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2023
Flag → Flag
Exports $16.7MRnk 156 / 216
2023
Flag → Flag
Top Product $5.21MRaw Sugar
2023
Flag → Flag
Exports $6.67MRnk 45 / 160
2023
Flag → Flag
Top Product $1.16MInsulated Wire
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$8,624CURRENT US$
Rnk 92 / 196
2013-2023
Flag
GDP PC GROWTH53.3%CURRENT US$
Rnk 42 / 195

About

United Arab Emirates-North Macedonia Trade: In 2023, United Arab Emirates exported $16.7M to North Macedonia. The main products that United Arab Emirates exported to North Macedonia were Raw Sugar ($5.21M), Audio Alarms ($3.61M), and Aluminium Wire ($1.71M). Over the past 5 years the exports of United Arab Emirates to North Macedonia have increased at an annualized rate of 35%, from $3.73M in 2018 to $16.7M in 2023.

In 2023, United Arab Emirates did not export any services to North Macedonia.

North Macedonia-United Arab Emirates Trade: In 2023, North Macedonia exported $6.67M to United Arab Emirates. The main products that North Macedonia exported to United Arab Emirates were Insulated Wire ($1.16M), Building Stone ($614k), and Machinery Having Individual Functions ($531k). Over the past 5 years the exports of North Macedonia to United Arab Emirates have increased at an annualized rate of 4.67%,  from $5.31M in 2018 to $6.67M in 2023.

In 2023, North Macedonia did not export any services to United Arab Emirates.

Comparison In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15),  and 21 in total exports ($357B). That same year, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $16.7M to North Macedonia. The main products exported from United Arab Emirates to North Macedonia were Raw Sugar ($5.21M), Audio Alarms ($3.61M), and Aluminium Wire ($1.71M). During the last 5 years the exports of United Arab Emirates to North Macedonia have increased at an annualized rate of 35%, from $3.73M in 2018 to $16.7M in 2023.

In 2018, North Macedonia exported $6.67M to United Arab Emirates. The main products exported from North Macedonia to United Arab Emirates were Insulated Wire ($1.16M), Building Stone ($614k), and Machinery Having Individual Functions ($531k). During the last 5 years the exports of North Macedonia to United Arab Emirates have increased at an annualized rate of 4.67%, from $5.31M in 2023 to $6.67M in 2018.

Exports from United Arab Emirates (Flag) to North Macedonia (Flag) (2023)

Exports from North Macedonia (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and North Macedonia (Flag)

United Arab Emirates Exports

North Macedonia Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
North Macedonia
Top DestinationGermany$4B

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

In 2023, countries that imported more from United Arab Emirates than North Macedonia included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from North Macedonia than United Arab Emirates included Serbia ($827M), Bulgaria ($566M), and Slovakia ($198M).

Difference in imports from North Macedonia (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - North Macedonia

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with North Macedonia in the exports of Foodstuffs ($5.49M), Machines ($4.24M), and Metals ($2.63M).

During 2018, North Macedonia had a large net trade with United Arab Emirates in the exports of Machines ($2.51M), Textiles ($1.82M), and Foodstuffs ($902k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates North Macedonia+$3.01MTelephones
Top Product Potential North Macedonia United Arab Emirates+$1.36MInsulated Wire

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 United Arab Emirates and North Macedonia. This means that a dot/product with the flag of United Arab Emirates 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 United Arab Emirates.

Product Space of United Arab Emirates (Flag) and North Macedonia (Flag) (2023)

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