North Macedonia (MKD) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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North Macedonia-Cyprus Trade: In 2022, North Macedonia exported $1.38M to Cyprus. The main products that North Macedonia exported to Cyprus were Other Small Iron Pipes ($227k), Other Inorganic Acids ($185k), and Other Plastic Sheetings ($168k). Over the past 5 years the exports of North Macedonia to Cyprus have increased at an annualized rate of 1.61%, from $1.28M in 2017 to $1.38M in 2022.

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

Cyprus-North Macedonia Trade: In 2022, Cyprus exported $1.91M to North Macedonia. The main products that Cyprus exported to North Macedonia were Packaged Medicaments ($1.21M), Light Fixtures ($220k), and Semiconductor Devices ($140k). Over the past 5 years the exports of Cyprus to North Macedonia have decreased at an annualized rate of 5.56%, from $2.69M in 2017 to $1.91M in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Macedonia exported $1.38M to Cyprus. The main products exported from North Macedonia to Cyprus were Other Small Iron Pipes ($227k), Other Inorganic Acids ($185k), and Other Plastic Sheetings ($168k). During the last 5 years the exports of North Macedonia to Cyprus have increased at an annualized rate of 1.61%, from $1.28M in 2017 to $1.38M in 2022.

In 2017, Cyprus exported $1.91M to North Macedonia. The main products exported from Cyprus to North Macedonia were Packaged Medicaments ($1.21M), Light Fixtures ($220k), and Semiconductor Devices ($140k). During the last 5 years the exports of Cyprus to North Macedonia have decreased at an annualized rate of 5.56%, from $2.69M in 2022 to $1.91M in 2017.

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

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

Latest Data

Trade between North Macedonia () and Cyprus ()

North Macedonia Exports

Date

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from North Macedonia than Cyprus included Germany ($3.96B), Serbia ($800M), and Bulgaria ($443M).

In 2022, countries that imported more from Cyprus than North Macedonia included Hong Kong ($482M), Lebanon ($329M), and Liberia ($255M).

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

Comparative Advantage North Macedonia - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Macedonia had a large net trade with Cyprus in the exports of Foodstuffs ($525k), Plastics and Rubbers ($279k), and Chemical Products ($263k).

During 2017, Cyprus had a large net trade with North Macedonia in the exports of Chemical Products ($1.27M), Miscellaneous ($220k), and Machines ($218k).

Potential Exports

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Cyprus ()

North Macedonia Exports

Cyprus Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Cyprus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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