China (CHN) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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China (CHN) and North Macedonia (MKD) Trade

2022

→

Exports $829MRnk 135 / 211

2022

→

About

China-North Macedonia Trade: In 2022, China exported $829M to North Macedonia. The main products that China exported to North Macedonia were Semiconductor Devices ($89.3M), Broadcasting Equipment ($59.1M), and Printed Circuit Boards ($44.5M). Over the past 5 years the exports of China to North Macedonia have increased at an annualized rate of 16.3%, from $390M in 2017 to $829M in 2022.

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

North Macedonia-China Trade: In 2022, North Macedonia exported $76.3M to China. The main products that North Macedonia exported to China were Marble, Travertine and Alabaster ($33.8M), Motor vehicles; parts and accessories (8701 to 8705) ($10.8M), and Ferroalloys ($9.41M). Over the past 5 years the exports of North Macedonia to China have decreased at an annualized rate of 3.77%, from $92.4M in 2017 to $76.3M in 2022.

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

Comparison: In 2022, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Latest Trends

September, 2024

About

Overview In September 2024, China exported $23.3M and imported $12.8M from North Macedonia, resulting in a positive trade balance of $10.5M. Between September 2023 and September 2024 the exports of China have increased by $312k (1.36%) from $23M to $23.3M, while imports decreased by $-15.3M (-54.3%) from $28.1M to $12.8M.

Trade In September 2024, the top exports of China to North Macedonia were Telephones ($1.18M), Electrical Power Accessories ($930k), Other Electrical Machinery ($889k), Semiconductor Devices ($826k), and Motor vehicles; parts and accessories (8701... ($740k). In September 2024 the top imports of China from North Macedonia were Marble, Travertine and Alabaster ($3.14M), Reaction and Catalytic Products ($2.03M), Electrical Control Boards ($1.48M), Machinery Having Individual Functions ($1.1M), and Motor vehicles; parts and accessories (8701... ($535k).

Origins In September 2024 the exports of China were mainly from Shanghai Province ($5.02M), Guangdong Province ($3.86M), Zhejiang Province ($3.75M), Jiangsu Province ($2.49M), and Shandong Province ($2.36M), while imports destinations were mainly Jilin Province ($4.31M), Fujian Province ($2.43M), Shanghai Province ($2.1M), Guangdong Province ($1.16M), and Liaoning Province ($845k).

Growth In September 2024, the increase in China's year-by-year exports to North Macedonia was explained primarily by an increase in product exports in Other Electrical Machinery ($840k or 1.71k%), Electrical Power Accessories ($650k or 232%), and Printed Circuit Boards ($582k or 759%). In September 2024, the decrease in China's year-by-year imports from North Macedonia was explained primarily by an decrease in product imports in Reaction and Catalytic Products ($-3.23M or -61.4%), Motor vehicles; parts and accessories (8701... ($-700k or -56.7%), and Electrical Control Boards ($-443k or -23%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (September 2023 - September 2024)$312k(1.36%)

IMPORT GROWTH (September 2023 - September 2024)$-15.3M(-54.3%)

MAIN EXPORTER (September 2024)Shanghai Province$5.02M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check North Macedonia and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, China exported $829M to North Macedonia. The main products exported from China to North Macedonia were Semiconductor Devices ($89.3M), Broadcasting Equipment ($59.1M), and Printed Circuit Boards ($44.5M). During the last 5 years the exports of China to North Macedonia have increased at an annualized rate of 16.3%, from $390M in 2017 to $829M in 2022.

In 2017, North Macedonia exported $76.3M to China. The main products exported from North Macedonia to China were Marble, Travertine and Alabaster ($33.8M), Motor vehicles; parts and accessories (8701 to 8705) ($10.8M), and Ferroalloys ($9.41M). During the last 5 years the exports of North Macedonia to China have decreased at an annualized rate of 3.77%, from $92.4M in 2022 to $76.3M in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

China
Top DestinationN/AN/A

North Macedonia
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage China - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, China had a large net trade with North Macedonia in the exports of Machines ($451M), Textiles ($88.6M), and Metals ($73.6M).

During 2017, North Macedonia had a large net trade with China in the exports of Mineral Products ($34.5M), Machines ($15.3M), and Transportation ($11.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential China North Macedonia+$39.6MTelephones

Top Product Potential North Macedonia China+$17.6MMotor 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 China and North Macedonia. This means that a dot/product with the flag of China 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 China.

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

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