North Macedonia (MKD) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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North Macedonia-Philippines Trade: In 2023, North Macedonia exported $1.22M to Philippines. The main products that North Macedonia exported to Philippines were Raw Tobacco ($445k), Other Printed Material ($442k), and Other Plastic Products ($60.4k). Over the past 5 years the exports of North Macedonia to Philippines have increased at an annualized rate of 1.42%, from $1.13M in 2018 to $1.22M in 2023.

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

Philippines-North Macedonia Trade: In 2023, Philippines exported $11M to North Macedonia. The main products that Philippines exported to North Macedonia were Semiconductor Devices ($3.11M), Integrated Circuits ($2.5M), and Electrical Capacitors ($1.96M). Over the past 5 years the exports of Philippines to North Macedonia have increased at an annualized rate of 27.6%, from $3.24M in 2018 to $11M in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $1.22M to Philippines. The main products exported from North Macedonia to Philippines were Raw Tobacco ($445k), Other Printed Material ($442k), and Other Plastic Products ($60.4k). During the last 5 years the exports of North Macedonia to Philippines have increased at an annualized rate of 1.42%, from $1.13M in 2018 to $1.22M in 2023.

In 2018, Philippines exported $11M to North Macedonia. The main products exported from Philippines to North Macedonia were Semiconductor Devices ($3.11M), Integrated Circuits ($2.5M), and Electrical Capacitors ($1.96M). During the last 5 years the exports of Philippines to North Macedonia have increased at an annualized rate of 27.6%, from $3.24M in 2023 to $11M in 2018.

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

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

Latest Data

Trade between North Macedonia () and Philippines ()

North Macedonia Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from North Macedonia than Philippines included Serbia ($827M), Greece ($542M), and Bulgaria ($566M).

In 2023, countries that imported more from Philippines than North Macedonia included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage North Macedonia - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Philippines in the exports of Foodstuffs ($483k), Paper Goods ($470k), and Machines ($116k).

During 2018, Philippines had a large net trade with North Macedonia in the exports of Machines ($9.67M), Foodstuffs ($508k), and Instruments ($242k).

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 Philippines+$300kRaw Tobacco

Top Product Potential Philippines North Macedonia+$3.13MIntegrated 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 Philippines. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over North Macedonia.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Philippines ()

North Macedonia Exports

Philippines Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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