2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

Australia-North Macedonia Trade: In 2022, Australia exported $3.97M to North Macedonia. The main products that Australia exported to North Macedonia were Sheep Hides ($794k), Raw Nickel ($376k), and Compasses ($333k). Over the past 5 years the exports of Australia to North Macedonia have increased at an annualized rate of 3.09%, from $3.41M in 2017 to $3.97M in 2022.

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

North Macedonia-Australia Trade: In 2022, North Macedonia exported $11.8M to Australia. The main products that North Macedonia exported to Australia were Oxygen Heterocyclic Compounds ($1.25M), Pickled Foods ($1.19M), and Other Processed Vegetables ($998k). Over the past 5 years the exports of North Macedonia to Australia have increased at an annualized rate of 12.8%,  from $6.48M in 2017 to $11.8M in 2022.

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

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). 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, Australia exported $3.97M to North Macedonia. The main products exported from Australia to North Macedonia were Sheep Hides ($794k), Raw Nickel ($376k), and Compasses ($333k). During the last 5 years the exports of Australia to North Macedonia have increased at an annualized rate of 3.09%, from $3.41M in 2017 to $3.97M in 2022.

In 2017, North Macedonia exported $11.8M to Australia. The main products exported from North Macedonia to Australia were Oxygen Heterocyclic Compounds ($1.25M), Pickled Foods ($1.19M), and Other Processed Vegetables ($998k). During the last 5 years the exports of North Macedonia to Australia have increased at an annualized rate of 12.8%, from $6.48M in 2022 to $11.8M in 2017.

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

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

Latest Data

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

Australia Exports

North Macedonia Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Australia than North Macedonia included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

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

Comparative Advantage Australia - North Macedonia

Flow
Scale

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

During 2022, Australia had a large net trade with North Macedonia in the exports of Machines ($941k), Animal Hides ($796k), and Instruments ($698k).

During 2017, North Macedonia had a large net trade with Australia in the exports of Foodstuffs ($4.05M), Chemical Products ($1.43M), and Miscellaneous ($1.32M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia North Macedonia+N/AN/A
Top Product Potential North Macedonia Australia+$1.48MSeats

N/A

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Economic Complexity

Competitive Landscape

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

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

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