2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC 
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

In N/A, North Macedonia did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-North Macedonia Trade: In N/A, British Indian Ocean Territory exported $1.08k to North Macedonia. The main products that British Indian Ocean Territory exported to North Macedonia were Integrated Circuits ($1.08k). Over the past N/A years the exports of British Indian Ocean Territory to North Macedonia have decreased at an annualized rate of 4.33%,  from $1.35k in N/A to $1.08k in N/A.

In N/A, British Indian Ocean Territory 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, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

North Macedonia does not register exports to British Indian Ocean Territory.

In 2017, British Indian Ocean Territory exported $1.08k to North Macedonia. The main products exported from British Indian Ocean Territory to North Macedonia were Integrated Circuits ($1.08k). During the last 5 years the exports of British Indian Ocean Territory to North Macedonia have decreased at an annualized rate of 4.33%, from $1.35k in 2022 to $1.08k in 2017.

Exports from North Macedonia (Flag) to British Indian Ocean Territory (Flag) (2022)

Exports from British Indian Ocean Territory (Flag) to North Macedonia (Flag) (2022)

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from North Macedonia than British Indian Ocean Territory included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

In 2022, countries that imported more from British Indian Ocean Territory than North Macedonia included Singapore ($4.42M) and Uzbekistan ($280k).

Difference in imports from British Indian Ocean Territory (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - British Indian Ocean Territory

Flow
Scale

This chart compares trade between North Macedonia and British Indian Ocean Territory by product, considering products traded by both, North Macedonia and British Indian Ocean Territory.

During 2017, British Indian Ocean Territory had a large net trade with North Macedonia in the exports of Machines ($1.08k).

Economic Complexity

Competitive Landscape

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

Product Space of North Macedonia (Flag) and British Indian Ocean Territory (Flag) (2022)

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