North Macedonia (MKD) and Norway (NOR) Trade | The Observatory of Economic Complexity

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North Macedonia-Norway Trade: In 2023, North Macedonia exported $15.3M to Norway. The main products that North Macedonia exported to Norway were Printed Circuit Boards ($1.68M), Non-Knit Men's Shirts ($1.66M), and Non-Knit Women's Suits ($1.5M). Over the past 5 years the exports of North Macedonia to Norway have increased at an annualized rate of 12.9%, from $8.32M in 2018 to $15.3M in 2023.

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

Norway-North Macedonia Trade: In 2023, Norway exported $7.39M to North Macedonia. The main products that Norway exported to North Macedonia were Non-fillet Fresh Fish ($1.91M), Cars ($1.32M), and Ferroalloys ($448k). Over the past 5 years the exports of Norway to North Macedonia have increased at an annualized rate of 6.11%, from $5.49M in 2018 to $7.39M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $15.3M to Norway. The main products exported from North Macedonia to Norway were Printed Circuit Boards ($1.68M), Non-Knit Men's Shirts ($1.66M), and Non-Knit Women's Suits ($1.5M). During the last 5 years the exports of North Macedonia to Norway have increased at an annualized rate of 12.9%, from $8.32M in 2018 to $15.3M in 2023.

In 2018, Norway exported $7.39M to North Macedonia. The main products exported from Norway to North Macedonia were Non-fillet Fresh Fish ($1.91M), Cars ($1.32M), and Ferroalloys ($448k). During the last 5 years the exports of Norway to North Macedonia have increased at an annualized rate of 6.11%, from $5.49M in 2023 to $7.39M in 2018.

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

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

Latest Data

Trade between North Macedonia () and Norway ()

North Macedonia Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from North Macedonia than Norway included Serbia ($827M), Bulgaria ($566M), and Albania ($150M).

In 2023, countries that imported more from Norway than North Macedonia included United Kingdom ($32.6B), Germany ($33.8B), and Sweden ($15.9B).

Difference in imports from Norway () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Norway in the exports of Textiles ($6.15M), Machines ($2.84M), and Foodstuffs ($2.37M).

During 2018, Norway had a large net trade with North Macedonia in the exports of Animal Products ($2.06M), Transportation ($1.54M), and Machines ($1M).

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 Norway+$1.01MSeats

Top Product Potential Norway North Macedonia+$444kNon-fillet Fresh Fish

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Norway ()

North Macedonia Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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