2023
Flag  
GDP
$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 36 / 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 
$6,729CURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP PC GROWTH
103%CURRENT US$
Rnk 8 / 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

Moldova-North Macedonia Trade: In 2023, Moldova exported $7.31M to North Macedonia. The main products that Moldova exported to North Macedonia were Utility Meters ($1.83M), Glass Bottles ($1.8M), and Other Nuts ($637k). Over the past 5 years the exports of Moldova to North Macedonia have increased at an annualized rate of 18.5%, from $3.12M in 2018 to $7.31M in 2023.

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

North Macedonia-Moldova Trade: In 2023, North Macedonia exported $7.97M to Moldova. The main products that North Macedonia exported to Moldova were Packaged Medicaments ($2.18M), Cabbages ($1.82M), and Plastic Pipes ($1.51M). Over the past 5 years the exports of North Macedonia to Moldova have increased at an annualized rate of 13.1%,  from $4.3M in 2018 to $7.97M in 2023.

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

Comparison In 2023,  Moldova ranked 68 in the Economic Complexity Index (ECI -0.13),  and 131 in total exports ($4.81B). 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, Moldova exported $7.31M to North Macedonia. The main products exported from Moldova to North Macedonia were Utility Meters ($1.83M), Glass Bottles ($1.8M), and Other Nuts ($637k). During the last 5 years the exports of Moldova to North Macedonia have increased at an annualized rate of 18.5%, from $3.12M in 2018 to $7.31M in 2023.

In 2018, North Macedonia exported $7.97M to Moldova. The main products exported from North Macedonia to Moldova were Packaged Medicaments ($2.18M), Cabbages ($1.82M), and Plastic Pipes ($1.51M). During the last 5 years the exports of North Macedonia to Moldova have increased at an annualized rate of 13.1%, from $4.3M in 2023 to $7.97M in 2018.

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

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

Latest Data

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

Moldova Exports

North Macedonia Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.5B
North Macedonia
Top Destination
Germany$4B

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

In 2023, countries that imported more from Moldova than North Macedonia included Romania ($1.5B), Ukraine ($616M), and Russia ($144M).

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

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

Comparative Advantage Moldova - North Macedonia

Flow
Scale

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

During 2023, Moldova had a large net trade with North Macedonia in the exports of Vegetable Products ($1.9M), Stone And Glass ($1.84M), and Instruments ($1.84M).

During 2018, North Macedonia had a large net trade with Moldova in the exports of Vegetable Products ($2.63M), Chemical Products ($2.24M), and Plastics and Rubbers ($1.59M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova North Macedonia+$382kSeed Oils
Top Product Potential North Macedonia Moldova+$875kRefined Petroleum

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

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

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