2022
Flag  
GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 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 
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 111 / 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

Morocco-North Macedonia Trade: In 2022, Morocco exported $31.8M to North Macedonia. The main products that Morocco exported to North Macedonia were Raw Sugar ($11.5M), Insulated Wire ($5.71M), and Low-voltage Protection Equipment ($5.39M). Over the past 5 years the exports of Morocco to North Macedonia have increased at an annualized rate of 6.31%, from $23.4M in 2017 to $31.8M in 2022.

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

North Macedonia-Morocco Trade: In 2022, North Macedonia exported $5.48M to Morocco. The main products that North Macedonia exported to Morocco were Raw Tobacco ($2.77M), Medical Instruments ($1.38M), and Motor vehicles; parts and accessories (8701 to 8705) ($873k). Over the past 5 years the exports of North Macedonia to Morocco have increased at an annualized rate of 59.3%,  from $535k in 2017 to $5.48M in 2022.

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

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). 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, Morocco exported $31.8M to North Macedonia. The main products exported from Morocco to North Macedonia were Raw Sugar ($11.5M), Insulated Wire ($5.71M), and Low-voltage Protection Equipment ($5.39M). During the last 5 years the exports of Morocco to North Macedonia have increased at an annualized rate of 6.31%, from $23.4M in 2017 to $31.8M in 2022.

In 2017, North Macedonia exported $5.48M to Morocco. The main products exported from North Macedonia to Morocco were Raw Tobacco ($2.77M), Medical Instruments ($1.38M), and Motor vehicles; parts and accessories (8701 to 8705) ($873k). During the last 5 years the exports of North Macedonia to Morocco have increased at an annualized rate of 59.3%, from $535k in 2022 to $5.48M in 2017.

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

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

Latest Data

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

Morocco Exports

North Macedonia Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$8.55B
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Morocco than North Macedonia included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

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

Comparative Advantage Morocco - North Macedonia

Flow
Scale

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

During 2022, Morocco had a large net trade with North Macedonia in the exports of Machines ($13.4M), Foodstuffs ($11.8M), and Textiles ($4.46M).

During 2017, North Macedonia had a large net trade with Morocco in the exports of Foodstuffs ($2.77M), Instruments ($1.38M), and Transportation ($873k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco North Macedonia+$4.65MInsulated Wire
Top Product Potential North Macedonia Morocco+$1.41MMotor vehicles; parts and accessories (8701 to 8705)

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

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

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