North Macedonia (MKD) and Turkey (TUR) Trade | The Observatory of Economic Complexity

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North Macedonia-Turkey Trade: In 2023, North Macedonia exported $224M to Turkey. The main products that North Macedonia exported to Turkey were Hot-Rolled Iron ($82.7M), Insulated Wire ($12.5M), and Electric Batteries ($11.7M). Over the past 5 years the exports of North Macedonia to Turkey have increased at an annualized rate of 12.4%, from $125M in 2018 to $224M in 2023.

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

Turkey-North Macedonia Trade: In 2023, Turkey exported $712M to North Macedonia. The main products that Turkey exported to North Macedonia were Hot-Rolled Iron ($38.4M), Aluminium Bars ($26.2M), and Iron Structures ($25.2M). Over the past 5 years the exports of Turkey to North Macedonia have increased at an annualized rate of 10.3%, from $436M in 2018 to $712M in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $224M to Turkey. The main products exported from North Macedonia to Turkey were Hot-Rolled Iron ($82.7M), Insulated Wire ($12.5M), and Electric Batteries ($11.7M). During the last 5 years the exports of North Macedonia to Turkey have increased at an annualized rate of 12.4%, from $125M in 2018 to $224M in 2023.

In 2018, Turkey exported $712M to North Macedonia. The main products exported from Turkey to North Macedonia were Hot-Rolled Iron ($38.4M), Aluminium Bars ($26.2M), and Iron Structures ($25.2M). During the last 5 years the exports of Turkey to North Macedonia have increased at an annualized rate of 10.3%, from $436M in 2023 to $712M in 2018.

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

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

Latest Data

Trade between North Macedonia () and Turkey ()

North Macedonia Exports

Date

Turkey Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Turkey
Top DestinationGermany$24.7B

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

In 2023, countries that imported more from North Macedonia than Turkey included Saint Pierre and Miquelon ($31.3k) and Saint Martin ($6.21k).

In 2023, countries that imported more from Turkey than North Macedonia included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

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

Comparative Advantage North Macedonia - Turkey

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Turkey in the exports of Metals ($102M), Machines ($52.3M), and Textiles ($21.4M).

During 2018, Turkey had a large net trade with North Macedonia in the exports of Metals ($189M), Textiles ($115M), and Machines ($114M).

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 Turkey+$7.26MInsulated Wire

Top Product Potential Turkey North Macedonia+$5.16MCars

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Turkey ()

North Macedonia Exports

Turkey Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Turkey

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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