North Macedonia / Sweden

North Macedonia-Sweden Trade: In 2022, North Macedonia exported $53.4M to Sweden. The main products that North Macedonia exported to Sweden were Buses ($11.4M), Ferroalloys ($9.19M), and Other Footwear ($5.49M). Over the past 5 years the exports of North Macedonia to Sweden have increased at an annualized rate of 24.1%, from $18.1M in 2017 to $53.4M in 2022.

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

Sweden-North Macedonia Trade: In 2022, Sweden exported $43.6M to North Macedonia. The main products that Sweden exported to North Macedonia were Broadcasting Equipment ($13.2M), Insulated Wire ($4.78M), and Tractors ($1.46M). Over the past 5 years the exports of Sweden to North Macedonia have increased at an annualized rate of 10.5%,  from $26.5M in 2017 to $43.6M in 2022.

In 2009, Sweden exported services to North Macedonia worth $29.6M, with Services not allocated ($14.7M), Other business services ($8.68M), and Computer and information services ($5.83M) 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).