2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 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 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 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

Canada-North Macedonia Trade: In 2022, Canada exported $6.4M to North Macedonia. The main products that Canada exported to North Macedonia were Semiconductor Devices ($1.33M), Audio Alarms ($407k), and Dried Legumes ($376k). Over the past 5 years the exports of Canada to North Macedonia have increased at an annualized rate of 2.14%, from $5.76M in 2017 to $6.4M in 2022.

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

North Macedonia-Canada Trade: In 2022, North Macedonia exported $8.75M to Canada. The main products that North Macedonia exported to Canada were Raw Tobacco ($2.04M), Other Processed Vegetables ($1.26M), and Other live plants, cuttings and slips; mushroom spawn ($501k). Over the past 5 years the exports of North Macedonia to Canada have increased at an annualized rate of 0.29%,  from $8.62M in 2017 to $8.75M in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). 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, Canada exported $6.4M to North Macedonia. The main products exported from Canada to North Macedonia were Semiconductor Devices ($1.33M), Audio Alarms ($407k), and Dried Legumes ($376k). During the last 5 years the exports of Canada to North Macedonia have increased at an annualized rate of 2.14%, from $5.76M in 2017 to $6.4M in 2022.

In 2017, North Macedonia exported $8.75M to Canada. The main products exported from North Macedonia to Canada were Raw Tobacco ($2.04M), Other Processed Vegetables ($1.26M), and Other live plants, cuttings and slips; mushroom spawn ($501k). During the last 5 years the exports of North Macedonia to Canada have increased at an annualized rate of 0.29%, from $8.62M in 2022 to $8.75M in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Canada than North Macedonia included United States ($438B), China ($25.4B), and Japan ($14.3B).

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

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

Comparative Advantage Canada - North Macedonia

Flow
Scale

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

During 2022, Canada had a large net trade with North Macedonia in the exports of Machines ($2.97M), Foodstuffs ($546k), and Chemical Products ($503k).

During 2017, North Macedonia had a large net trade with Canada in the exports of Foodstuffs ($4.94M), Textiles ($1.29M), and Vegetable Products ($885k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada North Macedonia+$831kCars
Top Product Potential North Macedonia Canada+$1.2MSeats

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

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

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