North Macedonia (MKD) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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North Macedonia-Iraq Trade: In 2023, North Macedonia exported $4.44M to Iraq. The main products that North Macedonia exported to Iraq were Packaged Medicaments ($2.75M), Flavored Water ($1.08M), and Aqueous Paints ($120k). Over the past 5 years the exports of North Macedonia to Iraq have increased at an annualized rate of 6.15%, from $3.29M in 2018 to $4.44M in 2023.

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

Iraq-North Macedonia Trade: In 2023, Iraq exported $2.08k to North Macedonia. The main products that Iraq exported to North Macedonia were Other Furniture ($390), Household Washing Machines ($200), and Light Fixtures ($190). Over the past 5 years the exports of Iraq to North Macedonia have decreased at an annualized rate of 59.6%, from $479k in 2018 to $2.08k in 2023.

In 2023, Iraq 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, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $4.44M to Iraq. The main products exported from North Macedonia to Iraq were Packaged Medicaments ($2.75M), Flavored Water ($1.08M), and Aqueous Paints ($120k). During the last 5 years the exports of North Macedonia to Iraq have increased at an annualized rate of 6.15%, from $3.29M in 2018 to $4.44M in 2023.

In 2018, Iraq exported $2.08k to North Macedonia. The main products exported from Iraq to North Macedonia were Other Furniture ($390), Household Washing Machines ($200), and Light Fixtures ($190). During the last 5 years the exports of Iraq to North Macedonia have decreased at an annualized rate of 59.6%, from $479k in 2023 to $2.08k in 2018.

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

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

Latest Data

Trade between North Macedonia () and Iraq ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Iraq
Top DestinationChina$35.5B

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

In 2023, countries that imported more from North Macedonia than Iraq included Germany ($4B), Bulgaria ($566M), and Czechia ($344M).

In 2023, countries that imported more from Iraq than North Macedonia included China ($35.5B), India ($29.8B), and United States ($8.92B).

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

Comparative Advantage North Macedonia - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Iraq in the exports of Chemical Products ($2.89M), Foodstuffs ($1.31M), and Machines ($104k).

During 2018, Iraq had a large net trade with North Macedonia in the exports of Miscellaneous ($686), Machines ($635), and Metals ($275).

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 Iraq+$1.54MPackaged Medicaments

Top Product Potential Iraq North Macedonia+$5.64kRefined Petroleum

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 Iraq. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over North Macedonia.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Iraq ()

North Macedonia Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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