2022
Flag  
GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 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 
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 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

Indonesia-North Macedonia Trade: In 2022, Indonesia exported $20.6M to North Macedonia. The main products that Indonesia exported to North Macedonia were Palm Oil ($8.09M), Coal Briquettes ($5.94M), and Video Displays ($2.36M). Over the past 5 years the exports of Indonesia to North Macedonia have increased at an annualized rate of 64.7%, from $1.7M in 2017 to $20.6M in 2022.

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

North Macedonia-Indonesia Trade: In 2022, North Macedonia exported $5.67M to Indonesia. The main products that North Macedonia exported to Indonesia were Explosive Ammunition ($1.16M), Raw Tobacco ($277k), and Jams ($117k). Over the past 5 years the exports of North Macedonia to Indonesia have increased at an annualized rate of 300%,  from $5.53k in 2017 to $5.67M in 2022.

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

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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, Indonesia exported $20.6M to North Macedonia. The main products exported from Indonesia to North Macedonia were Palm Oil ($8.09M), Coal Briquettes ($5.94M), and Video Displays ($2.36M). During the last 5 years the exports of Indonesia to North Macedonia have increased at an annualized rate of 64.7%, from $1.7M in 2017 to $20.6M in 2022.

In 2017, North Macedonia exported $5.67M to Indonesia. The main products exported from North Macedonia to Indonesia were Explosive Ammunition ($1.16M), Raw Tobacco ($277k), and Jams ($117k). During the last 21 years the exports of North Macedonia to Indonesia have increased at an annualized rate of 300%, from $5.53k in 1996 to $5.67M in 2017.

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

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

Latest Data

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

Indonesia Exports

North Macedonia Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$67.7B
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Indonesia than North Macedonia included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2022, countries that imported more from North Macedonia than Indonesia included Serbia ($800M), Greece ($683M), and Bulgaria ($443M).

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

Comparative Advantage Indonesia - North Macedonia

Flow
Scale

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

During 2022, Indonesia had a large net trade with North Macedonia in the exports of Animal and Vegetable Bi-Products ($10M), Machines ($6.6M), and Mineral Products ($5.94M).

During 2017, North Macedonia had a large net trade with Indonesia in the exports of Weapons ($1.16M), Foodstuffs ($430k), and Machines ($67.1k).

Economic Complexity

Competitive Landscape

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

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

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