2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 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
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

North Macedonia-Estonia Trade: In 2023, North Macedonia exported $2.41M to Estonia. The main products that North Macedonia exported to Estonia were Insulated Wire ($788k), Other Vegetables ($203k), and Chocolate ($196k). Over the past 5 years the exports of North Macedonia to Estonia have decreased at an annualized rate of 9.74%, from $4.03M in 2018 to $2.41M in 2023.

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

Estonia-North Macedonia Trade: In 2023, Estonia exported $4.24M to North Macedonia. The main products that Estonia exported to North Macedonia were Machinery Having Individual Functions ($384k), Stone Processing Machines ($298k), and Peat ($251k). Over the past 5 years the exports of Estonia to North Macedonia have increased at an annualized rate of 24.4%,  from $1.43M in 2018 to $4.24M in 2023.

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

Comparison In 2023,  North Macedonia ranked 104 in total exports ($10.1B). That same year, Estonia ranked 79 in total exports ($20B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $2.41M to Estonia. The main products exported from North Macedonia to Estonia were Insulated Wire ($788k), Other Vegetables ($203k), and Chocolate ($196k). During the last 5 years the exports of North Macedonia to Estonia have decreased at an annualized rate of 9.74%, from $4.03M in 2018 to $2.41M in 2023.

In 2018, Estonia exported $4.24M to North Macedonia. The main products exported from Estonia to North Macedonia were Machinery Having Individual Functions ($384k), Stone Processing Machines ($298k), and Peat ($251k). During the last 5 years the exports of Estonia to North Macedonia have increased at an annualized rate of 24.4%, from $1.43M in 2023 to $4.24M in 2018.

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

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

Latest Data

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

North Macedonia Exports

Estonia Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$4B
Estonia
Top Destination
Finland$2.71B

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

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

In 2023, countries that imported more from Estonia than North Macedonia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

Comparative Advantage North Macedonia - Estonia

Flow
Scale

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

During 2023, North Macedonia had a large net trade with Estonia in the exports of Machines ($1.04M), Vegetable Products ($677k), and Foodstuffs ($391k).

During 2018, Estonia had a large net trade with North Macedonia in the exports of Machines ($1.39M), Chemical Products ($539k), and Foodstuffs ($508k).

Economic Complexity

Competitive Landscape

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

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

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