2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
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 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 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

Netherlands-North Macedonia Trade: In 2022, Netherlands exported $171M to North Macedonia. The main products that Netherlands exported to North Macedonia were Other Inorganic Acids Salts ($41.7M), Semiconductor Devices ($5.24M), and Combustion Engines ($4.08M). Over the past 5 years the exports of Netherlands to North Macedonia have increased at an annualized rate of 6.21%, from $127M in 2017 to $171M in 2022.

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

North Macedonia-Netherlands Trade: In 2022, North Macedonia exported $159M to Netherlands. The main products that North Macedonia exported to Netherlands were Ferroalloys ($42.1M), Non-Knit Men's Suits ($15.1M), and Other live plants, cuttings and slips; mushroom spawn ($12.4M). Over the past 5 years the exports of North Macedonia to Netherlands have increased at an annualized rate of 19.8%,  from $64.5M in 2017 to $159M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $171M to North Macedonia. The main products exported from Netherlands to North Macedonia were Other Inorganic Acids Salts ($41.7M), Semiconductor Devices ($5.24M), and Combustion Engines ($4.08M). During the last 5 years the exports of Netherlands to North Macedonia have increased at an annualized rate of 6.21%, from $127M in 2017 to $171M in 2022.

In 2017, North Macedonia exported $159M to Netherlands. The main products exported from North Macedonia to Netherlands were Ferroalloys ($42.1M), Non-Knit Men's Suits ($15.1M), and Other live plants, cuttings and slips; mushroom spawn ($12.4M). During the last 5 years the exports of North Macedonia to Netherlands have increased at an annualized rate of 19.8%, from $64.5M in 2022 to $159M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Netherlands than North Macedonia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from North Macedonia than Netherlands included Albania ($115M).

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

Comparative Advantage Netherlands - North Macedonia

Flow
Scale

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

During 2022, Netherlands had a large net trade with North Macedonia in the exports of Chemical Products ($55.9M), Machines ($29.2M), and Textiles ($22.1M).

During 2017, North Macedonia had a large net trade with Netherlands in the exports of Textiles ($53.7M), Metals ($52.4M), and Vegetable Products ($14.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands North Macedonia+$3.26MPackaged Medicaments
Top Product Potential North Macedonia Netherlands+$4.45MMotor vehicles; parts and accessories (8701 to 8705)

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

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

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

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