2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
 GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 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
$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195

About

North Macedonia-United States Trade: In 2023, North Macedonia exported $273M to United States. The main products that North Macedonia exported to United States were Buses ($203M), Raw Tobacco ($11.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($8.89M). Over the past 5 years the exports of North Macedonia to United States have decreased at an annualized rate of 3.81%, from $332M in 2018 to $273M in 2023.

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

United States-North Macedonia Trade: In 2023, United States exported $257M to North Macedonia. The main products that United States exported to North Macedonia were Laboratory Ceramic Ware ($61.3M), Packaged Medicaments ($18.3M), and Platinum ($18.2M). Over the past 5 years the exports of United States to North Macedonia have increased at an annualized rate of 1.29%,  from $241M in 2018 to $257M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $273M to United States. The main products exported from North Macedonia to United States were Buses ($203M), Raw Tobacco ($11.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($8.89M). During the last 5 years the exports of North Macedonia to United States have decreased at an annualized rate of 3.81%, from $332M in 2018 to $273M in 2023.

In 2018, United States exported $257M to North Macedonia. The main products exported from United States to North Macedonia were Laboratory Ceramic Ware ($61.3M), Packaged Medicaments ($18.3M), and Platinum ($18.2M). During the last 5 years the exports of United States to North Macedonia have increased at an annualized rate of 1.29%, from $241M in 2023 to $257M in 2018.

Exports from North Macedonia (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to North Macedonia (Flag) (2023)

Latest Data

Trade between North Macedonia (Flag) and United States (Flag)

North Macedonia Exports

United States Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$4B
United States
Top Destination
Canada$269B

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

In 2023, countries that imported more from North Macedonia than United States included Serbia ($827M).

In 2023, countries that imported more from United States than North Macedonia included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and North Macedonia (Flag) (2023)

Comparative Advantage North Macedonia - United States

Flow
Scale

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

During 2023, North Macedonia had a large net trade with United States in the exports of Transportation ($215M), Foodstuffs ($23.1M), and Machines ($18.2M).

During 2018, United States had a large net trade with North Macedonia in the exports of Stone And Glass ($62.2M), Machines ($59.5M), and Chemical Products ($39.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia United States+$18.5MCentrifuges
Top Product Potential United States North Macedonia+$8.52MRefined Petroleum

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

Product Space of North Macedonia (Flag) and United States (Flag) (2023)

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