North Macedonia / Italy

North Macedonia-Italy Trade: In 2023, North Macedonia exported $229M to Italy. The main products that North Macedonia exported to Italy were Hot-Rolled Iron ($46.1M), Other Heating Machinery ($39M), and Rubber Pipes ($13.8M). Over the past 5 years the exports of North Macedonia to Italy have decreased at an annualized rate of 2.12%, from $255M in 2018 to $229M in 2023.

In 2023, North Macedonia did not export any services to Italy.

Italy-North Macedonia Trade: In 2023, Italy exported $522M to North Macedonia. The main products that Italy exported to North Macedonia were Bovine Meat ($20.2M), Packaged Medicaments ($13.7M), and Coffee ($11.1M). Over the past 5 years the exports of Italy to North Macedonia have increased at an annualized rate of 0.82%,  from $501M in 2018 to $522M in 2023.

In 2009, Italy exported services to North Macedonia worth $45.3M, with Services not allocated ($22.6M), Travel ($14.9M), and Transportation ($4.47M) being the largest in terms of value.

Comparison In 2023,  North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).