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2023
Flag → Flag
Exports $211MRnk 93 / 224
2023
Flag → Flag
Top Product $49MIndustrial Fatty Acids, Oils and Alcohols
2023
Flag → Flag
Exports $122MRnk 22 / 160
2023
Flag → Flag
Top Product $18.8MNon-Knit Men's Suits
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$8,624CURRENT US$
Rnk 92 / 196
2013-2023
Flag
GDP PC GROWTH53.3%CURRENT US$
Rnk 42 / 195

About

Netherlands-North Macedonia Trade: In 2023, Netherlands exported $211M to North Macedonia. The main products that Netherlands exported to North Macedonia were Industrial Fatty Acids, Oils and Alcohols ($49M), Other Inorganic Acids Salts ($41.6M), and Vaccines, blood, antisera, toxins and cultures ($9.87M). Over the past 5 years the exports of Netherlands to North Macedonia have increased at an annualized rate of 6.24%, from $156M in 2018 to $211M in 2023.

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

North Macedonia-Netherlands Trade: In 2023, North Macedonia exported $122M to Netherlands. The main products that North Macedonia exported to Netherlands were Non-Knit Men's Suits ($18.8M), Other live plants, cuttings and slips; mushroom spawn ($16.2M), and Non-Knit Men's Shirts ($8.87M). Over the past 5 years the exports of North Macedonia to Netherlands have increased at an annualized rate of 4.13%,  from $99.9M in 2018 to $122M in 2023.

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

Comparison In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08),  and 9 in total exports ($599B). That same year, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €8M and imported €5M from North Macedonia, resulting in a positive trade balance of €3M. Between October 2023 and October 2024 the exports of Netherlands have decreased by €-5M (-38.5%) from €13M to €8M, while imports increased by €2M (66.7%) from €3M to €5M.

Trade In October 2024, the top exports of Netherlands to North Macedonia were Metal salts and peroxysalts, of inorganic... (€9M), Crude vegetable materials, n.e.s. (€1M), Medicaments (including veterinary medicaments) (€1M), Miscellaneous chemical products, n.e.s. (€1M), and Non-electrical machinery, tools and mechanical apparatus,... (€1M). In October 2024 the top imports of Netherlands from North Macedonia were Crude vegetable materials, n.e.s. (€1M), Furniture and parts thereof; bedding, mattresses,... (€1M), Men's or boys' coats, capes, jackets,... (€1M), and Women's or girls' coats, capes, jackets,... (€1M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€-5M(-38.5%)
IMPORT GROWTH (October 2023 - October 2024)€2M(66.7%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check North Macedonia and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore North Macedonia and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $211M to North Macedonia. The main products exported from Netherlands to North Macedonia were Industrial Fatty Acids, Oils and Alcohols ($49M), Other Inorganic Acids Salts ($41.6M), and Vaccines, blood, antisera, toxins and cultures ($9.87M). During the last 5 years the exports of Netherlands to North Macedonia have increased at an annualized rate of 6.24%, from $156M in 2018 to $211M in 2023.

In 2018, North Macedonia exported $122M to Netherlands. The main products exported from North Macedonia to Netherlands were Non-Knit Men's Suits ($18.8M), Other live plants, cuttings and slips; mushroom spawn ($16.2M), and Non-Knit Men's Shirts ($8.87M). During the last 5 years the exports of North Macedonia to Netherlands have increased at an annualized rate of 4.13%, from $99.9M in 2023 to $122M in 2018.

Exports from Netherlands (Flag) to North Macedonia (Flag) (2023)

Exports from North Macedonia (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
North Macedonia
Top DestinationGermany$4B

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 2023, countries that imported more from Netherlands than North Macedonia included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from North Macedonia than Netherlands included Serbia ($827M) and Albania ($150M).

Difference in imports from North Macedonia (Flag) and Netherlands (Flag) (2023)

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 2023, Netherlands had a large net trade with North Macedonia in the exports of Chemical Products ($112M), Machines ($24.2M), and Textiles ($15.1M).

During 2018, North Macedonia had a large net trade with Netherlands in the exports of Textiles ($54.3M), Vegetable Products ($20.6M), and Miscellaneous ($12.4M).

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) (2023)

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