2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 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
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

North Macedonia-Slovenia Trade: In 2022, North Macedonia exported $132M to Slovenia. The main products that North Macedonia exported to Slovenia were Packaged Medicaments ($26.6M), Electric Batteries ($17.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($13.9M). Over the past 5 years the exports of North Macedonia to Slovenia have increased at an annualized rate of 16.6%, from $61.2M in 2017 to $132M in 2022.

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

Slovenia-North Macedonia Trade: In 2022, Slovenia exported $241M to North Macedonia. The main products that Slovenia exported to North Macedonia were Packaged Medicaments ($48.2M), Electric Batteries ($16.6M), and Cars ($7.37M). Over the past 5 years the exports of Slovenia to North Macedonia have increased at an annualized rate of 3.06%,  from $208M in 2017 to $241M in 2022.

In 2009, Slovenia exported services to North Macedonia worth $83.9M, with Services not allocated ($41.7M), Other business services ($13.1M), and Travel ($9.15M) being the largest in terms of value.

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, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $132M to Slovenia. The main products exported from North Macedonia to Slovenia were Packaged Medicaments ($26.6M), Electric Batteries ($17.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($13.9M). During the last 5 years the exports of North Macedonia to Slovenia have increased at an annualized rate of 16.6%, from $61.2M in 2017 to $132M in 2022.

In 2017, Slovenia exported $241M to North Macedonia. The main products exported from Slovenia to North Macedonia were Packaged Medicaments ($48.2M), Electric Batteries ($16.6M), and Cars ($7.37M). During the last 5 years the exports of Slovenia to North Macedonia have increased at an annualized rate of 3.06%, from $208M in 2022 to $241M in 2017.

Exports from North Macedonia (Flag) to Slovenia (Flag) (2022)

Exports from Slovenia (Flag) to North Macedonia (Flag) (2022)

Latest Data

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

North Macedonia Exports

Slovenia Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Slovenia
Top Destination
Switzerland$9.92B

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

In 2022, countries that imported more from North Macedonia than Slovenia included Greece ($683M), Bulgaria ($443M), and Albania ($115M).

In 2022, countries that imported more from Slovenia than North Macedonia included Switzerland ($9.92B), Italy ($6.28B), and Croatia ($4.68B).

Difference in imports from Slovenia (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - Slovenia

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Slovenia in the exports of Machines ($28.1M), Chemical Products ($27.6M), and Metals ($22M).

During 2017, Slovenia had a large net trade with North Macedonia in the exports of Chemical Products ($67.1M), Machines ($52.6M), and Metals ($23.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Slovenia+$3.04MElectricity
Top Product Potential Slovenia North Macedonia+$2.66MCars

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

Product Space of North Macedonia (Flag) and Slovenia (Flag) (2022)

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