2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
 GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 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
$7,829CURRENT US$
Rnk 98 / 196
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 195

About

North Macedonia-Belarus Trade: In 2023, North Macedonia exported $2.2M to Belarus. The main products that North Macedonia exported to Belarus were Pitted Fruits ($1.24M), Other Fruits ($442k), and Grapes ($212k). Over the past 5 years the exports of North Macedonia to Belarus have decreased at an annualized rate of 22%, from $7.63M in 2018 to $2.2M in 2023.

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

Belarus-North Macedonia Trade: In 2023, Belarus exported $1.21M to North Macedonia. The main products that Belarus exported to North Macedonia were Potatoes ($871k), Other Edible Preparations ($94.5k), and Yeast ($71.6k). Over the past 5 years the exports of Belarus to North Macedonia have decreased at an annualized rate of 3.92%,  from $1.6M in 2018 to $1.21M in 2023.

In 2014, Belarus exported services to North Macedonia worth $2.98k, with Insurance services ($1.98k) and Government services, n.i.e. ($1k) being the largest in terms of value.

Comparison In 2023,  North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index. That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $2.2M to Belarus. The main products exported from North Macedonia to Belarus were Pitted Fruits ($1.24M), Other Fruits ($442k), and Grapes ($212k). During the last 5 years the exports of North Macedonia to Belarus have decreased at an annualized rate of 22%, from $7.63M in 2018 to $2.2M in 2023.

In 2018, Belarus exported $1.21M to North Macedonia. The main products exported from Belarus to North Macedonia were Potatoes ($871k), Other Edible Preparations ($94.5k), and Yeast ($71.6k). During the last 5 years the exports of Belarus to North Macedonia have decreased at an annualized rate of 3.92%, from $1.6M in 2023 to $1.21M in 2018.

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

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

Latest Data

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

North Macedonia Exports

Belarus Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$4B
Belarus
Top Destination
China$2.6B

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

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

In 2023, countries that imported more from Belarus than North Macedonia included China ($2.6B), Kazakhstan ($757M), and Uzbekistan ($509M).

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

Comparative Advantage North Macedonia - Belarus

Flow
Scale

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

During 2023, North Macedonia had a large net trade with Belarus in the exports of Vegetable Products ($1.9M), Machines ($187k), and Paper Goods ($102k).

During 2018, Belarus had a large net trade with North Macedonia in the exports of Vegetable Products ($877k), Foodstuffs ($175k), and Metals ($57.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Belarus+$239kLow-voltage Protection Equipment
Top Product Potential Belarus North Macedonia+$578kInsulated Wire

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

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

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