North Macedonia (MKD) and Oman (OMN) Trade | The Observatory of Economic Complexity

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North Macedonia-Oman Trade: In 2023, North Macedonia exported $238k to Oman. The main products that North Macedonia exported to Oman were Electric Batteries ($217k), Other Measuring Instruments ($5.13k), and Aluminium Bars ($2.42k). Over the past 5 years the exports of North Macedonia to Oman have increased at an annualized rate of 5.37%, from $183k in 2018 to $238k in 2023.

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

Oman-North Macedonia Trade: In 2023, Oman exported $2.16M to North Macedonia. The main products that Oman exported to North Macedonia were Raw Iron Bars ($2.12M), Perfumes ($19.4k), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($14k). Over the past 5 years the exports of Oman to North Macedonia have increased at an annualized rate of 28.6%, from $613k in 2018 to $2.16M in 2023.

In 2023, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $238k to Oman. The main products exported from North Macedonia to Oman were Electric Batteries ($217k), Other Measuring Instruments ($5.13k), and Aluminium Bars ($2.42k). During the last 5 years the exports of North Macedonia to Oman have increased at an annualized rate of 5.37%, from $183k in 2018 to $238k in 2023.

In 2018, Oman exported $2.16M to North Macedonia. The main products exported from Oman to North Macedonia were Raw Iron Bars ($2.12M), Perfumes ($19.4k), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($14k). During the last 5 years the exports of Oman to North Macedonia have increased at an annualized rate of 28.6%, from $613k in 2023 to $2.16M in 2018.

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

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

Latest Data

Trade between North Macedonia () and Oman ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Oman
Top DestinationChina$30.2B

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

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

In 2023, countries that imported more from Oman than North Macedonia included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Comparative Advantage North Macedonia - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Oman in the exports of Machines ($221k), Instruments ($5.13k), and Transportation ($3.18k).

During 2018, Oman had a large net trade with North Macedonia in the exports of Metals ($2.12M), Chemical Products ($33.3k), and Footwear and Headwear ($1.2k).

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 Oman+$253kElectric Batteries

Top Product Potential Oman North Macedonia+$64.3kAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Oman ()

North Macedonia Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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