2022
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GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
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GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
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 GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
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GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
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GDP PC 
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186
2022
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GDP PC
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

North Macedonia-Greece In 2022, North Macedonia exported $683M to Greece. The main products that North Macedonia exported to Greece are Electricity ($428M), Raw Tobacco ($38.6M), and Coated Flat-Rolled Iron ($27.2M). During the last 27 years the exports of North Macedonia to Greece have increased at an annualized rate of 13.1%, from $24.4M in 1995 to $683M in 2022.

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

Greece-North Macedonia In 2022, Greece exported $1.7B to North Macedonia. The main products that Greece exported to North Macedonia were Refined Petroleum ($1.05B), Electricity ($259M), and Semi-Finished Iron ($65.2M). During the last 27 years the exports of Greece to North Macedonia have increased at an annualized rate of 14.5%, from $44.2M in 1995 to $1.7B in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $683M to Greece. The main products exported from North Macedonia to Greece were Electricity ($428M), Raw Tobacco ($38.6M), and Coated Flat-Rolled Iron ($27.2M). During the last 27 years the exports of North Macedonia to Greece have increased at an annualized rate of 13.1%, from $24.4M in 1995 to $683M in 2022.

In 2022, Greece exported $1.7B to North Macedonia. The main products exported from Greece to North Macedonia were Refined Petroleum ($1.05B), Electricity ($259M), and Semi-Finished Iron ($65.2M). During the last 27 years the exports of Greece to North Macedonia have increased at an annualized rate of 14.5%, from $44.2M in 1995 to $1.7B in 2022.

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

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

Latest Data

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

North Macedonia Exports

Greece Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Greece
Top Destination
Italy$5.82B

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

In 2021, countries that imported more from North Macedonia than Greece were Germany ($3.96B), Serbia ($800M), and Bosnia and Herzegovina ($106M).

In 2021, countries that imported more from Greece than North Macedonia were Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

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

Comparative Advantage North Macedonia - Greece

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Greece in the exports of Mineral Products ($438M), Metals ($99.5M), and Foodstuffs ($50M).

During 2022, Greece had a large net trade with North Macedonia in the exports of Mineral Products ($1.36B), Metals ($142M), and Foodstuffs ($32.7M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more North Macedonia has comparative advantage over Greece. Similarly, the more yellow a dot/product is, the more Greece has comparative advantage over North Macedonia.

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

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