North Macedonia (MKD) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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North Macedonia-Switzerland Trade: In 2022, North Macedonia exported $81.8M to Switzerland. The main products that North Macedonia exported to Switzerland were Seats ($16.2M), Electricity ($9.37M), and Non-Knit Men's Suits ($5.69M). Over the past 5 years the exports of North Macedonia to Switzerland have increased at an annualized rate of 6.81%, from $58.9M in 2017 to $81.8M in 2022.

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

Switzerland-North Macedonia Trade: In 2022, Switzerland exported $144M to North Macedonia. The main products that Switzerland exported to North Macedonia were Electricity ($47.9M), Vaccines, blood, antisera, toxins and cultures ($12.5M), and Cars ($7.91M). Over the past 5 years the exports of Switzerland to North Macedonia have increased at an annualized rate of 16.9%, from $66.1M in 2017 to $144M in 2022.

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

Comparison: In 2022, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Macedonia exported $81.8M to Switzerland. The main products exported from North Macedonia to Switzerland were Seats ($16.2M), Electricity ($9.37M), and Non-Knit Men's Suits ($5.69M). During the last 5 years the exports of North Macedonia to Switzerland have increased at an annualized rate of 6.81%, from $58.9M in 2017 to $81.8M in 2022.

In 2017, Switzerland exported $144M to North Macedonia. The main products exported from Switzerland to North Macedonia were Electricity ($47.9M), Vaccines, blood, antisera, toxins and cultures ($12.5M), and Cars ($7.91M). During the last 5 years the exports of Switzerland to North Macedonia have increased at an annualized rate of 16.9%, from $66.1M in 2022 to $144M in 2017.

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

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

Latest Data

Trade between North Macedonia () and Switzerland ()

North Macedonia Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Switzerland
Top DestinationUnited States$61.7B

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

In 2022, countries that imported more from North Macedonia than Switzerland included Serbia ($800M) and Albania ($115M).

In 2022, countries that imported more from Switzerland than North Macedonia included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

Comparative Advantage North Macedonia - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Macedonia had a large net trade with Switzerland in the exports of Textiles ($22.1M), Miscellaneous ($19.3M), and Mineral Products ($10.3M).

During 2017, Switzerland had a large net trade with North Macedonia in the exports of Mineral Products ($48.1M), Machines ($27.9M), and Chemical Products ($25.6M).

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 Switzerland+$7.68MElectricity

Top Product Potential Switzerland North Macedonia+$7.6MPackaged Medicaments

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 North Macedonia and Switzerland. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Switzerland. Similarly, a dot/product with the flag of Switzerland indicates it has a comparative advantage over North Macedonia.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Switzerland ()

North Macedonia Exports

Switzerland Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Switzerland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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