2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 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 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 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

Brazil-North Macedonia Trade: In 2022, Brazil exported $32.6M to North Macedonia. The main products that Brazil exported to North Macedonia were Poultry Meat ($15.2M), Coffee ($7.01M), and Coffee and Tea Extracts ($1.78M). Over the past 5 years the exports of Brazil to North Macedonia have decreased at an annualized rate of 4.89%, from $41.9M in 2017 to $32.6M in 2022.

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

North Macedonia-Brazil Trade: In 2022, North Macedonia exported $15.6M to Brazil. The main products that North Macedonia exported to Brazil were Reaction and Catalytic Products ($7.27M), Motor vehicles; parts and accessories (8701 to 8705) ($4.18M), and Raw Tobacco ($1.42M). Over the past 5 years the exports of North Macedonia to Brazil have increased at an annualized rate of 32.1%,  from $3.87M in 2017 to $15.6M in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). 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, Brazil exported $32.6M to North Macedonia. The main products exported from Brazil to North Macedonia were Poultry Meat ($15.2M), Coffee ($7.01M), and Coffee and Tea Extracts ($1.78M). During the last 5 years the exports of Brazil to North Macedonia have decreased at an annualized rate of 4.89%, from $41.9M in 2017 to $32.6M in 2022.

In 2017, North Macedonia exported $15.6M to Brazil. The main products exported from North Macedonia to Brazil were Reaction and Catalytic Products ($7.27M), Motor vehicles; parts and accessories (8701 to 8705) ($4.18M), and Raw Tobacco ($1.42M). During the last 5 years the exports of North Macedonia to Brazil have increased at an annualized rate of 32.1%, from $3.87M in 2022 to $15.6M in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Brazil than North Macedonia included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from North Macedonia than Brazil included Serbia ($800M), Greece ($683M), and Hungary ($277M).

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

Comparative Advantage Brazil - North Macedonia

Flow
Scale

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

During 2022, Brazil had a large net trade with North Macedonia in the exports of Animal Products ($16.9M), Vegetable Products ($8.24M), and Foodstuffs ($4.86M).

During 2017, North Macedonia had a large net trade with Brazil in the exports of Chemical Products ($7.35M), Transportation ($4.18M), and Machines ($2.41M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil North Macedonia+$1.44MCoffee
Top Product Potential North Macedonia Brazil+$6.18MMotor 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

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

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

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