North Macedonia (MKD) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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North Macedonia-Philippines Trade: In 2022, North Macedonia exported $1.26M to Philippines. The main products that North Macedonia exported to Philippines were Raw Tobacco ($617k), Paper Labels ($231k), and Other Printed Material ($146k). Over the past 5 years the exports of North Macedonia to Philippines have increased at an annualized rate of 22.5%, from $458k in 2017 to $1.26M in 2022.

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

Philippines-North Macedonia Trade: In 2022, Philippines exported $6.8M to North Macedonia. The main products that Philippines exported to North Macedonia were Integrated Circuits ($1.57M), Electrical Capacitors ($1.5M), and Semiconductor Devices ($1.05M). Over the past 5 years the exports of Philippines to North Macedonia have increased at an annualized rate of 14.6%, from $2.29M in 2017 to $6.8M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Macedonia exported $1.26M to Philippines. The main products exported from North Macedonia to Philippines were Raw Tobacco ($617k), Paper Labels ($231k), and Other Printed Material ($146k). During the last 5 years the exports of North Macedonia to Philippines have increased at an annualized rate of 22.5%, from $458k in 2017 to $1.26M in 2022.

In 2017, Philippines exported $6.8M to North Macedonia. The main products exported from Philippines to North Macedonia were Integrated Circuits ($1.57M), Electrical Capacitors ($1.5M), and Semiconductor Devices ($1.05M). During the last 5 years the exports of Philippines to North Macedonia have increased at an annualized rate of 14.6%, from $2.29M in 2022 to $6.8M in 2017.

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

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

Latest Data

Trade between North Macedonia () and Philippines ()

North Macedonia Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Philippines
Top DestinationUnited States$15.5B

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

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

In 2022, countries that imported more from Philippines than North Macedonia included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage North Macedonia - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Macedonia had a large net trade with Philippines in the exports of Foodstuffs ($653k), Paper Goods ($378k), and Instruments ($81.5k).

During 2017, Philippines had a large net trade with North Macedonia in the exports of Machines ($5.46M), Foodstuffs ($545k), and Vegetable Products ($232k).

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 Philippines+$300kRaw Tobacco

Top Product Potential Philippines North Macedonia+$3.13MIntegrated 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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Philippines ()

North Macedonia Exports

Philippines Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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