2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP
$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH
20.8%CURRENT US$
Rnk 121 / 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
$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH
-1.8%CURRENT US$
Rnk 147 / 186

About

North Macedonia-Zimbabwe Trade: In 2022, North Macedonia exported $51k to Zimbabwe. The main products that North Macedonia exported to Zimbabwe were Motor vehicles; parts and accessories (8701 to 8705) ($40.1k) and Video and Card Games ($10.9k). Over the past 17 years the exports of North Macedonia to Zimbabwe have increased at an annualized rate of 7.44%, from $15.1k in 2005 to $51k in 2022.

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

Zimbabwe-North Macedonia Trade: In 2022, Zimbabwe exported $4.15k to North Macedonia. The main products that Zimbabwe exported to North Macedonia were Building Stone ($3.15k), Cut Flowers ($444), and Citrus ($392). Over the past 17 years the exports of Zimbabwe to North Macedonia have decreased at an annualized rate of 14.2%,  from $8.9k in 2005 to $4.15k in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $51k to Zimbabwe. The main products exported from North Macedonia to Zimbabwe were Motor vehicles; parts and accessories (8701 to 8705) ($40.1k) and Video and Card Games ($10.9k). During the last 17 years the exports of North Macedonia to Zimbabwe have increased at an annualized rate of 7.44%, from $15.1k in 2005 to $51k in 2022.

In 2017, Zimbabwe exported $4.15k to North Macedonia. The main products exported from Zimbabwe to North Macedonia were Building Stone ($3.15k), Cut Flowers ($444), and Citrus ($392). During the last 5 years the exports of Zimbabwe to North Macedonia have decreased at an annualized rate of 14.2%, from $8.9k in 2022 to $4.15k in 2017.

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

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

Latest Data

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

North Macedonia Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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

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

In 2022, countries that imported more from Zimbabwe than North Macedonia included United Arab Emirates ($4.78B), South Africa ($1.47B), and China ($625M).

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

Comparative Advantage North Macedonia - Zimbabwe

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Zimbabwe in the exports of Transportation ($40.1k) and Miscellaneous ($10.9k).

During 2017, Zimbabwe had a large net trade with North Macedonia in the exports of Stone And Glass ($3.15k), Vegetable Products ($915), and Precious Metals ($42).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Zimbabwe+$86.2kMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Zimbabwe North Macedonia+$6.52kBuilding Stone

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

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

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