2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
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GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
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 GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH
-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
GDP PC 
$8,624CURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP PC GROWTH
53.3%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC
$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195

About

North Macedonia-Japan Trade: In 2023, North Macedonia exported $10.6M to Japan. The main products that North Macedonia exported to Japan were Raw Tobacco ($2.68M), Insulated Wire ($2.38M), and Knit Sweaters ($1.37M). Over the past 5 years the exports of North Macedonia to Japan have increased at an annualized rate of 10.4%, from $6.47M in 2018 to $10.6M in 2023.

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

Japan-North Macedonia Trade: In 2023, Japan exported $155M to North Macedonia. The main products that Japan exported to North Macedonia were Laboratory Ceramic Ware ($40.7M), Cars ($12.8M), and Large Construction Vehicles ($11.1M). Over the past 5 years the exports of Japan to North Macedonia have increased at an annualized rate of 3.68%,  from $129M in 2018 to $155M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $10.6M to Japan. The main products exported from North Macedonia to Japan were Raw Tobacco ($2.68M), Insulated Wire ($2.38M), and Knit Sweaters ($1.37M). During the last 5 years the exports of North Macedonia to Japan have increased at an annualized rate of 10.4%, from $6.47M in 2018 to $10.6M in 2023.

In 2018, Japan exported $155M to North Macedonia. The main products exported from Japan to North Macedonia were Laboratory Ceramic Ware ($40.7M), Cars ($12.8M), and Large Construction Vehicles ($11.1M). During the last 5 years the exports of Japan to North Macedonia have increased at an annualized rate of 3.68%, from $129M in 2023 to $155M in 2018.

Exports from North Macedonia (Flag) to Japan (Flag) (2023)

Exports from Japan (Flag) to North Macedonia (Flag) (2023)

Latest Data

Trade between North Macedonia (Flag) and Japan (Flag)

North Macedonia Exports

Japan Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$4B
Japan
Top Destination
United States$143B

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

In 2023, countries that imported more from North Macedonia than Japan included Serbia ($827M), Bulgaria ($566M), and Greece ($542M).

In 2023, countries that imported more from Japan than North Macedonia included United States ($143B), China ($138B), and Chinese Taipei ($43B).

Difference in imports from Japan (Flag) and North Macedonia (Flag) (2023)

Comparative Advantage North Macedonia - Japan

Flow
Scale

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

During 2023, North Macedonia had a large net trade with Japan in the exports of Machines ($3.55M), Foodstuffs ($3.02M), and Textiles ($2.14M).

During 2018, Japan had a large net trade with North Macedonia in the exports of Machines ($59M), Stone And Glass ($41M), and Transportation ($22.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Japan+$6.98MInsulated Wire
Top Product Potential Japan North Macedonia+$10.4MCars

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

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

Product Space of North Macedonia (Flag) and Japan (Flag) (2023)

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