North Macedonia / Malaysia | The Observatory of Economic Complexity

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In N/A, North Macedonia did not export any services to Malaysia.

Malaysia-North Macedonia Trade: In N/A, Malaysia exported $45M to North Macedonia. The main products that Malaysia exported to North Macedonia were Integrated Circuits ($22.8M), Semiconductor Devices ($5.07M), and Electrical Capacitors ($2.2M). Over the past N/A years the exports of Malaysia to North Macedonia have increased at an annualized rate of 11.2%, from $26.5M in N/A to $45M in N/A.

In N/A, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

North Macedonia does not register exports to Malaysia. The main products exported from North Macedonia to Malaysia were Electrical Capacitors ($88.9k), Seats ($75.4k), and Low-voltage Protection Equipment ($68.7k).

In 2018, Malaysia exported $45M to North Macedonia. The main products exported from Malaysia to North Macedonia were Integrated Circuits ($22.8M), Semiconductor Devices ($5.07M), and Electrical Capacitors ($2.2M). During the last 5 years the exports of Malaysia to North Macedonia have increased at an annualized rate of 9,05%, from $1.31M in 2023 to $45M in 2018.

Exports from North Macedonia () to Malaysia () (2023)

Exports from Malaysia () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Malaysia ()

North Macedonia Exports

Date

Malaysia Exports

Date

Comparative Advantage North Macedonia - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Malaysia had a large net trade with North Macedonia in the exports of N/A.

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Malaysia+$650kSeats

Top Product Potential Malaysia North Macedonia+$7.93MIntegrated Circuits

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Malaysia () (2023)

Exports from Malaysia () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Malaysia ()

North Macedonia Exports

Malaysia Exports

Comparative Advantage North Macedonia - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Malaysia () (2023)

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