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2023
Flag → Flag
Exports $16.7MRnk 32 / 160
2023
Flag → Flag
Top Product $12.2MElectricity
2023
Flag → Flag
Exports $17.3MRnk 54 / 191
2023
Flag → Flag
Top Product $14.1MElectricity
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
 GDP$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC $8,624CURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP PC GROWTH53.3%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195

About

North Macedonia-Luxembourg Trade: In 2023, North Macedonia exported $16.7M to Luxembourg. The main products that North Macedonia exported to Luxembourg were Electricity ($12.2M), Raw Tobacco ($2.79M), and Other Small Iron Pipes ($248k). Over the past 5 years the exports of North Macedonia to Luxembourg have increased at an annualized rate of 28.7%, from $4.74M in 2018 to $16.7M in 2023.

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

Luxembourg-North Macedonia Trade: In 2023, Luxembourg exported $17.3M to North Macedonia. The main products that Luxembourg exported to North Macedonia were Electricity ($14.1M), Rubber Tires ($1.03M), and Iron Blocks ($418k). Over the past 5 years the exports of Luxembourg to North Macedonia have increased at an annualized rate of 36%,  from $3.71M in 2018 to $17.3M in 2023.

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

Comparison In 2023,  North Macedonia ranked 104 in total exports ($10.1B). That same year, Luxembourg ranked 82 in total exports ($18.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $16.7M to Luxembourg. The main products exported from North Macedonia to Luxembourg were Electricity ($12.2M), Raw Tobacco ($2.79M), and Other Small Iron Pipes ($248k). During the last 5 years the exports of North Macedonia to Luxembourg have increased at an annualized rate of 28.7%, from $4.74M in 2018 to $16.7M in 2023.

In 2018, Luxembourg exported $17.3M to North Macedonia. The main products exported from Luxembourg to North Macedonia were Electricity ($14.1M), Rubber Tires ($1.03M), and Iron Blocks ($418k). During the last 5 years the exports of Luxembourg to North Macedonia have increased at an annualized rate of 36%, from $3.71M in 2023 to $17.3M in 2018.

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

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

Market Competitiveness

Color
North Macedonia
Top DestinationGermany$4B
Luxembourg
Top DestinationGermany$3.42B

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 2023, countries that imported more from North Macedonia than Luxembourg included Serbia ($827M), Germany ($4B), and Bulgaria ($566M).

In 2023, countries that imported more from Luxembourg than North Macedonia included France ($2.8B), Belgium ($1.59B), and Netherlands ($1.35B).

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

Comparative Advantage North Macedonia - Luxembourg

Flow
Scale

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

During 2023, North Macedonia had a large net trade with Luxembourg in the exports of Mineral Products ($12.2M), Foodstuffs ($2.95M), and Textiles ($613k).

During 2018, Luxembourg had a large net trade with North Macedonia in the exports of Mineral Products ($14.1M), Plastics and Rubbers ($1.13M), and Chemical Products ($664k).

Economic Complexity

Competitive Landscape

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.

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

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