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

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North Macedonia-Norway Trade: In 2022, North Macedonia exported $13.9M to Norway. The main products that North Macedonia exported to Norway were Printed Circuit Boards ($1.52M), Non-Knit Men's Shirts ($1.39M), and Non-Knit Women's Suits ($1.08M). Over the past 5 years the exports of North Macedonia to Norway have increased at an annualized rate of 7.88%, from $9.49M in 2017 to $13.9M in 2022.

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

Norway-North Macedonia Trade: In 2022, Norway exported $5.73M to North Macedonia. The main products that Norway exported to North Macedonia were Non-fillet Fresh Fish ($1.92M), Artificial Graphite ($782k), and Cars ($407k). Over the past 5 years the exports of Norway to North Macedonia have increased at an annualized rate of 2.56%, from $4.68M in 2017 to $5.73M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Macedonia exported $13.9M to Norway. The main products exported from North Macedonia to Norway were Printed Circuit Boards ($1.52M), Non-Knit Men's Shirts ($1.39M), and Non-Knit Women's Suits ($1.08M). During the last 5 years the exports of North Macedonia to Norway have increased at an annualized rate of 7.88%, from $9.49M in 2017 to $13.9M in 2022.

In 2017, Norway exported $5.73M to North Macedonia. The main products exported from Norway to North Macedonia were Non-fillet Fresh Fish ($1.92M), Artificial Graphite ($782k), and Cars ($407k). During the last 5 years the exports of Norway to North Macedonia have increased at an annualized rate of 2.56%, from $4.68M in 2022 to $5.73M in 2017.

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

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

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$3.96B

Norway
Top DestinationGermany$78.1B

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 2022, countries that imported more from North Macedonia than Norway included Serbia ($800M), Bulgaria ($443M), and Hungary ($277M).

In 2022, countries that imported more from Norway than North Macedonia included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

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 2022, North Macedonia had a large net trade with Norway in the exports of Textiles ($5.19M), Machines ($3.38M), and Foodstuffs ($1.65M).

During 2017, Norway had a large net trade with North Macedonia in the exports of Animal Products ($2.05M), Chemical Products ($1.15M), and Machines ($544k).

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 () (2022)

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

Latest Data

Trade between North Macedonia () and Norway ()

North Macedonia Exports

Norway Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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