North Macedonia (MKD) and Brazil (BRA) Trade | The Observatory of Economic Complexity

About

North Macedonia-Brazil Trade: In 2023, North Macedonia exported $24M to Brazil. The main products that North Macedonia exported to Brazil were Reaction and Catalytic Products ($14.7M), Motor vehicles; parts and accessories (8701 to 8705) ($3.25M), and Raw Tobacco ($2.17M). Over the past 5 years the exports of North Macedonia to Brazil have increased at an annualized rate of 31.2%, from $6.16M in 2018 to $24M in 2023.

In 2023, North Macedonia did not export any services to Brazil.

Brazil-North Macedonia Trade: In 2023, Brazil exported $61.3M to North Macedonia. The main products that Brazil exported to North Macedonia were Poultry Meat ($24M), Raw Sugar ($12M), and Coffee ($10.6M). Over the past 5 years the exports of Brazil to North Macedonia have increased at an annualized rate of 6.63%, from $44.4M in 2018 to $61.3M in 2023.

In 2023, Brazil did not export any services to North Macedonia.

Comparison In 2023, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index. That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $24M to Brazil. The main products exported from North Macedonia to Brazil were Reaction and Catalytic Products ($14.7M), Motor vehicles; parts and accessories (8701 to 8705) ($3.25M), and Raw Tobacco ($2.17M). During the last 5 years the exports of North Macedonia to Brazil have increased at an annualized rate of 31.2%, from $6.16M in 2018 to $24M in 2023.

In 2018, Brazil exported $61.3M to North Macedonia. The main products exported from Brazil to North Macedonia were Poultry Meat ($24M), Raw Sugar ($12M), and Coffee ($10.6M). During the last 5 years the exports of Brazil to North Macedonia have increased at an annualized rate of 6.63%, from $44.4M in 2023 to $61.3M in 2018.

Exports from North Macedonia () to Brazil () (2023)

Exports from Brazil () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Brazil ()

North Macedonia Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from North Macedonia than Brazil included Serbia ($827M), Hungary ($324M), and Bulgaria ($566M).

In 2023, countries that imported more from Brazil than North Macedonia included China ($106B), United States ($37B), and Argentina ($17.2B).

Difference in imports from Brazil () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Brazil in the exports of Chemical Products ($14.7M), Machines ($3.48M), and Transportation ($3.26M).

During 2018, Brazil had a large net trade with North Macedonia in the exports of Animal Products ($27.9M), Foodstuffs ($16.1M), and Vegetable Products ($13.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Brazil+$6.18MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Brazil North Macedonia+$1.44MCoffee

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of North Macedonia and Brazil. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over North Macedonia.

About

Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Brazil () (2023)

Exports from Brazil () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Brazil ()

North Macedonia Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Brazil

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Brazil () (2023)

Keep Exploring