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

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North Macedonia-Iraq Trade: In 2022, North Macedonia exported $3.81M to Iraq. The main products that North Macedonia exported to Iraq were Packaged Medicaments ($2.57M), Flavored Water ($282k), and Apples and Pears ($237k). Over the past 6 years the exports of North Macedonia to Iraq have increased at an annualized rate of 12%, from $1.93M in 2016 to $3.81M in 2022.

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

Iraq-North Macedonia Trade: In 2022, Iraq exported $1.06M to North Macedonia. The main products that Iraq exported to North Macedonia were N/A. Over the past 6 years the exports of Iraq to North Macedonia have increased at an annualized rate of 87%, from $13.3k in 2016 to $1.06M in 2022.

In 2022, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Macedonia exported $3.81M to Iraq. The main products exported from North Macedonia to Iraq were Packaged Medicaments ($2.57M), Flavored Water ($282k), and Apples and Pears ($237k). During the last 6 years the exports of North Macedonia to Iraq have increased at an annualized rate of 12%, from $1.93M in 2016 to $3.81M in 2022.

In 2015, Iraq exported $1.06M to North Macedonia. There were not main exports from Iraq to North Macedonia in 2015. During the last 5 years the exports of Iraq to North Macedonia have increased at an annualized rate of 87%, from $13.3k in 2020 to $1.06M in 2015.

Exports from North Macedonia () to Iraq () (2022)

Exports from Iraq () to North Macedonia () (2022)

Latest Data

Trade between North Macedonia () and Iraq ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Iraq
Top DestinationIndia$38.8B

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 2022, countries that imported more from North Macedonia than Iraq included Germany ($3.96B), Bulgaria ($443M), and Hungary ($277M).

In 2022, countries that imported more from Iraq than North Macedonia included India ($38.8B), China ($34B), and United States ($10.3B).

Difference in imports from Iraq () and North Macedonia () (2022)

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 2022, North Macedonia had a large net trade with Iraq in the exports of Chemical Products ($2.57M), Foodstuffs ($710k), and Vegetable Products ($388k).

During 2015, Iraq had a large net trade with North Macedonia in the exports of .

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.

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Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Iraq () (2022)

Exports from Iraq () to North Macedonia () (2022)

Latest Data

Trade between North Macedonia () and Iraq ()

North Macedonia Exports

Market Competitiveness

Difference in imports from Iraq () and North Macedonia () (2022)

Comparative Advantage North Macedonia - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Iraq () (2022)

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