2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$8,624CURRENT US$
Rnk 92 / 196
2013-2023
Flag
GDP PC GROWTH
53.3%CURRENT US$
Rnk 42 / 195

About

Estonia-North Macedonia Trade: In 2023, Estonia exported $4.24M to North Macedonia. The main products that Estonia exported to North Macedonia were Machinery Having Individual Functions ($384k), Stone Processing Machines ($298k), and Peat ($251k). Over the past 5 years the exports of Estonia to North Macedonia have increased at an annualized rate of 24.4%, from $1.43M in 2018 to $4.24M in 2023.

In 2023, Estonia did not export any services to North Macedonia.

North Macedonia-Estonia Trade: In 2023, North Macedonia exported $2.41M to Estonia. The main products that North Macedonia exported to Estonia were Insulated Wire ($788k), Other Vegetables ($203k), and Chocolate ($196k). Over the past 5 years the exports of North Macedonia to Estonia have decreased at an annualized rate of 6.2%,  from $4.03M in 2018 to $2.41M in 2023.

In 2023, North Macedonia did not export any services to Estonia.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B). That same year, North Macedonia ranked 104 in total exports ($10.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $4.24M to North Macedonia. The main products exported from Estonia to North Macedonia were Machinery Having Individual Functions ($384k), Stone Processing Machines ($298k), and Peat ($251k). During the last 5 years the exports of Estonia to North Macedonia have increased at an annualized rate of 24.4%, from $1.43M in 2018 to $4.24M in 2023.

In 2018, North Macedonia exported $2.41M to Estonia. The main products exported from North Macedonia to Estonia were Insulated Wire ($788k), Other Vegetables ($203k), and Chocolate ($196k). During the last 5 years the exports of North Macedonia to Estonia have decreased at an annualized rate of 6.2%, from $4.03M in 2023 to $2.41M in 2018.

Exports from Estonia (Flag) to North Macedonia (Flag) (2023)

Exports from North Macedonia (Flag) to Estonia (Flag) (2023)

Latest Data

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

Estonia Exports

North Macedonia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
North Macedonia
Top Destination
Germany$4B

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

In 2023, countries that imported more from Estonia than North Macedonia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from North Macedonia than Estonia included Germany ($4B), Serbia ($827M), and Greece ($542M).

Difference in imports from North Macedonia (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - North Macedonia

Flow
Scale

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

During 2023, Estonia had a large net trade with North Macedonia in the exports of Machines ($1.39M), Chemical Products ($539k), and Foodstuffs ($508k).

During 2018, North Macedonia had a large net trade with Estonia in the exports of Machines ($1.04M), Vegetable Products ($677k), and Foodstuffs ($391k).

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and North Macedonia (Flag) (2023)

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