North Macedonia (MKD) and Japan (JPN) Trade | The Observatory of Economic Complexity

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North Macedonia-Japan Trade: In 2022, North Macedonia exported $10.7M to Japan. The main products that North Macedonia exported to Japan were Insulated Wire ($3.67M), Raw Tobacco ($1.58M), and Knit Sweaters ($1.45M). Over the past 5 years the exports of North Macedonia to Japan have increased at an annualized rate of 8.87%, from $6.97M in 2017 to $10.7M in 2022.

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

Japan-North Macedonia Trade: In 2022, Japan exported $125M to North Macedonia. The main products that Japan exported to North Macedonia were Laboratory Ceramic Ware ($31.5M), Electric Batteries ($10.1M), and Cars ($9.34M). Over the past 5 years the exports of Japan to North Macedonia have increased at an annualized rate of 13.8%, from $65.6M in 2017 to $125M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Macedonia exported $10.7M to Japan. The main products exported from North Macedonia to Japan were Insulated Wire ($3.67M), Raw Tobacco ($1.58M), and Knit Sweaters ($1.45M). During the last 5 years the exports of North Macedonia to Japan have increased at an annualized rate of 8.87%, from $6.97M in 2017 to $10.7M in 2022.

In 2017, Japan exported $125M to North Macedonia. The main products exported from Japan to North Macedonia were Laboratory Ceramic Ware ($31.5M), Electric Batteries ($10.1M), and Cars ($9.34M). During the last 5 years the exports of Japan to North Macedonia have increased at an annualized rate of 13.8%, from $65.6M in 2022 to $125M in 2017.

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

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

Latest Data

Trade between North Macedonia () and Japan ()

North Macedonia Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Japan
Top DestinationUnited States$137B

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

In 2022, countries that imported more from North Macedonia than Japan included Serbia ($800M), Greece ($683M), and Bulgaria ($443M).

In 2022, countries that imported more from Japan than North Macedonia included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage North Macedonia - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Macedonia had a large net trade with Japan in the exports of Machines ($4.55M), Textiles ($2.32M), and Foodstuffs ($2.16M).

During 2017, Japan had a large net trade with North Macedonia in the exports of Machines ($44.2M), Stone And Glass ($31.8M), and Transportation ($20.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Japan+$6.98MInsulated Wire

Top Product Potential Japan North Macedonia+$10.4MCars

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

Year

This visualization shows the product space at the HS4 level with the flags of North Macedonia and Japan. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over North Macedonia.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Japan ()

North Macedonia Exports

Japan Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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