2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC 
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

North Macedonia-New Zealand Trade: In 2022, North Macedonia exported $600k to New Zealand. The main products that North Macedonia exported to New Zealand were Seats ($94k), Lifting Machinery ($79.5k), and Other Processed Fruits and Nuts ($53.3k). Over the past 5 years the exports of North Macedonia to New Zealand have increased at an annualized rate of 4.88%, from $473k in 2017 to $600k in 2022.

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

New Zealand-North Macedonia Trade: In 2022, New Zealand exported $466k to North Macedonia. The main products that New Zealand exported to North Macedonia were Integrated Circuits ($141k), Molluscs ($86k), and Air Pumps ($57.7k). Over the past 5 years the exports of New Zealand to North Macedonia have increased at an annualized rate of 21.7%,  from $174k in 2017 to $466k in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $600k to New Zealand. The main products exported from North Macedonia to New Zealand were Seats ($94k), Lifting Machinery ($79.5k), and Other Processed Fruits and Nuts ($53.3k). During the last 5 years the exports of North Macedonia to New Zealand have increased at an annualized rate of 4.88%, from $473k in 2017 to $600k in 2022.

In 2017, New Zealand exported $466k to North Macedonia. The main products exported from New Zealand to North Macedonia were Integrated Circuits ($141k), Molluscs ($86k), and Air Pumps ($57.7k). During the last 5 years the exports of New Zealand to North Macedonia have increased at an annualized rate of 21.7%, from $174k in 2022 to $466k in 2017.

Exports from North Macedonia (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to North Macedonia (Flag) (2022)

Latest Data

Trade between North Macedonia (Flag) and New Zealand (Flag)

North Macedonia Exports

New Zealand Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from North Macedonia than New Zealand included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

In 2022, countries that imported more from New Zealand than North Macedonia included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - New Zealand

Flow
Scale

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

During 2022, North Macedonia had a large net trade with New Zealand in the exports of Foodstuffs ($171k), Machines ($166k), and Miscellaneous ($98.3k).

During 2017, New Zealand had a large net trade with North Macedonia in the exports of Machines ($232k), Animal Products ($129k), and Vegetable Products ($37.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia New Zealand+$192kSeats
Top Product Potential New Zealand North Macedonia+$31.5kIntegrated Circuits

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

Product Space of North Macedonia (Flag) and New Zealand (Flag) (2022)

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