2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
 GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 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
$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195

About

North Macedonia-Cyprus Trade: In 2023, North Macedonia exported $2.43M to Cyprus. The main products that North Macedonia exported to Cyprus were Eggs ($690k), Other Inorganic Acids ($420k), and Packaged Medicaments ($303k). Over the past 5 years the exports of North Macedonia to Cyprus have increased at an annualized rate of 14.3%, from $1.25M in 2018 to $2.43M in 2023.

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

Cyprus-North Macedonia Trade: In 2023, Cyprus exported $1.93M to North Macedonia. The main products that Cyprus exported to North Macedonia were Packaged Medicaments ($1.55M), Light Fixtures ($153k), and Large Iron Containers ($86.5k). Over the past 5 years the exports of Cyprus to North Macedonia have decreased at an annualized rate of 9.54%,  from $3.18M in 2018 to $1.93M in 2023.

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

Comparison In 2023,  North Macedonia ranked 104 in total exports ($10.1B). That same year, Cyprus ranked 126 in total exports ($5.7B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $2.43M to Cyprus. The main products exported from North Macedonia to Cyprus were Eggs ($690k), Other Inorganic Acids ($420k), and Packaged Medicaments ($303k). During the last 5 years the exports of North Macedonia to Cyprus have increased at an annualized rate of 14.3%, from $1.25M in 2018 to $2.43M in 2023.

In 2018, Cyprus exported $1.93M to North Macedonia. The main products exported from Cyprus to North Macedonia were Packaged Medicaments ($1.55M), Light Fixtures ($153k), and Large Iron Containers ($86.5k). During the last 5 years the exports of Cyprus to North Macedonia have decreased at an annualized rate of 9.54%, from $3.18M in 2023 to $1.93M in 2018.

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

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

Latest Data

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

North Macedonia Exports

Cyprus Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$4B
Cyprus
Top Destination
Libya$775M

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

In 2023, countries that imported more from Cyprus than North Macedonia included Libya ($775M), Lebanon ($438M), and Bermuda ($403M).

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

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 2023, North Macedonia had a large net trade with Cyprus in the exports of Chemical Products ($725k), Animal Products ($690k), and Foodstuffs ($476k).

During 2018, Cyprus had a large net trade with North Macedonia in the exports of Chemical Products ($1.57M), Miscellaneous ($155k), and Metals ($89.9k).

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) (2023)

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