2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 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 
$103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 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

Ireland-North Macedonia Trade: In 2023, Ireland exported $42.5M to North Macedonia. The main products that Ireland exported to North Macedonia were Scented Mixtures ($14M), Industrial Fatty Acids, Oils and Alcohols ($6.06M), and Packaged Medicaments ($4.15M). Over the past 5 years the exports of Ireland to North Macedonia have increased at an annualized rate of 12%, from $24.1M in 2018 to $42.5M in 2023.

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

North Macedonia-Ireland Trade: In 2023, North Macedonia exported $5.46M to Ireland. The main products that North Macedonia exported to Ireland were Iron Structures ($1.22M), Seats ($600k), and Knit T-shirts ($563k). Over the past 5 years the exports of North Macedonia to Ireland have increased at an annualized rate of 21.3%,  from $2.08M in 2018 to $5.46M in 2023.

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

Comparison In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31),  and 29 in total exports ($241B). That same year, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $42.5M to North Macedonia. The main products exported from Ireland to North Macedonia were Scented Mixtures ($14M), Industrial Fatty Acids, Oils and Alcohols ($6.06M), and Packaged Medicaments ($4.15M). During the last 5 years the exports of Ireland to North Macedonia have increased at an annualized rate of 12%, from $24.1M in 2018 to $42.5M in 2023.

In 2018, North Macedonia exported $5.46M to Ireland. The main products exported from North Macedonia to Ireland were Iron Structures ($1.22M), Seats ($600k), and Knit T-shirts ($563k). During the last 5 years the exports of North Macedonia to Ireland have increased at an annualized rate of 21.3%, from $2.08M in 2023 to $5.46M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
North Macedonia
Top Destination
Germany$4B

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

In 2023, countries that imported more from Ireland than North Macedonia included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, countries that imported more from North Macedonia than Ireland included Serbia ($827M), Bulgaria ($566M), and Albania ($150M).

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

Comparative Advantage Ireland - North Macedonia

Flow
Scale

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

During 2023, Ireland had a large net trade with North Macedonia in the exports of Chemical Products ($27.9M), Foodstuffs ($4.87M), and Machines ($3.94M).

During 2018, North Macedonia had a large net trade with Ireland in the exports of Textiles ($1.9M), Metals ($1.25M), and Miscellaneous ($827k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland North Macedonia+$4.25MPackaged Medicaments
Top Product Potential North Macedonia Ireland+$928kSeats

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

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

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