2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
 GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 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
$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195

About

North Macedonia-Morocco Trade: In 2023, North Macedonia exported $8.07M to Morocco. The main products that North Macedonia exported to Morocco were Raw Tobacco ($3.96M), Medical Instruments ($1.54M), and Glass Mirrors ($721k). Over the past 5 years the exports of North Macedonia to Morocco have increased at an annualized rate of 35.5%, from $1.76M in 2018 to $8.07M in 2023.

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

Morocco-North Macedonia Trade: In 2023, Morocco exported $22.2M to North Macedonia. The main products that Morocco exported to North Macedonia were Raw Sugar ($5.1M), Insulated Wire ($4.36M), and Non-Knit Women's Suits ($2.22M). Over the past 5 years the exports of Morocco to North Macedonia have decreased at an annualized rate of 1.38%,  from $23.8M in 2018 to $22.2M in 2023.

In 2023, Morocco 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, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $8.07M to Morocco. The main products exported from North Macedonia to Morocco were Raw Tobacco ($3.96M), Medical Instruments ($1.54M), and Glass Mirrors ($721k). During the last 5 years the exports of North Macedonia to Morocco have increased at an annualized rate of 35.5%, from $1.76M in 2018 to $8.07M in 2023.

In 2018, Morocco exported $22.2M to North Macedonia. The main products exported from Morocco to North Macedonia were Raw Sugar ($5.1M), Insulated Wire ($4.36M), and Non-Knit Women's Suits ($2.22M). During the last 5 years the exports of Morocco to North Macedonia have decreased at an annualized rate of 1.38%, from $23.8M in 2023 to $22.2M in 2018.

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

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

Latest Data

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

North Macedonia Exports

Morocco Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$4B
Morocco
Top Destination
Spain$9.8B

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

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

In 2023, countries that imported more from Morocco than North Macedonia included Spain ($9.8B), France ($8.23B), and United Kingdom ($2.49B).

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

Comparative Advantage North Macedonia - Morocco

Flow
Scale

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

During 2023, North Macedonia had a large net trade with Morocco in the exports of Foodstuffs ($3.99M), Instruments ($1.54M), and Machines ($887k).

During 2018, Morocco had a large net trade with North Macedonia in the exports of Machines ($9.49M), Textiles ($5.92M), and Foodstuffs ($5.36M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Morocco+$1.41MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Morocco North Macedonia+$4.65MInsulated Wire

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

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

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