North Macedonia (MKD) and China (CHN) Trade | The Observatory of Economic Complexity

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North Macedonia-China Trade: In 2023, North Macedonia exported $123M to China. The main products that North Macedonia exported to China were Ferroalloys ($43.6M), Marble, Travertine and Alabaster ($34.8M), and Electric Motors ($15.5M). Over the past 5 years the exports of North Macedonia to China have increased at an annualized rate of 9.68%, from $77.4M in 2018 to $123M in 2023.

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

China-North Macedonia Trade: In 2023, China exported $1.06B to North Macedonia. The main products that China exported to North Macedonia were Semiconductor Devices ($123M), Broadcasting Equipment ($70.5M), and Hot-Rolled Iron ($70.4M). Over the past 5 years the exports of China to North Macedonia have increased at an annualized rate of 15.4%, from $518M in 2018 to $1.06B in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $123M to China. The main products exported from North Macedonia to China were Ferroalloys ($43.6M), Marble, Travertine and Alabaster ($34.8M), and Electric Motors ($15.5M). During the last 5 years the exports of North Macedonia to China have increased at an annualized rate of 9.68%, from $77.4M in 2018 to $123M in 2023.

In 2018, China exported $1.06B to North Macedonia. The main products exported from China to North Macedonia were Semiconductor Devices ($123M), Broadcasting Equipment ($70.5M), and Hot-Rolled Iron ($70.4M). During the last 5 years the exports of China to North Macedonia have increased at an annualized rate of 15.4%, from $518M in 2023 to $1.06B in 2018.

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

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

Latest Data

Trade between North Macedonia () and China ()

North Macedonia Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

China
Top DestinationUnited States$436B

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

In 2023, countries that imported more from North Macedonia than China included Saint Pierre and Miquelon ($31.3k) and Saint Martin ($6.21k).

In 2023, countries that imported more from China than North Macedonia included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage North Macedonia - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with China in the exports of Metals ($44.3M), Mineral Products ($40.7M), and Machines ($28.9M).

During 2018, China had a large net trade with North Macedonia in the exports of Machines ($592M), Metals ($144M), and Textiles ($79.5M).

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 China+$17.6MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential China North Macedonia+$39.6MTelephones

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and China ()

North Macedonia Exports

China Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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