Turkey (TUR) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Turkey-North Macedonia Trade: In 2023, Turkey exported $712M to North Macedonia. The main products that Turkey exported to North Macedonia were Hot-Rolled Iron ($38.4M), Aluminium Bars ($26.2M), and Iron Structures ($25.2M). Over the past 5 years the exports of Turkey to North Macedonia have increased at an annualized rate of 10.3%, from $436M in 2018 to $712M in 2023.

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

North Macedonia-Turkey Trade: In 2023, North Macedonia exported $224M to Turkey. The main products that North Macedonia exported to Turkey were Hot-Rolled Iron ($82.7M), Insulated Wire ($12.5M), and Electric Batteries ($11.7M). Over the past 5 years the exports of North Macedonia to Turkey have increased at an annualized rate of 12.4%, from $125M in 2018 to $224M in 2023.

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

Comparison In 2023, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). That same year, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Turkey exported $712M to North Macedonia. The main products exported from Turkey to North Macedonia were Hot-Rolled Iron ($38.4M), Aluminium Bars ($26.2M), and Iron Structures ($25.2M). During the last 5 years the exports of Turkey to North Macedonia have increased at an annualized rate of 10.3%, from $436M in 2018 to $712M in 2023.

In 2018, North Macedonia exported $224M to Turkey. The main products exported from North Macedonia to Turkey were Hot-Rolled Iron ($82.7M), Insulated Wire ($12.5M), and Electric Batteries ($11.7M). During the last 5 years the exports of North Macedonia to Turkey have increased at an annualized rate of 12.4%, from $125M in 2023 to $224M in 2018.

Exports from Turkey () to North Macedonia () (2023)

Exports from North Macedonia () to Turkey () (2023)

Latest Data

Trade between Turkey () and North Macedonia ()

Turkey Exports

Date

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$24.7B

North Macedonia
Top DestinationGermany$4B

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

In 2023, countries that imported more from Turkey than North Macedonia included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

In 2023, countries that imported more from North Macedonia than Turkey included Saint Pierre and Miquelon ($31.3k) and Saint Martin ($6.21k).

Difference in imports from North Macedonia () and Turkey () (2023)

Comparative Advantage Turkey - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Turkey had a large net trade with North Macedonia in the exports of Metals ($189M), Textiles ($115M), and Machines ($114M).

During 2018, North Macedonia had a large net trade with Turkey in the exports of Metals ($102M), Machines ($52.3M), and Textiles ($21.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Turkey North Macedonia+$5.16MCars

Top Product Potential North Macedonia Turkey+$7.26MInsulated Wire

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

Year

This visualization shows the product space at the HS4 level with the flags of Turkey and North Macedonia. This means that a dot/product with the flag of Turkey 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 Turkey.

About

Historical Data

Bilateral Trade by Products

Exports from Turkey () to North Macedonia () (2023)

Exports from North Macedonia () to Turkey () (2023)

Latest Data

Trade between Turkey () and North Macedonia ()

Turkey Exports

North Macedonia Exports

Market Competitiveness

Difference in imports from North Macedonia () and Turkey () (2023)

Comparative Advantage Turkey - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Turkey () and North Macedonia () (2023)

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