North Macedonia (MKD) and Luxembourg (LUX) Trade | The Observatory of Economic Complexity

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North Macedonia-Luxembourg Trade: In 2022, North Macedonia exported $27.3M to Luxembourg. The main products that North Macedonia exported to Luxembourg were Electricity ($23.2M), Raw Tobacco ($2.38M), and Insulated Wire ($495k). Over the past 5 years the exports of North Macedonia to Luxembourg have increased at an annualized rate of 44.4%, from $4.36M in 2017 to $27.3M in 2022.

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

Luxembourg-North Macedonia Trade: In 2022, Luxembourg exported $55.8M to North Macedonia. The main products that Luxembourg exported to North Macedonia were Electricity ($53.1M), Rubber Tires ($620k), and Iron Blocks ($403k). Over the past 5 years the exports of Luxembourg to North Macedonia have increased at an annualized rate of 95.9%, from $1.94M in 2017 to $55.8M in 2022.

In 2022, Luxembourg 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, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Macedonia exported $27.3M to Luxembourg. The main products exported from North Macedonia to Luxembourg were Electricity ($23.2M), Raw Tobacco ($2.38M), and Insulated Wire ($495k). During the last 5 years the exports of North Macedonia to Luxembourg have increased at an annualized rate of 44.4%, from $4.36M in 2017 to $27.3M in 2022.

In 2017, Luxembourg exported $55.8M to North Macedonia. The main products exported from Luxembourg to North Macedonia were Electricity ($53.1M), Rubber Tires ($620k), and Iron Blocks ($403k). During the last 5 years the exports of Luxembourg to North Macedonia have increased at an annualized rate of 95.9%, from $1.94M in 2022 to $55.8M in 2017.

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

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

Latest Data

Trade between North Macedonia () and Luxembourg ()

North Macedonia Exports

Date

Luxembourg Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Luxembourg
Top DestinationGermany$4.15B

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

In 2022, countries that imported more from North Macedonia than Luxembourg included Serbia ($800M), Greece ($683M), and Bulgaria ($443M).

In 2022, countries that imported more from Luxembourg than North Macedonia included France ($3.07B), Belgium ($2.09B), and Netherlands ($1.58B).

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

Comparative Advantage North Macedonia - Luxembourg

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Macedonia had a large net trade with Luxembourg in the exports of Mineral Products ($23.2M), Foodstuffs ($2.39M), and Textiles ($581k).

During 2017, Luxembourg had a large net trade with North Macedonia in the exports of Mineral Products ($53.1M), Plastics and Rubbers ($726k), and Metals ($577k).

Potential Exports

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Luxembourg ()

North Macedonia Exports

Luxembourg Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Luxembourg

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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