Serbia / North Macedonia

Serbia-North Macedonia Trade: In 2023, Serbia exported $932M to North Macedonia. The main products that Serbia exported to North Macedonia were Electricity ($94.9M), Insulated Wire ($69.4M), and Flavored Water ($26M). Over the past 5 years the exports of Serbia to North Macedonia have increased at an annualized rate of 5.03%, from $729M in 2018 to $932M in 2023.

In 2009, Serbia exported services to North Macedonia worth $39M, with Other business services ($12.3M), Transportation ($5.13M), and Communications services ($4.12M) being the largest in terms of value.

North Macedonia-Serbia Trade: In 2023, North Macedonia exported $827M to Serbia. The main products that North Macedonia exported to Serbia were Electricity ($91.5M), Refined Petroleum ($84.1M), and Packaged Medicaments ($41.7M). Over the past 5 years the exports of North Macedonia to Serbia have increased at an annualized rate of 9.91%,  from $515M in 2018 to $827M in 2023.

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

Comparison In 2023,  Serbia ranked 35 in the Economic Complexity Index (ECI 0.76),  and 69 in total exports ($32.6B). That same year, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.