2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 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

Israel-North Macedonia Trade: In 2022, Israel exported $13.3M to North Macedonia. The main products that Israel exported to North Macedonia were Refined Petroleum ($3.99M), Liquid Dispersing Machines ($765k), and Styrene Polymers ($708k). Over the past 5 years the exports of Israel to North Macedonia have decreased at an annualized rate of 9.56%, from $22M in 2017 to $13.3M in 2022.

In 2007, Israel exported services to North Macedonia worth $655k, with Computer and information services ($652k) and Construction services ($3k) being the largest in terms of value.

North Macedonia-Israel Trade: In 2022, North Macedonia exported $8.06M to Israel. The main products that North Macedonia exported to Israel were Packing Bags ($2.32M), Prepared Cereals ($2.03M), and Non-Knit Active Wear ($534k). Over the past 5 years the exports of North Macedonia to Israel have increased at an annualized rate of 7.7%,  from $4.45M in 2017 to $8.06M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $13.3M to North Macedonia. The main products exported from Israel to North Macedonia were Refined Petroleum ($3.99M), Liquid Dispersing Machines ($765k), and Styrene Polymers ($708k). During the last 5 years the exports of Israel to North Macedonia have decreased at an annualized rate of 9.56%, from $22M in 2017 to $13.3M in 2022.

In 2017, North Macedonia exported $8.06M to Israel. The main products exported from North Macedonia to Israel were Packing Bags ($2.32M), Prepared Cereals ($2.03M), and Non-Knit Active Wear ($534k). During the last 5 years the exports of North Macedonia to Israel have increased at an annualized rate of 7.7%, from $4.45M in 2022 to $8.06M in 2017.

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

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

Latest Data

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

Israel Exports

North Macedonia Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Israel than North Macedonia included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2022, countries that imported more from North Macedonia than Israel included Germany ($3.96B), Serbia ($800M), and Bulgaria ($443M).

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

Comparative Advantage Israel - North Macedonia

Flow
Scale

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

During 2022, Israel had a large net trade with North Macedonia in the exports of Mineral Products ($3.99M), Machines ($2.62M), and Chemical Products ($2.26M).

During 2017, North Macedonia had a large net trade with Israel in the exports of Textiles ($2.93M), Foodstuffs ($2.53M), and Machines ($1.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel North Macedonia+$3.27MRefined Petroleum
Top Product Potential North Macedonia Israel+$476kInsulated Wire

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

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

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