2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 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

Italy-North Macedonia In 2022, Italy exported $399M to North Macedonia. The main products that Italy exported to North Macedonia are Machinery Having Individual Functions ($12.1M), Packaged Medicaments ($10.9M), and Coffee ($8.56M). During the last 27 years the exports of Italy to North Macedonia have increased at an annualized rate of 0.21%, from $377M in 1995 to $399M in 2022.

In 2009, Italy exported services to North Macedonia worth $45.3M, with Services not allocated ($22.6M), Travel ($14.9M), and Transportation ($4.47M) being the largest in terms of value.

North Macedonia-Italy In 2022, North Macedonia exported $307M to Italy. The main products that North Macedonia exported to Italy were Hot-Rolled Iron ($40.9M), Other Heating Machinery ($37.4M), and Electric Batteries ($31.1M). During the last 27 years the exports of North Macedonia to Italy have increased at an annualized rate of 2.33%, from $165M in 1995 to $307M in 2022.

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

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). 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, Italy exported $399M to North Macedonia. The main products exported from Italy to North Macedonia were Machinery Having Individual Functions ($12.1M), Packaged Medicaments ($10.9M), and Coffee ($8.56M). During the last 27 years the exports of Italy to North Macedonia have increased at an annualized rate of 0.21%, from $377M in 1995 to $399M in 2022.

In 2022, North Macedonia exported $307M to Italy. The main products exported from North Macedonia to Italy were Hot-Rolled Iron ($40.9M), Other Heating Machinery ($37.4M), and Electric Batteries ($31.1M). During the last 27 years the exports of North Macedonia to Italy have increased at an annualized rate of 2.33%, from $165M in 1995 to $307M in 2022.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
North Macedonia
Top Destination
Germany$3.96B

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

In 2021, countries that imported more from Italy than North Macedonia were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2019, no countries were registered that imported more from North Macedonia than from Italy.

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

Comparative Advantage Italy - North Macedonia

Flow
Scale

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

During 2022, Italy had a large net trade with North Macedonia in the exports of Machines ($99.9M), Metals ($49.9M), and Textiles ($40.2M).

During 2022, North Macedonia had a large net trade with Italy in the exports of Metals ($120M), Machines ($74.2M), and Plastics and Rubbers ($20.7M).

Service Trade

Bilateral Service Trade

Ita Year

In 2009, Italy exported services to North Macedonia worth $45.3M, with Services not allocated ($22.6M), Travel ($14.9M), and Transportation ($4.47M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to North Macedonia (Flag) (2009)

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 Italy has comparative advantage over North Macedonia. Similarly, the more yellow a dot/product is, the more North Macedonia has comparative advantage over Italy.

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

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