2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC 
$8,624CURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP PC GROWTH
53.3%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

North Macedonia-Netherlands Trade: In 2023, North Macedonia exported $122M to Netherlands. The main products that North Macedonia exported to Netherlands were Non-Knit Men's Suits ($18.8M), Other live plants, cuttings and slips; mushroom spawn ($16.2M), and Non-Knit Men's Shirts ($8.87M). Over the past 5 years the exports of North Macedonia to Netherlands have increased at an annualized rate of 4.13%, from $99.9M in 2018 to $122M in 2023.

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

Netherlands-North Macedonia Trade: In 2023, Netherlands exported $211M to North Macedonia. The main products that Netherlands exported to North Macedonia were Industrial Fatty Acids, Oils and Alcohols ($49M), Other Inorganic Acids Salts ($41.6M), and Vaccines, blood, antisera, toxins and cultures ($9.87M). Over the past 5 years the exports of Netherlands to North Macedonia have increased at an annualized rate of 6.24%,  from $156M in 2018 to $211M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $122M to Netherlands. The main products exported from North Macedonia to Netherlands were Non-Knit Men's Suits ($18.8M), Other live plants, cuttings and slips; mushroom spawn ($16.2M), and Non-Knit Men's Shirts ($8.87M). During the last 5 years the exports of North Macedonia to Netherlands have increased at an annualized rate of 4.13%, from $99.9M in 2018 to $122M in 2023.

In 2018, Netherlands exported $211M to North Macedonia. The main products exported from Netherlands to North Macedonia were Industrial Fatty Acids, Oils and Alcohols ($49M), Other Inorganic Acids Salts ($41.6M), and Vaccines, blood, antisera, toxins and cultures ($9.87M). During the last 5 years the exports of Netherlands to North Macedonia have increased at an annualized rate of 6.24%, from $156M in 2023 to $211M in 2018.

Exports from North Macedonia (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to North Macedonia (Flag) (2023)

Latest Data

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

North Macedonia Exports

Netherlands Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$4B
Netherlands
Top Destination
Germany$96.9B

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

In 2023, countries that imported more from North Macedonia than Netherlands included Serbia ($827M) and Albania ($150M).

In 2023, countries that imported more from Netherlands than North Macedonia included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

Difference in imports from Netherlands (Flag) and North Macedonia (Flag) (2023)

Comparative Advantage North Macedonia - Netherlands

Flow
Scale

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

During 2023, North Macedonia had a large net trade with Netherlands in the exports of Textiles ($54.3M), Vegetable Products ($20.6M), and Miscellaneous ($12.4M).

During 2018, Netherlands had a large net trade with North Macedonia in the exports of Chemical Products ($112M), Machines ($24.2M), and Textiles ($15.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Netherlands+$4.45MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Netherlands North Macedonia+$3.26MPackaged Medicaments

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

Product Space of North Macedonia (Flag) and Netherlands (Flag) (2023)

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