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2022
Flag → Flag
Exports $125MRnk 108 / 211
2022
Flag → Flag
Top Product $31.5MLaboratory Ceramic Ware
2022
Flag → Flag
Exports $10.7MRnk 38 / 155
2022
Flag → Flag
Top Product $3.67MInsulated Wire
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
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GDP GROWTH39.2%CURRENT US$
Rnk 84 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$6,591CURRENT US$
Rnk 100 / 186
2012-2022
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GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186

About

Japan-North Macedonia Trade: In 2022, Japan exported $125M to North Macedonia. The main products that Japan exported to North Macedonia were Laboratory Ceramic Ware ($31.5M), Electric Batteries ($10.1M), and Cars ($9.34M). Over the past 5 years the exports of Japan to North Macedonia have increased at an annualized rate of 13.8%, from $65.6M in 2017 to $125M in 2022.

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

North Macedonia-Japan Trade: In 2022, North Macedonia exported $10.7M to Japan. The main products that North Macedonia exported to Japan were Insulated Wire ($3.67M), Raw Tobacco ($1.58M), and Knit Sweaters ($1.45M). Over the past 5 years the exports of North Macedonia to Japan have increased at an annualized rate of 8.87%,  from $6.97M in 2017 to $10.7M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Latest Trends

September, 2024

About

Overview In September 2024, Japan exported ¥140M and imported ¥144M from North Macedonia, resulting in a negative trade balance of ¥3.45M. Between September 2023 and September 2024 the exports of Japan have decreased by ¥-43.9M (-23.8%) from ¥184M to ¥140M, while imports decreased by ¥-63.5M (-30.6%) from ¥207M to ¥144M.

Trade In September 2024, the top exports of Japan to North Macedonia were Prepr binder for foundry (¥29.5M), Rubber Tires (¥20.6M), Motor vehicles; parts and accessories (8701... (¥19.6M), Fork-Lifts (¥3.3M), and Semiconductor Devices (¥2.89M). In September 2024 the top imports of Japan from North Macedonia were Electrical Lighting and Signalling Equipment (¥16.8M), Knit Sweaters (¥15.6M), Trailers and semi-trailers, not mechanically propelled... (¥12.8M), Spice Seeds (¥12.2M), and Insulated Wire (¥11.4M).

Origins In September 2024 the exports of Japan were mainly from Nagasaki (¥53.5M), Hiroshima (¥25.7M), Hyōgo (¥19.5M), Kanagawa (¥18.7M), and Osaka (¥17.3M), while imports destinations were mainly Aichi (¥66.4M), Tokyo (¥44.4M), Chiba (¥13M), Osaka (¥8.29M), and Hiroshima (¥7.16M).

Growth In September 2024, the decrease in Japan's year-by-year exports to North Macedonia was explained primarily by an decrease in product exports in Motor vehicles; parts and accessories (8701... (¥-58M or -74.7%), Semiconductor Devices (¥-2.85M or -49.6%), and Plastic Coated Textile Fabric (¥-2.7M or -78.2%). In September 2024, the decrease in Japan's year-by-year imports  from North Macedonia was explained primarily by an decrease in product imports  in Raw Tobacco (¥-26.1M or -87.2%), Insulated Wire (¥-19M or -62.4%), and Electrical Lighting and Signalling Equipment (¥-4.32M or -20.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)¥-43.9M(-23.8%)
IMPORT GROWTH (September 2023 - September 2024)¥-63.5M(-30.6%)
MAIN EXPORTER (September 2024)Nagasaki¥53.5M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check North Macedonia and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore North Macedonia and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $125M to North Macedonia. The main products exported from Japan to North Macedonia were Laboratory Ceramic Ware ($31.5M), Electric Batteries ($10.1M), and Cars ($9.34M). During the last 5 years the exports of Japan to North Macedonia have increased at an annualized rate of 13.8%, from $65.6M in 2017 to $125M in 2022.

In 2017, North Macedonia exported $10.7M to Japan. The main products exported from North Macedonia to Japan were Insulated Wire ($3.67M), Raw Tobacco ($1.58M), and Knit Sweaters ($1.45M). During the last 5 years the exports of North Macedonia to Japan have increased at an annualized rate of 8.87%, from $6.97M in 2022 to $10.7M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Japan than North Macedonia included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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

Comparative Advantage Japan - North Macedonia

Flow
Scale

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

During 2022, Japan had a large net trade with North Macedonia in the exports of Machines ($44.2M), Stone And Glass ($31.8M), and Transportation ($20.1M).

During 2017, North Macedonia had a large net trade with Japan in the exports of Machines ($4.55M), Textiles ($2.32M), and Foodstuffs ($2.16M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan North Macedonia+$10.4MCars
Top Product Potential North Macedonia Japan+$6.98MInsulated 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 Japan and North Macedonia. This means that a dot/product with the flag of Japan 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 Japan.

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

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