North Macedonia (MKD) and Argentina (ARG) Trade | The Observatory of Economic Complexity

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North Macedonia-Argentina Trade: In 2023, North Macedonia exported $1.23M to Argentina. The main products that North Macedonia exported to Argentina were Low-voltage Protection Equipment ($495k), Electric Motors ($320k), and Spice Seeds ($157k). Over the past 5 years the exports of North Macedonia to Argentina have decreased at an annualized rate of 13.1%, from $2.49M in 2018 to $1.23M in 2023.

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

Argentina-North Macedonia Trade: In 2023, Argentina exported $24.8M to North Macedonia. The main products that Argentina exported to North Macedonia were Soybean Meal ($15.6M), Non-fillet Frozen Fish ($3.74M), and Processed Egg Products ($1.3M). Over the past 5 years the exports of Argentina to North Macedonia have increased at an annualized rate of 4.56%, from $19.9M in 2018 to $24.8M in 2023.

In 2023, Argentina 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, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $1.23M to Argentina. The main products exported from North Macedonia to Argentina were Low-voltage Protection Equipment ($495k), Electric Motors ($320k), and Spice Seeds ($157k). During the last 5 years the exports of North Macedonia to Argentina have decreased at an annualized rate of 13.1%, from $2.49M in 2018 to $1.23M in 2023.

In 2018, Argentina exported $24.8M to North Macedonia. The main products exported from Argentina to North Macedonia were Soybean Meal ($15.6M), Non-fillet Frozen Fish ($3.74M), and Processed Egg Products ($1.3M). During the last 5 years the exports of Argentina to North Macedonia have increased at an annualized rate of 4.56%, from $19.9M in 2023 to $24.8M in 2018.

Exports from North Macedonia () to Argentina () (2023)

Exports from Argentina () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Argentina ()

North Macedonia Exports

Date

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Argentina
Top DestinationBrazil$12.1B

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

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

In 2023, countries that imported more from Argentina than North Macedonia included Brazil ($12.1B), United States ($6.27B), and Chile ($5.57B).

Difference in imports from Argentina () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Argentina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Argentina in the exports of Machines ($838k), Vegetable Products ($158k), and Chemical Products ($118k).

During 2018, Argentina had a large net trade with North Macedonia in the exports of Foodstuffs ($15.8M), Animal Products ($5.68M), and Vegetable Products ($2.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Argentina+$299kMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Argentina North Macedonia+$629kCorn

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

Year

This visualization shows the product space at the HS4 level with the flags of North Macedonia and Argentina. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over North Macedonia.

About

Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Argentina () (2023)

Exports from Argentina () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Argentina ()

North Macedonia Exports

Argentina Exports

Market Competitiveness

Difference in imports from Argentina () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Argentina

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Argentina () (2023)

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