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Pricing

2022
Flag → Flag
Exports $105kRnk 109 / 155
2022
Flag → Flag
Top Product $27.6kPackaged Medicaments
2022
Flag → Flag
Exports $883kRnk 139 / 185
2022
Flag → Flag
Top Product $315kSowing Seeds
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

North Macedonia-Chile Trade: In 2022, North Macedonia exported $105k to Chile. The main products that North Macedonia exported to Chile were Packaged Medicaments ($27.6k), Other Animals ($18.6k), and Medical Instruments ($14.8k). Over the past 5 years the exports of North Macedonia to Chile have increased at an annualized rate of 8.75%, from $69.3k in 2017 to $105k in 2022.

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

Chile-North Macedonia Trade: In 2022, Chile exported $883k to North Macedonia. The main products that Chile exported to North Macedonia were Sowing Seeds ($315k), Processed Crustaceans ($175k), and Nitrites and Nitrates ($87.7k). Over the past 5 years the exports of Chile to North Macedonia have decreased at an annualized rate of 2.18%,  from $1.03M in 2017 to $883k in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $105k to Chile. The main products exported from North Macedonia to Chile were Packaged Medicaments ($27.6k), Other Animals ($18.6k), and Medical Instruments ($14.8k). During the last 5 years the exports of North Macedonia to Chile have increased at an annualized rate of 8.75%, from $69.3k in 2017 to $105k in 2022.

In 2017, Chile exported $883k to North Macedonia. The main products exported from Chile to North Macedonia were Sowing Seeds ($315k), Processed Crustaceans ($175k), and Nitrites and Nitrates ($87.7k). During the last 5 years the exports of Chile to North Macedonia have decreased at an annualized rate of 2.18%, from $1.03M in 2022 to $883k in 2017.

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

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

Latest Data

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

North Macedonia Exports

Chile Exports

Market Competitiveness

Color
North Macedonia
Top DestinationGermany$3.96B
Chile
Top DestinationChina$38.5B

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

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

In 2022, countries that imported more from Chile than North Macedonia included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage North Macedonia - Chile

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Chile in the exports of Chemical Products ($27.6k), Instruments ($23.7k), and Animal Products ($18.6k).

During 2017, Chile had a large net trade with North Macedonia in the exports of Vegetable Products ($419k), Foodstuffs ($231k), and Animal Products ($128k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Chile+$124kPackaged Medicaments
Top Product Potential Chile North Macedonia+$115kNon-fillet Frozen Fish

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

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

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