2022
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GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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 GDP
$13.6BCURRENT US$
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2012-2022
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GDP GROWTH
39.2%CURRENT US$
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2022
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GDP PC 
$30,436CURRENT US$
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2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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2022
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GDP PC
$6,591CURRENT US$
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2012-2022
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GDP PC GROWTH
39.4%CURRENT US$
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About

Saudi Arabia-North Macedonia In 2022, Saudi Arabia exported $37.9M to North Macedonia. The main products that Saudi Arabia exported to North Macedonia are Ethylene Polymers ($20.2M), Refined Petroleum ($11M), and Propylene Polymers ($3.28M). During the last 27 years the exports of Saudi Arabia to North Macedonia have increased at an annualized rate of 34.2%, from $13.6k in 1995 to $37.9M in 2022.

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

North Macedonia-Saudi Arabia In 2022, North Macedonia exported $13.4M to Saudi Arabia. The main products that North Macedonia exported to Saudi Arabia were N/A. During the last 27 years the exports of North Macedonia to Saudi Arabia have increased at an annualized rate of 28.5%, from $15.5k in 1995 to $13.4M in 2022.

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

Comparison In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $37.9M to North Macedonia. The main products exported from Saudi Arabia to North Macedonia were Ethylene Polymers ($20.2M), Refined Petroleum ($11M), and Propylene Polymers ($3.28M). During the last 27 years the exports of Saudi Arabia to North Macedonia have increased at an annualized rate of 34.2%, from $13.6k in 1995 to $37.9M in 2022.

In 2022, North Macedonia exported $13.4M to Saudi Arabia. There were not main exports from North Macedonia to Saudi Arabia in 2022. During the last 27 years the exports of North Macedonia to Saudi Arabia have increased at an annualized rate of 28.5%, from $15.5k in 1995 to $13.4M in 2022.

Exports from Saudi Arabia (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and North Macedonia (Flag)

North Macedonia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
North Macedonia
Top Destination
Germany$3.96B

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

In 2021, countries that imported more from Saudi Arabia than North Macedonia were China ($68B), India ($46.2B), and Japan ($36.5B).

In 2021, countries that imported more from North Macedonia than Saudi Arabia were Germany ($3.96B), Serbia ($800M), and Bulgaria ($443M).

Difference in imports from North Macedonia (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - North Macedonia

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with North Macedonia in the exports of Plastics and Rubbers ($26.6M), Mineral Products ($11M), and Stone And Glass ($190k).

During 2022, North Macedonia had a large net trade with Saudi Arabia in the exports of Stone And Glass ($6.84M), Machines ($4.54M), and Metals ($561k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Saudi Arabia has comparative advantage over North Macedonia. Similarly, the more yellow a dot/product is, the more North Macedonia has comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and North Macedonia (Flag) (2022)

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