2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

Norway-North Macedonia In 2022, Norway exported $5.73M to North Macedonia. The main products that Norway exported to North Macedonia are Non-fillet Fresh Fish ($1.92M), Artificial Graphite ($782k), and Cars ($407k). During the last 27 years the exports of Norway to North Macedonia have increased at an annualized rate of 5.44%, from $1.37M in 1995 to $5.73M in 2022.

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

North Macedonia-Norway In 2022, North Macedonia exported $13.9M to Norway. The main products that North Macedonia exported to Norway were Printed Circuit Boards ($1.52M), Non-Knit Men's Shirts ($1.39M), and Non-Knit Women's Suits ($1.08M). During the last 27 years the exports of North Macedonia to Norway have increased at an annualized rate of 12.1%, from $632k in 1995 to $13.9M in 2022.

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

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $5.73M to North Macedonia. The main products exported from Norway to North Macedonia were Non-fillet Fresh Fish ($1.92M), Artificial Graphite ($782k), and Cars ($407k). During the last 27 years the exports of Norway to North Macedonia have increased at an annualized rate of 5.44%, from $1.37M in 1995 to $5.73M in 2022.

In 2022, North Macedonia exported $13.9M to Norway. The main products exported from North Macedonia to Norway were Printed Circuit Boards ($1.52M), Non-Knit Men's Shirts ($1.39M), and Non-Knit Women's Suits ($1.08M). During the last 27 years the exports of North Macedonia to Norway have increased at an annualized rate of 12.1%, from $632k in 1995 to $13.9M in 2022.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
North Macedonia
Top Destination
Germany$3.96B

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

In 2021, countries that imported more from Norway than North Macedonia were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from North Macedonia than Norway were Serbia ($800M), Bulgaria ($443M), and Hungary ($277M).

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

Comparative Advantage Norway - North Macedonia

Flow
Scale

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

During 2022, Norway had a large net trade with North Macedonia in the exports of Animal Products ($2.05M), Chemical Products ($1.15M), and Machines ($544k).

During 2022, North Macedonia had a large net trade with Norway in the exports of Textiles ($5.19M), Machines ($3.38M), and Foodstuffs ($1.65M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Norway has comparative advantage over North Macedonia. Similarly, the more yellow a dot/product is, the more North Macedonia has comparative advantage over Norway.

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

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