2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 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
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186

About

North Macedonia-Bermuda Trade: In 2022, North Macedonia exported $21 to Bermuda. The main products that North Macedonia exported to Bermuda were Mattresses ($21). Over the past 5 years the exports of North Macedonia to Bermuda have decreased at an annualized rate of 70.5%, from $9.35k in 2017 to $21 in 2022.

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

Bermuda-North Macedonia Trade: In 2022, Bermuda exported $84 to North Macedonia. The main products that Bermuda exported to North Macedonia were N/A. Over the past 5 years the exports of Bermuda to North Macedonia have decreased at an annualized rate of 44.5%,  from $1.59k in 2017 to $84 in 2022.

In 2022, Bermuda 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, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $21 to Bermuda. The main products exported from North Macedonia to Bermuda were Mattresses ($21). During the last 5 years the exports of North Macedonia to Bermuda have decreased at an annualized rate of 70.5%, from $9.35k in 2017 to $21 in 2022.

In 2016, Bermuda exported $84 to North Macedonia. There were not main exports from Bermuda to North Macedonia in 2016. During the last 5 years the exports of Bermuda to North Macedonia have decreased at an annualized rate of 44.5%, from $1.59k in 2021 to $84 in 2016.

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

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

Latest Data

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

North Macedonia Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Bermuda
Top Destination
Zambia$17.5M

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

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

In 2022, countries that imported more from Bermuda than North Macedonia included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

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

Comparative Advantage North Macedonia - Bermuda

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Bermuda in the exports of Miscellaneous ($21).

During 2016, Bermuda had a large net trade with North Macedonia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of North Macedonia (Flag) and Bermuda (Flag) (2022)

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