2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
 GDP
$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH
-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC 
$8,624CURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP PC GROWTH
53.3%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC
$2,308CURRENT US$
Rnk 151 / 196
2013-2023
Flag
GDP PC GROWTH
-54.4%CURRENT US$
Rnk 194 / 195

About

North Macedonia-Angola Trade: In 2023, North Macedonia exported $422k to Angola. The main products that North Macedonia exported to Angola were Recovered Paper Pulp ($237k), Iron Fasteners ($36.4k), and Other Iron Products ($31.1k). Over the past 10 years the exports of North Macedonia to Angola have increased at an annualized rate of 15.2%, from $102k in 2013 to $422k in 2023.

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

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

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

Comparison In 2023,  North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index. That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $422k to Angola. The main products exported from North Macedonia to Angola were Recovered Paper Pulp ($237k), Iron Fasteners ($36.4k), and Other Iron Products ($31.1k). During the last 10 years the exports of North Macedonia to Angola have increased at an annualized rate of 15.2%, from $102k in 2013 to $422k in 2023.

Angola does not register exports to North Macedonia. The main products exported from Angola to North Macedonia were Other Measuring Instruments ($2.12k) and Electrical Control Boards ($707).

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

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

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$4B
Angola
Top Destination
China$17.1B

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

In 2023, countries that imported more from North Macedonia than Angola included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

In 2023, countries that imported more from Angola than North Macedonia included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

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

Comparative Advantage North Macedonia - Angola

Flow
Scale

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

During 2023, North Macedonia had a large net trade with Angola in the exports of Paper Goods ($237k), Metals ($96.9k), and Textiles ($55.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Angola+$45.6kBaked Goods
Top Product Potential Angola North Macedonia+$4.57kPetroleum Gas

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 North Macedonia and Angola. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over North Macedonia.

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

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