United States (USA) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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United States (USA) and North Macedonia (MKD) Trade

2022

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Exports $154MRnk 143 / 219

2022

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Top Product $30.7MLaboratory Ceramic Ware

2022

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Exports $173MRnk 11 / 155

2022

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About

United States-North Macedonia In 2022, United States exported $154M to North Macedonia. The main products that United States exported to North Macedonia are Laboratory Ceramic Ware ($30.7M), Electric Batteries ($10.4M), and Petroleum Coke ($7.18M). During the last 27 years the exports of United States to North Macedonia have increased at an annualized rate of 3.49%, from $60.8M in 1995 to $154M in 2022.

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

North Macedonia-United States In 2022, North Macedonia exported $173M to United States. The main products that North Macedonia exported to United States were Buses ($71.5M), Ferroalloys ($27.4M), and Raw Tobacco ($14.5M). During the last 27 years the exports of North Macedonia to United States have increased at an annualized rate of 4.38%, from $54.2M in 1995 to $173M in 2022.

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

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.16), and 105 in total exports ($9.52B).

COMPANIES In 2023, leading companies such as were at the forefront of exporting goods from North Macedonia to the United States. Conversely, were notable for importing North Macedonia products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $4.48M and imported $27M from North Macedonia, resulting in a negative trade balance of $22.5M. Between January 2023 and January 2024 the exports of United States have increased by $246k (5.81%) from $4.23M to $4.48M, while imports increased by $88.9k (0.33%) from $26.9M to $27M.

Trade In January 2024, the top exports of United States to North Macedonia were Integrated Circuits ($1.59M), Combustion Engines ($1.27M), Motor vehicles; parts and accessories (8701... ($234k), Detonating Fuses ($223k), and Self-adhesive Plastics ($152k). In January 2024 the top imports of United States from North Macedonia were Buses ($17.2M), Raw Tobacco ($2.47M), Motor vehicles; parts and accessories (8701... ($819k), Machinery Having Individual Functions ($735k), and Electrical Control Boards ($713k).

Origins In January 2024 the exports of United States were mainly from New York ($1.66M), Texas ($1.39M), Tennessee ($309k), Arizona ($206k), and Georgia ($147k), while imports destinations were mainly Florida ($10.8M), Minnesota ($6.98M), Virginia ($2.19M), New Jersey ($1.12M), and Georgia ($866k).

Growth In January 2024, the increase in United States's year-by-year exports to North Macedonia was explained primarily by an increase in product exports in Prepared Explosives ($102k or 3.24k%), Computers ($49.2k or 210%), and Electrical Capacitors ($43k or 438%). In January 2024, the increase in United States's year-by-year imports from North Macedonia was explained primarily by an increase in product imports in Buses ($10.7M or 164%), Raw Tobacco ($1.87M or 309%), and Motor vehicles; parts and accessories (8701... ($739k or 929%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$246k(5.81%)

IMPORT GROWTH (January 2023 - January 2024)$88.9k(0.33%)

MAIN EXPORTER (January 2024)New York$1.66M

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $154M to North Macedonia. The main products exported from United States to North Macedonia were Laboratory Ceramic Ware ($30.7M), Electric Batteries ($10.4M), and Petroleum Coke ($7.18M). During the last 27 years the exports of United States to North Macedonia have increased at an annualized rate of 3.49%, from $60.8M in 1995 to $154M in 2022.

In 2022, North Macedonia exported $173M to United States. The main products exported from North Macedonia to United States were Buses ($71.5M), Ferroalloys ($27.4M), and Raw Tobacco ($14.5M). During the last 27 years the exports of North Macedonia to United States have increased at an annualized rate of 4.38%, from $54.2M in 1995 to $173M in 2022.

Exports from United States () to North Macedonia () (2022)

Exports from North Macedonia () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

North Macedonia
Top DestinationGermany$3.96B

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

In 2021, countries that imported more from United States than North Macedonia were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from North Macedonia than United States were Serbia ($800M) and Albania ($115M).

Difference in imports from North Macedonia () and United States () (2022)

Comparative Advantage United States - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with North Macedonia in the exports of Machines ($36.3M), Stone And Glass ($31M), and Chemical Products ($22.7M).

During 2022, North Macedonia had a large net trade with United States in the exports of Transportation ($79.3M), Metals ($30.9M), and Foodstuffs ($25.6M).

Economic Complexity

Competitive Landscape

Year

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

Product Space of United States () and North Macedonia () (2022)

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