2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC 
$8,624CURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP PC GROWTH
53.3%CURRENT US$
Rnk 42 / 195

About

North Macedonia-Greenland Trade: In 2018, North Macedonia exported $11.3k to Greenland. The main products that North Macedonia exported to Greenland were N/A. Over the past 5 years the exports of North Macedonia to Greenland have decreased at an annualized rate of 25.7%, from $49.6k in 2013 to $11.3k in 2018.

In 2018, North Macedonia did not export any services to Greenland.

Greenland-North Macedonia Trade: In 2018, Greenland exported $7.26k to North Macedonia. The main products that Greenland exported to North Macedonia were Fish Fillets ($7.26k). Over the past 5 years the exports of Greenland to North Macedonia have increased at an annualized rate of 74.3%,  from $451 in 2013 to $7.26k in 2018.

In 2018, Greenland did not export any services to North Macedonia.

Comparison In 2023,  North Macedonia ranked 104 in total exports ($10.1B). That same year, Greenland ranked 150 in total exports ($1.66B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, North Macedonia exported $11.3k to Greenland. There were not main exports from North Macedonia to Greenland in 2018. During the last 5 years the exports of North Macedonia to Greenland have decreased at an annualized rate of 25.7%, from $49.6k in 2013 to $11.3k in 2018.

In 2018, Greenland exported $7.26k to North Macedonia. The main products exported from Greenland to North Macedonia were Fish Fillets ($7.26k). During the last 5 years the exports of Greenland to North Macedonia have increased at an annualized rate of 74.3%, from $451 in 2023 to $7.26k in 2018.

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

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

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$4B
Greenland
Top Destination
Denmark$830M

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

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

In 2023, countries that imported more from Greenland than North Macedonia included Denmark ($830M), China ($380M), and Japan ($79.6M).

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

Comparative Advantage North Macedonia - Greenland

Flow
Scale

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

During 2018, North Macedonia had a large net trade with Greenland in the exports of .

During 2018, Greenland had a large net trade with North Macedonia in the exports of Animal Products ($7.26k).

Economic Complexity

Competitive Landscape

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

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

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