trade between Belarus (Flag) and North Macedonia (Flag)

Belarus Exports

North Macedonia Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Belarus than North Macedonia included China ($1.6B), Ukraine ($1.29B), and Poland ($933M).

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

Difference in imports from North Macedonia (Flag) and Belarus (Flag) (2022)

Comparative Advantage Belarus - North Macedonia

Flow
Scale

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

During 2022, Belarus had a large net trade with North Macedonia in the exports of Metals ($3.16M), Machines ($637k), and Miscellaneous ($184k).

During 2017, North Macedonia had a large net trade with Belarus in the exports of Vegetable Products ($1.16M), Machines ($489k), and Paper Goods ($132k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus North Macedonia+$578kInsulated Wire
Top Product Potential North Macedonia Belarus+$239kLow-voltage Protection Equipment

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Belarus (Flag) and North Macedonia (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with