Iceland / North Macedonia

Iceland-North Macedonia Trade: In 2022, Iceland exported $189k to North Macedonia. The main products that Iceland exported to North Macedonia were Aluminium Wire ($103k), Aluminium Foil ($42.4k), and Orthopedic Appliances ($17.4k). Over the past 5 years the exports of Iceland to North Macedonia have decreased at an annualized rate of 4.85%, from $242k in 2017 to $189k in 2022.

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

North Macedonia-Iceland Trade: In 2022, North Macedonia exported $1.12M to Iceland. The main products that North Macedonia exported to Iceland were Plastic Pipes ($458k), Chocolate ($116k), and Non-Knit Men's Shirts ($109k). Over the past 5 years the exports of North Macedonia to Iceland have increased at an annualized rate of 12%,  from $635k in 2017 to $1.12M in 2022.

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).