2022
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GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
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GDP GROWTH
39.2%CURRENT US$
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2022
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 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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GDP PC 
$6,591CURRENT US$
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2012-2022
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GDP PC GROWTH
39.4%CURRENT US$
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2022
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GDP PC
$15,345CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

North Macedonia-Russia In 2022, North Macedonia exported $54.1M to Russia. The main products that North Macedonia exported to Russia are Packaged Medicaments ($28.3M), Apples and Pears ($5.47M), and Pitted Fruits ($5.2M). During the last 27 years the exports of North Macedonia to Russia have decreased at an annualized rate of 1.75%, from $87.2M in 1995 to $54.1M in 2022.

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

Russia-North Macedonia In 2022, Russia exported $386M to North Macedonia. The main products that Russia exported to North Macedonia were Petroleum Gas ($294M), Semi-Finished Iron ($54.6M), and Refined Petroleum ($10.3M). During the last 27 years the exports of Russia to North Macedonia have increased at an annualized rate of 7.47%, from $55.2M in 1995 to $386M in 2022.

In 2020, Russia exported services to North Macedonia worth $2.21M, with Other business services ($697k), Transportation ($543k), and Travel ($520k) being the largest in terms of value.

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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $54.1M to Russia. The main products exported from North Macedonia to Russia were Packaged Medicaments ($28.3M), Apples and Pears ($5.47M), and Pitted Fruits ($5.2M). During the last 27 years the exports of North Macedonia to Russia have decreased at an annualized rate of 1.75%, from $87.2M in 1995 to $54.1M in 2022.

In 2022, Russia exported $386M to North Macedonia. The main products exported from Russia to North Macedonia were Petroleum Gas ($294M), Semi-Finished Iron ($54.6M), and Refined Petroleum ($10.3M). During the last 27 years the exports of Russia to North Macedonia have increased at an annualized rate of 7.47%, from $55.2M in 1995 to $386M in 2022.

Exports from North Macedonia (Flag) to Russia (Flag) (2022)

Exports from Russia (Flag) to North Macedonia (Flag) (2022)

Latest Data

Trade between North Macedonia (Flag) and Russia (Flag)

North Macedonia Exports

Russia Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Russia
Top Destination
China$101B

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

In 2021, countries that imported more from North Macedonia than Russia were Albania ($115M), Montenegro ($40.3M), and Saudi Arabia ($13.4M).

In 2021, countries that imported more from Russia than North Macedonia were China ($101B), India ($40.4B), and Turkey ($25.3B).

Difference in imports from Russia (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - Russia

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Russia in the exports of Chemical Products ($28.3M), Vegetable Products ($23.1M), and Foodstuffs ($1.15M).

During 2022, Russia had a large net trade with North Macedonia in the exports of Mineral Products ($305M), Metals ($56.7M), and Chemical Products ($13M).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to North Macedonia worth $2.21M, with Other business services ($697k), Transportation ($543k), and Travel ($520k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to North Macedonia (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more North Macedonia has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over North Macedonia.

Product Space of North Macedonia (Flag) and Russia (Flag) (2022)

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