Lithuania (LTU) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Lithuania-North Macedonia Trade: In 2022, Lithuania exported $11.1M to North Macedonia. The main products that Lithuania exported to North Macedonia were Other Edible Preparations ($2.93M), Peptones ($667k), and Peat ($579k). Over the past 5 years the exports of Lithuania to North Macedonia have increased at an annualized rate of 6.67%, from $8.02M in 2017 to $11.1M in 2022.

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

North Macedonia-Lithuania Trade: In 2022, North Macedonia exported $6.88M to Lithuania. The main products that North Macedonia exported to Lithuania were Raw Tobacco ($2.02M), Cabbages ($1.12M), and Bedspreads ($439k). Over the past 5 years the exports of North Macedonia to Lithuania have increased at an annualized rate of 24.3%, from $2.32M in 2017 to $6.88M in 2022.

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

Comparison: In 2022, Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lithuania exported $11.1M to North Macedonia. The main products exported from Lithuania to North Macedonia were Other Edible Preparations ($2.93M), Peptones ($667k), and Peat ($579k). During the last 5 years the exports of Lithuania to North Macedonia have increased at an annualized rate of 6.67%, from $8.02M in 2017 to $11.1M in 2022.

In 2017, North Macedonia exported $6.88M to Lithuania. The main products exported from North Macedonia to Lithuania were Raw Tobacco ($2.02M), Cabbages ($1.12M), and Bedspreads ($439k). During the last 5 years the exports of North Macedonia to Lithuania have increased at an annualized rate of 24.3%, from $2.32M in 2022 to $6.88M in 2017.

Exports from Lithuania () to North Macedonia () (2022)

Exports from North Macedonia () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and North Macedonia ()

Lithuania Exports

Date

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lithuania
Top DestinationLatvia$6.18B

North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Lithuania than North Macedonia included Latvia ($6.18B), Poland ($3.91B), and Russia ($2.88B).

In 2022, countries that imported more from North Macedonia than Lithuania included Serbia ($800M), Greece ($683M), and Germany ($3.96B).

Difference in imports from North Macedonia () and Lithuania () (2022)

Comparative Advantage Lithuania - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lithuania had a large net trade with North Macedonia in the exports of Foodstuffs ($4.29M), Machines ($1.54M), and Chemical Products ($1.09M).

During 2017, North Macedonia had a large net trade with Lithuania in the exports of Foodstuffs ($2.5M), Vegetable Products ($1.74M), and Textiles ($892k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lithuania North Macedonia+$1.02MRefined Petroleum

Top Product Potential North Macedonia Lithuania+$493kHot-Rolled Iron

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Lithuania () to North Macedonia () (2022)

Exports from North Macedonia () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and North Macedonia ()

Lithuania Exports

North Macedonia Exports

Market Competitiveness

Difference in imports from North Macedonia () and Lithuania () (2022)

Comparative Advantage Lithuania - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Lithuania () and North Macedonia () (2022)

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