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2023
Flag → Flag
Exports $13MRnk 40 / 130
2023
Flag → Flag
Top Product $3.95MEthylene Polymers
2023
Flag → Flag
Exports $414kRnk 82 / 160
2023
Flag → Flag
Top Product $205kElectric Batteries
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$8,624CURRENT US$
Rnk 92 / 196
2013-2023
Flag
GDP PC GROWTH53.3%CURRENT US$
Rnk 42 / 195

About

Iran-North Macedonia Trade: In 2023, Iran exported $13M to North Macedonia. The main products that Iran exported to North Macedonia were Ethylene Polymers ($3.95M), Copper Wire ($2.39M), and Styrene Polymers ($1.64M). Over the past 5 years the exports of Iran to North Macedonia have increased at an annualized rate of 0.25%, from $12.8M in 2018 to $13M in 2023.

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

North Macedonia-Iran Trade: In 2023, North Macedonia exported $414k to Iran. The main products that North Macedonia exported to Iran were Electric Batteries ($205k), Low-voltage Protection Equipment ($102k), and Machinery Having Individual Functions ($32.1k). Over the past 5 years the exports of North Macedonia to Iran have decreased at an annualized rate of 26%,  from $1.86M in 2018 to $414k in 2023.

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

Comparison In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084),  and 92 in total exports ($13.2B). 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, Iran exported $13M to North Macedonia. The main products exported from Iran to North Macedonia were Ethylene Polymers ($3.95M), Copper Wire ($2.39M), and Styrene Polymers ($1.64M). During the last 5 years the exports of Iran to North Macedonia have increased at an annualized rate of 0.25%, from $12.8M in 2018 to $13M in 2023.

In 2018, North Macedonia exported $414k to Iran. The main products exported from North Macedonia to Iran were Electric Batteries ($205k), Low-voltage Protection Equipment ($102k), and Machinery Having Individual Functions ($32.1k). During the last 5 years the exports of North Macedonia to Iran have decreased at an annualized rate of 26%, from $1.86M in 2023 to $414k in 2018.

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

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

Latest Data

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

North Macedonia Exports

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
North Macedonia
Top DestinationGermany$4B

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

In 2023, countries that imported more from Iran than North Macedonia included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

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

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

Comparative Advantage Iran - North Macedonia

Flow
Scale

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

During 2023, Iran had a large net trade with North Macedonia in the exports of Plastics and Rubbers ($5.64M), Metals ($4.21M), and Foodstuffs ($1.31M).

During 2018, North Macedonia had a large net trade with Iran in the exports of Machines ($354k), Transportation ($29.8k), and Wood Products ($21.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran North Macedonia+$374kRefined Petroleum
Top Product Potential North Macedonia Iran+$377kElectric Batteries

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

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

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