2022
Flag  
GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH
68.2%CURRENT US$
Rnk 30 / 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 
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 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

Romania-North Macedonia In 2022, Romania exported $252M to North Macedonia. The main products that Romania exported to North Macedonia are Hot-Rolled Iron ($65.3M), Insulated Wire ($21M), and Plastic Coated Textile Fabric ($14.1M). During the last 27 years the exports of Romania to North Macedonia have increased at an annualized rate of 10.8%, from $15.9M in 1995 to $252M in 2022.

In 2011, Romania exported services to North Macedonia worth $4.27M, with Services not allocated ($2.14M), Travel ($916k), and Communications services ($916k) being the largest in terms of value.

North Macedonia-Romania In 2022, North Macedonia exported $129M to Romania. The main products that North Macedonia exported to Romania were Seats ($20.6M), Hot-Rolled Iron ($12.2M), and Raw Iron Bars ($10.8M). During the last 27 years the exports of North Macedonia to Romania have increased at an annualized rate of 8.75%, from $13.4M in 1995 to $129M in 2022.

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

Comparison In 2022,  Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.16), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $252M to North Macedonia. The main products exported from Romania to North Macedonia were Hot-Rolled Iron ($65.3M), Insulated Wire ($21M), and Plastic Coated Textile Fabric ($14.1M). During the last 27 years the exports of Romania to North Macedonia have increased at an annualized rate of 10.8%, from $15.9M in 1995 to $252M in 2022.

In 2022, North Macedonia exported $129M to Romania. The main products exported from North Macedonia to Romania were Seats ($20.6M), Hot-Rolled Iron ($12.2M), and Raw Iron Bars ($10.8M). During the last 27 years the exports of North Macedonia to Romania have increased at an annualized rate of 8.75%, from $13.4M in 1995 to $129M in 2022.

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

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

Latest Data

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

Romania Exports

North Macedonia Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
North Macedonia
Top Destination
Germany$3.96B

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

In 2021, countries that imported more from Romania than North Macedonia were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2021, countries that imported more from North Macedonia than Romania were Montenegro ($40.3M), Rwanda ($956k), and Democratic Republic of the Congo ($1.24M).

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

Comparative Advantage Romania - North Macedonia

Flow
Scale

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

During 2022, Romania had a large net trade with North Macedonia in the exports of Metals ($71.2M), Machines ($44.4M), and Textiles ($38.6M).

During 2022, North Macedonia had a large net trade with Romania in the exports of Metals ($47.2M), Miscellaneous ($23.5M), and Machines ($20.9M).

Service Trade

Bilateral Service Trade

Rou Year

In 2011, Romania exported services to North Macedonia worth $4.27M, with Services not allocated ($2.14M), Travel ($916k), and Communications services ($916k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to North Macedonia (Flag) (2011)

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 Romania has comparative advantage over North Macedonia. Similarly, the more yellow a dot/product is, the more North Macedonia has comparative advantage over Romania.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with