2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC 
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

North Macedonia-Angola Trade: In 2022, North Macedonia exported $116k to Angola. The main products that North Macedonia exported to Angola were Non-Knit Men's Suits ($24.8k), Baked Goods ($18k), and Other Aluminium Products ($15.8k). Over the past 10 years the exports of North Macedonia to Angola have increased at an annualized rate of 10.3%, from $43.8k in 2012 to $116k in 2022.

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

Comparison: In 2022,  North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $116k to Angola. The main products exported from North Macedonia to Angola were Non-Knit Men's Suits ($24.8k), Baked Goods ($18k), and Other Aluminium Products ($15.8k). During the last 10 years the exports of North Macedonia to Angola have increased at an annualized rate of 10.3%, from $43.8k in 2012 to $116k in 2022.

Angola does not register exports to North Macedonia. The main products exported from Angola to North Macedonia were Polyacetals ($605k) and Motor vehicles; parts and accessories (8701 to 8705) ($402).

Exports from North Macedonia (Flag) to Angola (Flag) (2022)

Exports from Angola (Flag) to North Macedonia (Flag) (2022)

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Angola
Top Destination
China$21.8B

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

In 2022, countries that imported more from Angola than North Macedonia included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

Difference in imports from Angola (Flag) and North Macedonia (Flag) (2022)

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 2022, North Macedonia had a large net trade with Angola in the exports of Textiles ($45.7k), Metals ($29.1k), and Foodstuffs ($18k).

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) (2022)

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