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Pricing

2023
Flag → Flag
Exports $261kRnk 92 / 160
2023
Flag → Flag
Top Product $79.2kPackaged Medicaments
2023
Flag → Flag
Exports $1.05MRnk 139 / 183
2023
Flag → Flag
Top Product $475kSowing Seeds
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $8,624CURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP PC GROWTH53.3%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

North Macedonia-Chile Trade: In 2023, North Macedonia exported $261k to Chile. The main products that North Macedonia exported to Chile were Packaged Medicaments ($79.2k), Broadcasting Equipment ($60.8k), and Refractory Bricks ($34.1k). Over the past 5 years the exports of North Macedonia to Chile have decreased at an annualized rate of 9.43%, from $429k in 2018 to $261k in 2023.

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

Chile-North Macedonia Trade: In 2023, Chile exported $1.05M to North Macedonia. The main products that Chile exported to North Macedonia were Sowing Seeds ($475k), Non-fillet Frozen Fish ($173k), and Fish Fillets ($145k). Over the past 5 years the exports of Chile to North Macedonia have decreased at an annualized rate of 3.46%,  from $1.26M in 2018 to $1.05M in 2023.

In 2023, Chile 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, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $261k to Chile. The main products exported from North Macedonia to Chile were Packaged Medicaments ($79.2k), Broadcasting Equipment ($60.8k), and Refractory Bricks ($34.1k). During the last 5 years the exports of North Macedonia to Chile have decreased at an annualized rate of 9.43%, from $429k in 2018 to $261k in 2023.

In 2018, Chile exported $1.05M to North Macedonia. The main products exported from Chile to North Macedonia were Sowing Seeds ($475k), Non-fillet Frozen Fish ($173k), and Fish Fillets ($145k). During the last 5 years the exports of Chile to North Macedonia have decreased at an annualized rate of 3.46%, from $1.26M in 2023 to $1.05M in 2018.

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

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

Latest Data

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

North Macedonia Exports

Chile Exports

Market Competitiveness

Color
North Macedonia
Top DestinationGermany$4B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from North Macedonia than Chile included Germany ($4B), Serbia ($827M), and Greece ($542M).

In 2023, countries that imported more from Chile than North Macedonia included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

Comparative Advantage North Macedonia - Chile

Flow
Scale

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

During 2023, North Macedonia had a large net trade with Chile in the exports of Machines ($84.6k), Chemical Products ($79.2k), and Stone And Glass ($34.1k).

During 2018, Chile had a large net trade with North Macedonia in the exports of Vegetable Products ($547k), Animal Products ($321k), and Chemical Products ($94.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Chile+$124kPackaged Medicaments
Top Product Potential Chile North Macedonia+$115kNon-fillet Frozen Fish

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

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

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