2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$8,624CURRENT US$
Rnk 92 / 196
2013-2023
Flag
GDP PC GROWTH
53.3%CURRENT US$
Rnk 42 / 195

About

China-North Macedonia Trade: In 2023, China exported $1.06B to North Macedonia. The main products that China exported to North Macedonia were Semiconductor Devices ($123M), Broadcasting Equipment ($70.5M), and Hot-Rolled Iron ($70.4M). Over the past 5 years the exports of China to North Macedonia have increased at an annualized rate of 15.4%, from $518M in 2018 to $1.06B in 2023.

In 2023, China did not export any services to North Macedonia.

North Macedonia-China Trade: In 2023, North Macedonia exported $123M to China. The main products that North Macedonia exported to China were Ferroalloys ($43.6M), Marble, Travertine and Alabaster ($34.8M), and Electric Motors ($15.5M). Over the past 5 years the exports of North Macedonia to China have increased at an annualized rate of 9.68%,  from $77.4M in 2018 to $123M in 2023.

In 2023, North Macedonia did not export any services to China.

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). 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
Value

In 2023, China exported $1.06B to North Macedonia. The main products exported from China to North Macedonia were Semiconductor Devices ($123M), Broadcasting Equipment ($70.5M), and Hot-Rolled Iron ($70.4M). During the last 5 years the exports of China to North Macedonia have increased at an annualized rate of 15.4%, from $518M in 2018 to $1.06B in 2023.

In 2018, North Macedonia exported $123M to China. The main products exported from North Macedonia to China were Ferroalloys ($43.6M), Marble, Travertine and Alabaster ($34.8M), and Electric Motors ($15.5M). During the last 5 years the exports of North Macedonia to China have increased at an annualized rate of 9.68%, from $77.4M in 2023 to $123M in 2018.

Exports from China (Flag) to North Macedonia (Flag) (2023)

Exports from North Macedonia (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
North Macedonia
Top Destination
Germany$4B

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

In 2023, countries that imported more from China than North Macedonia included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from North Macedonia than China included Saint Pierre and Miquelon ($31.3k) and Saint Martin ($6.21k).

Difference in imports from North Macedonia (Flag) and China (Flag) (2023)

Comparative Advantage China - North Macedonia

Flow
Scale

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

During 2023, China had a large net trade with North Macedonia in the exports of Machines ($592M), Metals ($144M), and Textiles ($79.5M).

During 2018, North Macedonia had a large net trade with China in the exports of Metals ($44.3M), Mineral Products ($40.7M), and Machines ($28.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China North Macedonia+$39.6MTelephones
Top Product Potential North Macedonia China+$17.6MMotor vehicles; parts and accessories (8701 to 8705)

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 China and North Macedonia. This means that a dot/product with the flag of China 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 China.

Product Space of China (Flag) and North Macedonia (Flag) (2023)

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