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2022
Flag → Flag
Exports $183MRnk 9 / 155
2022
Flag → Flag
Top Product $47.4MReaction and Catalytic Products
2022
Flag → Flag
Exports $2.03BRnk 35 / 224
2022
Flag → Flag
Top Product $1.42BPlatinum
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

North Macedonia-United Kingdom Trade: In 2022, North Macedonia exported $183M to United Kingdom. The main products that North Macedonia exported to United Kingdom were Reaction and Catalytic Products ($47.4M), Non-Iron and Steel Slag, Ash and Residues ($28.8M), and Seats ($20.5M). Over the past 5 years the exports of North Macedonia to United Kingdom have increased at an annualized rate of 21.6%, from $68.8M in 2017 to $183M in 2022.

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

United Kingdom-North Macedonia Trade: In 2022, United Kingdom exported $2.03B to North Macedonia. The main products that United Kingdom exported to North Macedonia were Platinum ($1.42B), Precious Metal Compounds ($510M), and Reaction and Catalytic Products ($10.8M). Over the past 5 years the exports of United Kingdom to North Macedonia have increased at an annualized rate of 16.8%,  from $933M in 2017 to $2.03B in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $183M to United Kingdom. The main products exported from North Macedonia to United Kingdom were Reaction and Catalytic Products ($47.4M), Non-Iron and Steel Slag, Ash and Residues ($28.8M), and Seats ($20.5M). During the last 5 years the exports of North Macedonia to United Kingdom have increased at an annualized rate of 21.6%, from $68.8M in 2017 to $183M in 2022.

In 2017, United Kingdom exported $2.03B to North Macedonia. The main products exported from United Kingdom to North Macedonia were Platinum ($1.42B), Precious Metal Compounds ($510M), and Reaction and Catalytic Products ($10.8M). During the last 5 years the exports of United Kingdom to North Macedonia have increased at an annualized rate of 16.8%, from $933M in 2022 to $2.03B in 2017.

Exports from North Macedonia (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to North Macedonia (Flag) (2022)

Latest Data

Trade between North Macedonia (Flag) and United Kingdom (Flag)

North Macedonia Exports

United Kingdom Exports

Market Competitiveness

Color
North Macedonia
Top DestinationGermany$3.96B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from North Macedonia than United Kingdom included Serbia ($800M), Albania ($115M), and Bosnia and Herzegovina ($106M).

In 2022, countries that imported more from United Kingdom than North Macedonia included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - United Kingdom

Flow
Scale

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

During 2022, North Macedonia had a large net trade with United Kingdom in the exports of Chemical Products ($49M), Mineral Products ($37.2M), and Miscellaneous ($34.4M).

During 2017, United Kingdom had a large net trade with North Macedonia in the exports of Precious Metals ($1.42B), Chemical Products ($540M), and Machines ($17.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia United Kingdom+$10.6MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential United Kingdom North Macedonia+$6.12MCars

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

Product Space of North Macedonia (Flag) and United Kingdom (Flag) (2022)

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