2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC 
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

North Macedonia-Chinese Taipei Trade: In 2022, North Macedonia exported $2.97M to Chinese Taipei. The main products that North Macedonia exported to Chinese Taipei were Ferroalloys ($805k), Raw Tobacco ($749k), and Machinery Having Individual Functions ($478k). Over the past 5 years the exports of North Macedonia to Chinese Taipei have decreased at an annualized rate of 23.9%, from $11.7M in 2017 to $2.97M in 2022.

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

Chinese Taipei-North Macedonia Trade: In 2022, Chinese Taipei exported $37.7M to North Macedonia. The main products that Chinese Taipei exported to North Macedonia were Styrene Polymers ($6.96M), Ethylene Polymers ($4.88M), and Broadcasting Equipment ($3.06M). Over the past 5 years the exports of Chinese Taipei to North Macedonia have increased at an annualized rate of 3.87%,  from $25.8M in 2017 to $37.7M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $2.97M to Chinese Taipei. The main products exported from North Macedonia to Chinese Taipei were Ferroalloys ($805k), Raw Tobacco ($749k), and Machinery Having Individual Functions ($478k). During the last 5 years the exports of North Macedonia to Chinese Taipei have decreased at an annualized rate of 23.9%, from $11.7M in 2017 to $2.97M in 2022.

In 2017, Chinese Taipei exported $37.7M to North Macedonia. The main products exported from Chinese Taipei to North Macedonia were Styrene Polymers ($6.96M), Ethylene Polymers ($4.88M), and Broadcasting Equipment ($3.06M). During the last 5 years the exports of Chinese Taipei to North Macedonia have increased at an annualized rate of 3.87%, from $25.8M in 2022 to $37.7M in 2017.

Exports from North Macedonia (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to North Macedonia (Flag) (2022)

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from North Macedonia than Chinese Taipei included Serbia ($800M), Greece ($683M), and Bulgaria ($443M).

In 2022, countries that imported more from Chinese Taipei than North Macedonia included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - Chinese Taipei

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Chinese Taipei in the exports of Foodstuffs ($819k), Metals ($807k), and Machines ($720k).

During 2017, Chinese Taipei had a large net trade with North Macedonia in the exports of Machines ($14.2M), Plastics and Rubbers ($12.7M), and Metals ($4.22M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of North Macedonia and Chinese Taipei. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over North Macedonia.

Product Space of North Macedonia (Flag) and Chinese Taipei (Flag) (2022)

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