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2023
Flag → Flag
Exports $7.39MRnk 115 / 205
2023
Flag → Flag
Top Product $1.91MNon-fillet Fresh Fish
2023
Flag → Flag
Exports $15.3MRnk 34 / 160
2023
Flag → Flag
Top Product $1.68MPrinted Circuit Boards
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 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 $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC$8,624CURRENT US$
Rnk 92 / 196
2013-2023
Flag
GDP PC GROWTH53.3%CURRENT US$
Rnk 42 / 195

About

Norway-North Macedonia Trade: In 2023, Norway exported $7.39M to North Macedonia. The main products that Norway exported to North Macedonia were Non-fillet Fresh Fish ($1.91M), Cars ($1.32M), and Ferroalloys ($448k). Over the past 5 years the exports of Norway to North Macedonia have increased at an annualized rate of 6.11%, from $5.49M in 2018 to $7.39M in 2023.

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

North Macedonia-Norway Trade: In 2023, North Macedonia exported $15.3M to Norway. The main products that North Macedonia exported to Norway were Printed Circuit Boards ($1.68M), Non-Knit Men's Shirts ($1.66M), and Non-Knit Women's Suits ($1.5M). Over the past 5 years the exports of North Macedonia to Norway have increased at an annualized rate of 12.9%,  from $8.32M in 2018 to $15.3M in 2023.

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

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). That same year, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2025

About

Overview In January 2025, Norway exported NOK933k and imported NOK15.1M from North Macedonia, resulting in a negative trade balance of NOK14.1M. Between January 2024 and January 2025 the exports of Norway have increased by NOK98k (11.7%) from NOK835k to NOK933k, while imports increased by NOK4.44M (41.8%) from NOK10.6M to NOK15.1M.

Trade In January 2025, the top exports of Norway to North Macedonia were Road vehicles (including air-cushion vehicles) (NOK570k), Medicinal and pharmaceutical products (NOK250k), Special transactions and commodities not classified... (NOK15k), Live animals other than animals of... (NOK0), and Meat and meat preparations (NOK0). In January 2025 the top imports of Norway from North Macedonia were Articles of apparel and clothing accessories (NOK4.76M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK1.83M), Vegetables and fruit (NOK1.1M), Coffee, tea, cocoa, spices, and manufactures... (NOK828k), and Furniture, and parts thereof; bedding, mattresses,... (NOK567k).

Growth In January 2025, the increase in Norway's year-by-year exports to North Macedonia was explained primarily by an increase in product exports in . In January 2025, the increase in Norway's year-by-year imports  from North Macedonia was explained primarily by an increase in product imports  in Coffee, tea, cocoa, spices, and manufactures... (NOK764k or 1.19k%), Vegetables and fruit (NOK567k or 107%), and Articles of apparel and clothing accessories (NOK506k or 11.9%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (January 2024 - January 2025)NOK98k(11.7%)
IMPORT GROWTH (January 2024 - January 2025)NOK4.44M(41.8%)

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

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

For full datasets download visit Bulk Download page.

Explore North Macedonia and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $7.39M to North Macedonia. The main products exported from Norway to North Macedonia were Non-fillet Fresh Fish ($1.91M), Cars ($1.32M), and Ferroalloys ($448k). During the last 5 years the exports of Norway to North Macedonia have increased at an annualized rate of 6.11%, from $5.49M in 2018 to $7.39M in 2023.

In 2018, North Macedonia exported $15.3M to Norway. The main products exported from North Macedonia to Norway were Printed Circuit Boards ($1.68M), Non-Knit Men's Shirts ($1.66M), and Non-Knit Women's Suits ($1.5M). During the last 5 years the exports of North Macedonia to Norway have increased at an annualized rate of 12.9%, from $8.32M in 2023 to $15.3M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
North Macedonia
Top DestinationGermany$4B

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

In 2023, countries that imported more from Norway than North Macedonia included United Kingdom ($32.6B), Germany ($33.8B), and Sweden ($15.9B).

In 2023, countries that imported more from North Macedonia than Norway included Serbia ($827M), Bulgaria ($566M), and Albania ($150M).

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

Comparative Advantage Norway - North Macedonia

Flow
Scale

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

During 2023, Norway had a large net trade with North Macedonia in the exports of Animal Products ($2.06M), Transportation ($1.54M), and Machines ($1M).

During 2018, North Macedonia had a large net trade with Norway in the exports of Textiles ($6.15M), Machines ($2.84M), and Foodstuffs ($2.37M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway North Macedonia+$444kNon-fillet Fresh Fish
Top Product Potential North Macedonia Norway+$1.01MSeats

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 Norway and North Macedonia. This means that a dot/product with the flag of Norway 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 Norway.

Product Space of Norway (Flag) and North Macedonia (Flag) (2023)

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