Argentina (ARG) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Argentina-North Macedonia Trade: In 2022, Argentina exported $19.6M to North Macedonia. The main products that Argentina exported to North Macedonia were Soybean Meal ($12.3M), Non-fillet Frozen Fish ($2.69M), and Ground Nuts ($1.56M). Over the past 5 years the exports of Argentina to North Macedonia have increased at an annualized rate of 5.55%, from $14.9M in 2017 to $19.6M in 2022.

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

North Macedonia-Argentina Trade: In 2022, North Macedonia exported $786k to Argentina. The main products that North Macedonia exported to Argentina were Other toys ($284k), Spice Seeds ($161k), and Raw Tobacco ($147k). Over the past 5 years the exports of North Macedonia to Argentina have decreased at an annualized rate of 1.93%, from $866k in 2017 to $786k in 2022.

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

Comparison: In 2022, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Argentina exported $19.6M to North Macedonia. The main products exported from Argentina to North Macedonia were Soybean Meal ($12.3M), Non-fillet Frozen Fish ($2.69M), and Ground Nuts ($1.56M). During the last 5 years the exports of Argentina to North Macedonia have increased at an annualized rate of 5.55%, from $14.9M in 2017 to $19.6M in 2022.

In 2017, North Macedonia exported $786k to Argentina. The main products exported from North Macedonia to Argentina were Other toys ($284k), Spice Seeds ($161k), and Raw Tobacco ($147k). During the last 5 years the exports of North Macedonia to Argentina have decreased at an annualized rate of 1.93%, from $866k in 2022 to $786k in 2017.

Exports from Argentina () to North Macedonia () (2022)

Exports from North Macedonia () to Argentina () (2022)

Latest Data

Trade between Argentina () and North Macedonia ()

Argentina Exports

Date

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.6B

North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Argentina than North Macedonia included Brazil ($12.6B), China ($8B), and United States ($6.99B).

In 2022, countries that imported more from North Macedonia than Argentina included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia () and Argentina () (2022)

Comparative Advantage Argentina - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Argentina had a large net trade with North Macedonia in the exports of Foodstuffs ($12.5M), Animal Products ($4.56M), and Vegetable Products ($2.32M).

During 2017, North Macedonia had a large net trade with Argentina in the exports of Miscellaneous ($284k), Vegetable Products ($161k), and Foodstuffs ($147k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Argentina North Macedonia+$629kCorn

Top Product Potential North Macedonia Argentina+$299kMotor vehicles; parts and accessories (8701 to 8705)

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

Year

This visualization shows the product space at the HS4 level with the flags of Argentina and North Macedonia. This means that a dot/product with the flag of Argentina 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 Argentina.

About

Historical Data

Bilateral Trade by Products

Exports from Argentina () to North Macedonia () (2022)

Exports from North Macedonia () to Argentina () (2022)

Latest Data

Trade between Argentina () and North Macedonia ()

Argentina Exports

North Macedonia Exports

Market Competitiveness

Difference in imports from North Macedonia () and Argentina () (2022)

Comparative Advantage Argentina - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Argentina () and North Macedonia () (2022)

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