Marshall Islands (MHL) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

About

Marshall Islands-North Macedonia Trade: In 2021, Marshall Islands exported $3k to North Macedonia. The main products that Marshall Islands exported to North Macedonia were N/A. Over the past 8 years the exports of Marshall Islands to North Macedonia have increased at an annualized rate of 38.6%, from $221 in 2013 to $3k in 2021.

In 2021, Marshall Islands did not export any services to North Macedonia.

North Macedonia-Marshall Islands In N/A, North Macedonia did not export any products to Marshall Islands.

In 2021, North Macedonia did not export any services to Marshall Islands.

Comparison In 2022, Marshall Islands ranked 160 in total exports ($1.1B), 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).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Marshall Islands exported $3k to North Macedonia. There were not main exports from Marshall Islands to North Macedonia in 2021. During the last 8 years the exports of Marshall Islands to North Macedonia have increased at an annualized rate of 38.6%, from $221 in 2013 to $3k in 2021.

North Macedonia does not register exports to Marshall Islands.

Exports from Marshall Islands () to North Macedonia () (2021)

Exports from North Macedonia () to Marshall Islands () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Marshall Islands
Top DestinationGermany$327M

North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Marshall Islands than North Macedonia included Denmark ($159M), Malta ($66.2M), and Indonesia ($58.1M).

In 2022, countries that imported more from North Macedonia than Marshall Islands included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia () and Marshall Islands () (2022)

Comparative Advantage Marshall Islands - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Marshall Islands had a large net trade with North Macedonia in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Marshall Islands and North Macedonia. This means that a dot/product with the flag of Marshall Islands 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 Marshall Islands.

About

Historical Data

Bilateral Trade by Products

Exports from Marshall Islands () to North Macedonia () (2021)

Exports from North Macedonia () to Marshall Islands () (2021)

Market Competitiveness

Difference in imports from North Macedonia () and Marshall Islands () (2022)

Comparative Advantage Marshall Islands - North Macedonia

Economic Complexity

Competitive Landscape

Product Space of Marshall Islands () and North Macedonia () (2021)

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