North Macedonia / Italy

North Macedonia-Italy Trade: In 2022, North Macedonia exported $307M to Italy. The main products that North Macedonia exported to Italy were Hot-Rolled Iron ($40.9M), Other Heating Machinery ($37.4M), and Electric Batteries ($31.1M). Over the past 5 years the exports of North Macedonia to Italy have increased at an annualized rate of 20.5%, from $121M in 2017 to $307M in 2022.

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

Italy-North Macedonia Trade: In 2022, Italy exported $399M to North Macedonia. The main products that Italy exported to North Macedonia were Machinery Having Individual Functions ($12.1M), Packaged Medicaments ($10.9M), and Coffee ($8.56M). Over the past 5 years the exports of Italy to North Macedonia have increased at an annualized rate of 2.37%,  from $355M in 2017 to $399M in 2022.

In 2009, Italy exported services to North Macedonia worth $45.3M, with Services not allocated ($22.6M), Travel ($14.9M), and Transportation ($4.47M) being the largest in terms of value.

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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).