2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 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
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

North Macedonia-Cyprus Trade: In 2022, North Macedonia exported $1.38M to Cyprus. The main products that North Macedonia exported to Cyprus were Other Small Iron Pipes ($227k), Other Inorganic Acids ($185k), and Other Plastic Sheetings ($168k). Over the past 5 years the exports of North Macedonia to Cyprus have increased at an annualized rate of 1.61%, from $1.28M in 2017 to $1.38M in 2022.

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

Cyprus-North Macedonia Trade: In 2022, Cyprus exported $1.91M to North Macedonia. The main products that Cyprus exported to North Macedonia were Packaged Medicaments ($1.21M), Light Fixtures ($220k), and Semiconductor Devices ($140k). Over the past 5 years the exports of Cyprus to North Macedonia have decreased at an annualized rate of 6.63%,  from $2.69M in 2017 to $1.91M in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $1.38M to Cyprus. The main products exported from North Macedonia to Cyprus were Other Small Iron Pipes ($227k), Other Inorganic Acids ($185k), and Other Plastic Sheetings ($168k). During the last 5 years the exports of North Macedonia to Cyprus have increased at an annualized rate of 1.61%, from $1.28M in 2017 to $1.38M in 2022.

In 2017, Cyprus exported $1.91M to North Macedonia. The main products exported from Cyprus to North Macedonia were Packaged Medicaments ($1.21M), Light Fixtures ($220k), and Semiconductor Devices ($140k). During the last 5 years the exports of Cyprus to North Macedonia have decreased at an annualized rate of 6.63%, from $2.69M in 2022 to $1.91M in 2017.

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

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

Latest Data

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

North Macedonia Exports

Cyprus Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Cyprus
Top Destination
Hong Kong$482M

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

In 2022, countries that imported more from North Macedonia than Cyprus included Germany ($3.96B), Serbia ($800M), and Bulgaria ($443M).

In 2022, countries that imported more from Cyprus than North Macedonia included Hong Kong ($482M), Lebanon ($329M), and Liberia ($255M).

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

Comparative Advantage North Macedonia - Cyprus

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Cyprus in the exports of Foodstuffs ($525k), Plastics and Rubbers ($279k), and Chemical Products ($263k).

During 2017, Cyprus had a large net trade with North Macedonia in the exports of Chemical Products ($1.27M), Miscellaneous ($220k), and Machines ($218k).

Economic Complexity

Competitive Landscape

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

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

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