2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 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 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 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

Denmark-North Macedonia In 2022, Denmark exported $36.8M to North Macedonia. The main products that Denmark exported to North Macedonia are Packaged Medicaments ($14.3M), Metal Molds ($2.7M), and Electrical Control Boards ($1.17M). During the last 27 years the exports of Denmark to North Macedonia have increased at an annualized rate of 4.82%, from $10.3M in 1995 to $36.8M in 2022.

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

North Macedonia-Denmark In 2022, North Macedonia exported $40.3M to Denmark. The main products that North Macedonia exported to Denmark were Buses ($25.6M), Non-Knit Men's Shirts ($5.81M), and Other Small Iron Pipes ($2.3M). During the last 27 years the exports of North Macedonia to Denmark have increased at an annualized rate of 8.66%, from $4.27M in 1995 to $40.3M in 2022.

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

Comparison In 2022,  Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.16), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $36.8M to North Macedonia. The main products exported from Denmark to North Macedonia were Packaged Medicaments ($14.3M), Metal Molds ($2.7M), and Electrical Control Boards ($1.17M). During the last 27 years the exports of Denmark to North Macedonia have increased at an annualized rate of 4.82%, from $10.3M in 1995 to $36.8M in 2022.

In 2022, North Macedonia exported $40.3M to Denmark. The main products exported from North Macedonia to Denmark were Buses ($25.6M), Non-Knit Men's Shirts ($5.81M), and Other Small Iron Pipes ($2.3M). During the last 27 years the exports of North Macedonia to Denmark have increased at an annualized rate of 8.66%, from $4.27M in 1995 to $40.3M in 2022.

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

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

Latest Data

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

Denmark Exports

North Macedonia Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
North Macedonia
Top Destination
Germany$3.96B

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

In 2021, countries that imported more from Denmark than North Macedonia were Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2021, countries that imported more from North Macedonia than Denmark were Serbia ($800M), Bulgaria ($443M), and Greece ($683M).

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

Comparative Advantage Denmark - North Macedonia

Flow
Scale

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

During 2022, Denmark had a large net trade with North Macedonia in the exports of Chemical Products ($17M), Machines ($8.07M), and Foodstuffs ($2.87M).

During 2022, North Macedonia had a large net trade with Denmark in the exports of Transportation ($25.6M), Textiles ($6.21M), and Machines ($3.05M).

Economic Complexity

Competitive Landscape

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

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

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