NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $16kRnk 135 / 160
2023
Flag → Flag
Top Product $15.8kRetail Cotton Yarn
2023
Flag → Flag
Exports $3.02MRnk 115 / 200
2023
Flag → Flag
Top Product $1.27MTea
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
 GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC $8,624CURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP PC GROWTH53.3%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC$3,828CURRENT US$
Rnk 132 / 196
2013-2023
Flag
GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195

About

North Macedonia-Sri Lanka Trade: In 2023, North Macedonia exported $16k to Sri Lanka. The main products that North Macedonia exported to Sri Lanka were Retail Cotton Yarn ($15.8k), Printed Circuit Boards ($137), and Tea ($31). Over the past 6 years the exports of North Macedonia to Sri Lanka have decreased at an annualized rate of 22.3%, from $72.7k in 2017 to $16k in 2023.

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

Sri Lanka-North Macedonia Trade: In 2023, Sri Lanka exported $3.02M to North Macedonia. The main products that Sri Lanka exported to North Macedonia were Tea ($1.27M), Other Women's Undergarments ($311k), and Coconuts, Brazil Nuts, and Cashews ($193k). Over the past 6 years the exports of Sri Lanka to North Macedonia have increased at an annualized rate of 5.82%,  from $2.27M in 2017 to $3.02M in 2023.

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

Comparison In 2023,  North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index. That same year, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $16k to Sri Lanka. The main products exported from North Macedonia to Sri Lanka were Retail Cotton Yarn ($15.8k), Printed Circuit Boards ($137), and Tea ($31). During the last 6 years the exports of North Macedonia to Sri Lanka have decreased at an annualized rate of 22.3%, from $72.7k in 2017 to $16k in 2023.

In 2018, Sri Lanka exported $3.02M to North Macedonia. The main products exported from Sri Lanka to North Macedonia were Tea ($1.27M), Other Women's Undergarments ($311k), and Coconuts, Brazil Nuts, and Cashews ($193k). During the last 5 years the exports of Sri Lanka to North Macedonia have increased at an annualized rate of 5.82%, from $2.27M in 2023 to $3.02M in 2018.

Exports from North Macedonia (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to North Macedonia (Flag) (2023)

Latest Data

Trade between North Macedonia (Flag) and Sri Lanka (Flag)

North Macedonia Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
North Macedonia
Top DestinationGermany$4B
Sri Lanka
Top DestinationUnited States$2.98B

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

In 2023, countries that imported more from North Macedonia than Sri Lanka included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

In 2023, countries that imported more from Sri Lanka than North Macedonia included United States ($2.98B), India ($991M), and United Kingdom ($900M).

Difference in imports from Sri Lanka (Flag) and North Macedonia (Flag) (2023)

Comparative Advantage North Macedonia - Sri Lanka

Flow
Scale

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

During 2023, North Macedonia had a large net trade with Sri Lanka in the exports of Textiles ($15.8k), Machines ($137), and Vegetable Products ($31).

During 2018, Sri Lanka had a large net trade with North Macedonia in the exports of Vegetable Products ($1.54M), Textiles ($1.14M), and Plastics and Rubbers ($110k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Sri Lanka+$3.33kRefined Petroleum
Top Product Potential Sri Lanka North Macedonia+$174kKnit T-shirts

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of North Macedonia (Flag) and Sri Lanka (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms