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2022
Flag → Flag
Exports $171MRnk 104 / 224
2022
Flag → Flag
Top Product $41.7MOther Inorganic Acids Salts
2022
Flag → Flag
Exports $159MRnk 13 / 155
2022
Flag → Flag
Top Product $42.1MFerroalloys
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186

About

Netherlands-North Macedonia Trade: In 2022, Netherlands exported $171M to North Macedonia. The main products that Netherlands exported to North Macedonia were Other Inorganic Acids Salts ($41.7M), Semiconductor Devices ($5.24M), and Combustion Engines ($4.08M). Over the past 5 years the exports of Netherlands to North Macedonia have increased at an annualized rate of 6.21%, from $127M in 2017 to $171M in 2022.

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

North Macedonia-Netherlands Trade: In 2022, North Macedonia exported $159M to Netherlands. The main products that North Macedonia exported to Netherlands were Ferroalloys ($42.1M), Non-Knit Men's Suits ($15.1M), and Other live plants, cuttings and slips; mushroom spawn ($12.4M). Over the past 5 years the exports of North Macedonia to Netherlands have increased at an annualized rate of 19.8%,  from $64.5M in 2017 to $159M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €8M and imported €5M from North Macedonia, resulting in a positive trade balance of €3M. Between October 2021 and October 2022 the exports of Netherlands have increased by €5M (167%) from €3M to €8M, while imports remained the same by €0 (0%) from €5M to €5M.

Trade In October 2022, the top exports of Netherlands to North Macedonia were Fabrics, woven, of man-made textile materials... (€1M). In October 2022 the top imports of Netherlands from North Macedonia were Pig-iron, spiegeleisen, sponge iron, iron or... (€2M), Crude vegetable materials, n.e.s. (€1M), Furniture and parts thereof; bedding, mattresses,... (€1M), Men's or boys' coats, capes, jackets,... (€1M), and Women's or girls' coats, capes, jackets,... (€1M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to North Macedonia was explained primarily by an increase in product exports in . In October 2022, the change in Netherlands's year-by-year imports  from North Macedonia was explained primarily by an decrease in product imports  in Men's or boys' coats, capes, jackets,... (€-1M or -50%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2021 - October 2022)€5M(167%)
IMPORT GROWTH (October 2021 - October 2022)€0(0%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check North Macedonia and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore North Macedonia and Netherlands Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $171M to North Macedonia. The main products exported from Netherlands to North Macedonia were Other Inorganic Acids Salts ($41.7M), Semiconductor Devices ($5.24M), and Combustion Engines ($4.08M). During the last 5 years the exports of Netherlands to North Macedonia have increased at an annualized rate of 6.21%, from $127M in 2017 to $171M in 2022.

In 2017, North Macedonia exported $159M to Netherlands. The main products exported from North Macedonia to Netherlands were Ferroalloys ($42.1M), Non-Knit Men's Suits ($15.1M), and Other live plants, cuttings and slips; mushroom spawn ($12.4M). During the last 5 years the exports of North Macedonia to Netherlands have increased at an annualized rate of 19.8%, from $64.5M in 2022 to $159M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Netherlands than North Macedonia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from North Macedonia than Netherlands included Albania ($115M).

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

Comparative Advantage Netherlands - North Macedonia

Flow
Scale

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

During 2022, Netherlands had a large net trade with North Macedonia in the exports of Chemical Products ($55.9M), Machines ($29.2M), and Textiles ($22.1M).

During 2017, North Macedonia had a large net trade with Netherlands in the exports of Textiles ($53.7M), Metals ($52.4M), and Vegetable Products ($14.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands North Macedonia+$3.26MPackaged Medicaments
Top Product Potential North Macedonia Netherlands+$4.45MMotor vehicles; parts and accessories (8701 to 8705)

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

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

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