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Pricing

2022
Flag → Flag
Exports $60.5MRnk 101 / 152
2022
Flag → Flag
Top Product $28.8MBroadcasting Equipment
2022
Flag → Flag
Exports $1.59MRnk 64 / 155
2022
Flag → Flag
Top Product $796kIron Structures
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 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 $4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186

About

Vietnam-North Macedonia Trade: In 2022, Vietnam exported $60.5M to North Macedonia. The main products that Vietnam exported to North Macedonia were Broadcasting Equipment ($28.8M), Textile Footwear ($4.06M), and Coconuts, Brazil Nuts, and Cashews ($2.9M). Over the past 5 years the exports of Vietnam to North Macedonia have increased at an annualized rate of 1.21%, from $57M in 2017 to $60.5M in 2022.

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

North Macedonia-Vietnam Trade: In 2022, North Macedonia exported $1.59M to Vietnam. The main products that North Macedonia exported to Vietnam were Iron Structures ($796k), Packaged Medicaments ($707k), and Other Edible Preparations ($87.4k). Over the past 5 years the exports of North Macedonia to Vietnam have increased at an annualized rate of 51.7%,  from $199k in 2017 to $1.59M in 2022.

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

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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, Vietnam exported $60.5M to North Macedonia. The main products exported from Vietnam to North Macedonia were Broadcasting Equipment ($28.8M), Textile Footwear ($4.06M), and Coconuts, Brazil Nuts, and Cashews ($2.9M). During the last 5 years the exports of Vietnam to North Macedonia have increased at an annualized rate of 1.21%, from $57M in 2017 to $60.5M in 2022.

In 2017, North Macedonia exported $1.59M to Vietnam. The main products exported from North Macedonia to Vietnam were Iron Structures ($796k), Packaged Medicaments ($707k), and Other Edible Preparations ($87.4k). During the last 5 years the exports of North Macedonia to Vietnam have increased at an annualized rate of 51.7%, from $199k in 2022 to $1.59M in 2017.

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

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

Latest Data

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

North Macedonia Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Vietnam than North Macedonia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from North Macedonia than Vietnam included Serbia ($800M), Greece ($683M), and Bulgaria ($443M).

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

Comparative Advantage Vietnam - North Macedonia

Flow
Scale

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

During 2022, Vietnam had a large net trade with North Macedonia in the exports of Machines ($34.7M), Footwear and Headwear ($8.4M), and Textiles ($5.65M).

During 2017, North Macedonia had a large net trade with Vietnam in the exports of Metals ($799k), Chemical Products ($707k), and Foodstuffs ($87.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam North Macedonia+$12.5MTelephones
Top Product Potential North Macedonia Vietnam+$1.23MPackaged Medicaments

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 Vietnam and North Macedonia. This means that a dot/product with the flag of Vietnam 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 Vietnam.

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

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