2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 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

Ireland-North Macedonia Trade: In 2022, Ireland exported $26.5M to North Macedonia. The main products that Ireland exported to North Macedonia were Scented Mixtures ($7.12M), Packaged Medicaments ($3.33M), and Industrial Fatty Acids, Oils and Alcohols ($3.19M). Over the past 5 years the exports of Ireland to North Macedonia have increased at an annualized rate of 3.48%, from $22.3M in 2017 to $26.5M in 2022.

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

North Macedonia-Ireland Trade: In 2022, North Macedonia exported $4.36M to Ireland. The main products that North Macedonia exported to Ireland were Knit T-shirts ($735k), Seats ($651k), and Electrical Transformers ($361k). Over the past 5 years the exports of North Macedonia to Ireland have increased at an annualized rate of 8.27%,  from $2.93M in 2017 to $4.36M in 2022.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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, Ireland exported $26.5M to North Macedonia. The main products exported from Ireland to North Macedonia were Scented Mixtures ($7.12M), Packaged Medicaments ($3.33M), and Industrial Fatty Acids, Oils and Alcohols ($3.19M). During the last 5 years the exports of Ireland to North Macedonia have increased at an annualized rate of 3.48%, from $22.3M in 2017 to $26.5M in 2022.

In 2017, North Macedonia exported $4.36M to Ireland. The main products exported from North Macedonia to Ireland were Knit T-shirts ($735k), Seats ($651k), and Electrical Transformers ($361k). During the last 5 years the exports of North Macedonia to Ireland have increased at an annualized rate of 8.27%, from $2.93M in 2022 to $4.36M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Ireland than North Macedonia included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

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

Comparative Advantage Ireland - North Macedonia

Flow
Scale

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

During 2022, Ireland had a large net trade with North Macedonia in the exports of Chemical Products ($16.1M), Foodstuffs ($3.88M), and Machines ($3.72M).

During 2017, North Macedonia had a large net trade with Ireland in the exports of Textiles ($2.16M), Miscellaneous ($1.04M), and Machines ($691k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland North Macedonia+$4.25MPackaged Medicaments
Top Product Potential North Macedonia Ireland+$928kSeats

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

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

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