North Macedonia (MKD) and Indonesia (IDN) Trade | The Observatory of Economic Complexity

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North Macedonia-Indonesia Trade: In 2023, North Macedonia exported $14.4M to Indonesia. The main products that North Macedonia exported to Indonesia were N/A. Over the past 5 years the exports of North Macedonia to Indonesia have increased at an annualized rate of 27.2%, from $4.33M in 2018 to $14.4M in 2023.

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

Indonesia-North Macedonia In N/A, Indonesia did not export any products to North Macedonia.

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

Comparison In 2023, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index. That same year, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $14.4M to Indonesia. There were not main exports from North Macedonia to Indonesia in 2023. During the last 5 years the exports of North Macedonia to Indonesia have increased at an annualized rate of 27.2%, from $4.33M in 2018 to $14.4M in 2023.

Indonesia does not register exports to North Macedonia. The main products exported from Indonesia to North Macedonia were Palm Oil ($10.2M), Unprocessed Synthetic Staple Fibers ($3.42M), and Laboratory Ceramic Ware ($2.88M).

Exports from North Macedonia () to Indonesia () (2023)

Exports from Indonesia () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Indonesia ()

North Macedonia Exports

Date

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationN/AN/A

Indonesia
Top DestinationN/AN/A

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

N/A

Difference in imports from Indonesia () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Indonesia in the exports of N/A.

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Indonesia+$573kRaw Tobacco

Top Product Potential Indonesia North Macedonia+$3.46MCoal Briquettes

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Indonesia () (2023)

Exports from Indonesia () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Indonesia ()

North Macedonia Exports

Indonesia Exports

Market Competitiveness

Difference in imports from Indonesia () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Indonesia () (2023)

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