Flag Germany / North Macedonia Flag

Exports Flag β†’ Flag  (2018): $1.37B, Rnk 66 / 216

Top Product Flag β†’ Flag (2018): $215M, Laboratory Ceramic Ware

Exports Flag β†’ Flag (2018): $3.27B, Rnk 1 / 132

Top Product Flag β†’ Flag (2018): $1.43B, Reaction and Catalytic Products

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

Economic Complexity of Flag (2018): ECI -0.071, Rnk 70 / 137

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 196

GDP Flag (2018): $12.7B, CURRENT US$
Rnk 134 / 196

GDP GROWTH Flag (2008-2018): 27.9%, CURRENT US$
Rnk 118 / 196

GDP PC Flag (2018): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 196

GDP PC Flag (2018): $6,084, CURRENT US$
Rnk 102 / 196

GDP PC GROWTH Flag (2008-2018): 26.9%, CURRENT US$
Rnk 91 / 196

Germany-North Macedonia: In 2018, Germany exported $1.37B to North Macedonia. The main products exported from Germany to North Macedonia were Laboratory Ceramic Ware ($215M), Industrial Fatty Acids, Oils and Alcohols ($122M), and Low-voltage Protection Equipment ($72.4M). During the last 23 years the exports of Germany to North Macedonia have increased at an annualized rate of 5.95%, from $363M in 1995 to $1.37B in 2018.

North Macedonia-Germany: In 2018, North Macedonia exported $3.27B to Germany. The main products exported from North Macedonia to Germany were Reaction and Catalytic Products ($1.43B), Centrifuges ($718M), and Insulated Wire ($303M). During the last 23 years the exports of North Macedonia to Germany have increased at an annualized rate of 11.8%, from $252M in 1995 to $3.27B in 2018.

Comparison: In 2018, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). That same year, North Macedonia ranked 70 in the Economic Complexity Index (ECI -0.071), and 100 in total exports ($7.57B). In terms of GDP Per Capita, Germany was ranked 18 with a GDP Per Capita of $47,603, and North Macedonia was ranked 102 with a GDP Per Capita of $6,084.

Bilateral Trade by Products

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Depth
Value

In 2018, Germany exported $1.37B to North Macedonia. The main products exported from Germany to North Macedonia were Laboratory Ceramic Ware ($215M), Industrial Fatty Acids, Oils and Alcohols ($122M), and Low-voltage Protection Equipment ($72.4M). During the last 23 years the exports of Germany to North Macedonia have increased at an annualized rate of 5.95%, from $363M in 1995 to $1.37B in 2018.

In 2018, North Macedonia exported $3.27B to Germany. The main products exported from North Macedonia to Germany were Reaction and Catalytic Products ($1.43B), Centrifuges ($718M), and Insulated Wire ($303M). During the last 23 years the exports of North Macedonia to Germany have increased at an annualized rate of 11.8%, from $252M in 1995 to $3.27B in 2018.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $132B

North Macedonia
Top Destination
: Germany, $3.27B

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

In 2018, countries that imported more from Germany than North Macedonia were United States ($132B), France ($121B), and China ($109B).

In 2018, no countries were registered that imported more from North Macedonia than from Germany.

Comparative Advantage Germany - North Macedonia

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Depth

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

During 2018, Germany had a large net trade with North Macedonia in the exports of Machines ($452M), Stone And Glass ($220M), and Chemical Products ($210M).

During 2018, North Macedonia had a large net trade with Germany in the exports of Chemical Products ($1.43B), Machines ($1.23B), and Textiles ($340M).

Tariff Section

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This sections shows import tariffs for products traded between Germany and North Macedonia (using the HS6 product classification and the last year reported).

In 2017, the products from Germany that paid the highest import tariffs to enter North Macedonia were Glucose including syrup of 20%-50% dry weight fructos (101%) and Bovine cuts boneless, frozen (73.7%).

In 2018, the products from North Macedonia that paid the highest import tariffs to enter Germany were Products of tobacco, substitute nes, extract, essence (60%) and Tobacco: smoking, water pipe tobacco as specified in Subheading Note 1 to this Chapter, whether or not containing tobacco substitutes in any proportion (52.5%).

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*The tariffs present between Germany and North Macedonia are:
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement
262: Preferential tariff for Macedonia

Trade Forecasts

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This section shows a forecast for total trade between Germany and North Macedonia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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