2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

North Macedonia-Germany Trade: In 2022, North Macedonia exported $3.96B to Germany. The main products that North Macedonia exported to Germany were Reaction and Catalytic Products ($2.56B), Insulated Wire ($313M), and Electrical Control Boards ($159M). Over the past 5 years the exports of North Macedonia to Germany have increased at an annualized rate of 24.4%, from $1.33B in 2017 to $3.96B in 2022.

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

Germany-North Macedonia Trade: In 2022, Germany exported $1.12B to North Macedonia. The main products that Germany exported to North Macedonia were Laboratory Ceramic Ware ($108M), Low-voltage Protection Equipment ($54.9M), and Integrated Circuits ($50.2M). Over the past 5 years the exports of Germany to North Macedonia have decreased at an annualized rate of 0.26%,  from $1.14B in 2017 to $1.12B in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $3.96B to Germany. The main products exported from North Macedonia to Germany were Reaction and Catalytic Products ($2.56B), Insulated Wire ($313M), and Electrical Control Boards ($159M). During the last 5 years the exports of North Macedonia to Germany have increased at an annualized rate of 24.4%, from $1.33B in 2017 to $3.96B in 2022.

In 2017, Germany exported $1.12B to North Macedonia. The main products exported from Germany to North Macedonia were Laboratory Ceramic Ware ($108M), Low-voltage Protection Equipment ($54.9M), and Integrated Circuits ($50.2M). During the last 5 years the exports of Germany to North Macedonia have decreased at an annualized rate of 0.26%, from $1.14B in 2022 to $1.12B in 2017.

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

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

Latest Data

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

North Macedonia Exports

Germany Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Germany
Top Destination
United States$153B

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

In 2022, no countries were registered that imported more from North Macedonia than from Germany.

In 2022, countries that imported more from Germany than North Macedonia included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage North Macedonia - Germany

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Germany in the exports of Chemical Products ($2.56B), Machines ($763M), and Textiles ($235M).

During 2017, Germany had a large net trade with North Macedonia in the exports of Machines ($378M), Chemical Products ($169M), and Textiles ($116M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Germany+$50.1MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Germany North Macedonia+$25.8MCars

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

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

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