2023
Flag  
GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH
-19.3%CURRENT US$
Rnk 190 / 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 
$33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 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

Japan-North Macedonia Trade: In 2023, Japan exported $155M to North Macedonia. The main products that Japan exported to North Macedonia were Laboratory Ceramic Ware ($40.7M), Cars ($12.8M), and Large Construction Vehicles ($11.1M). Over the past 5 years the exports of Japan to North Macedonia have increased at an annualized rate of 3.68%, from $129M in 2018 to $155M in 2023.

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

North Macedonia-Japan Trade: In 2023, North Macedonia exported $10.6M to Japan. The main products that North Macedonia exported to Japan were Raw Tobacco ($2.68M), Insulated Wire ($2.38M), and Knit Sweaters ($1.37M). Over the past 5 years the exports of North Macedonia to Japan have increased at an annualized rate of 10.4%,  from $6.47M in 2018 to $10.6M in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). 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, Japan exported $155M to North Macedonia. The main products exported from Japan to North Macedonia were Laboratory Ceramic Ware ($40.7M), Cars ($12.8M), and Large Construction Vehicles ($11.1M). During the last 5 years the exports of Japan to North Macedonia have increased at an annualized rate of 3.68%, from $129M in 2018 to $155M in 2023.

In 2018, North Macedonia exported $10.6M to Japan. The main products exported from North Macedonia to Japan were Raw Tobacco ($2.68M), Insulated Wire ($2.38M), and Knit Sweaters ($1.37M). During the last 5 years the exports of North Macedonia to Japan have increased at an annualized rate of 10.4%, from $6.47M in 2023 to $10.6M in 2018.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$143B
North Macedonia
Top Destination
Germany$4B

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

In 2023, countries that imported more from Japan than North Macedonia included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from North Macedonia than Japan included Serbia ($827M), Bulgaria ($566M), and Greece ($542M).

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

Comparative Advantage Japan - North Macedonia

Flow
Scale

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

During 2023, Japan had a large net trade with North Macedonia in the exports of Machines ($59M), Stone And Glass ($41M), and Transportation ($22.2M).

During 2018, North Macedonia had a large net trade with Japan in the exports of Machines ($3.55M), Foodstuffs ($3.02M), and Textiles ($2.14M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan North Macedonia+$10.4MCars
Top Product Potential North Macedonia Japan+$6.98MInsulated Wire

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

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

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