Ukraine (UKR) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Ukraine-North Macedonia Trade: In 2023, Ukraine exported $49.4M to North Macedonia. The main products that Ukraine exported to North Macedonia were Hot-Rolled Iron ($13.4M), Seed Oils ($8.89M), and Poultry Meat ($3.65M). Over the past 5 years the exports of Ukraine to North Macedonia have decreased at an annualized rate of 16.6%, from $123M in 2018 to $49.4M in 2023.

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

North Macedonia-Ukraine Trade: In 2023, North Macedonia exported $24.9M to Ukraine. The main products that North Macedonia exported to Ukraine were Cabbages ($8.4M), Packaged Medicaments ($5.76M), and Electric Batteries ($1.99M). Over the past 5 years the exports of North Macedonia to Ukraine have increased at an annualized rate of 16%, from $11.9M in 2018 to $24.9M in 2023.

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

Comparison In 2023, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). 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, Ukraine exported $49.4M to North Macedonia. The main products exported from Ukraine to North Macedonia were Hot-Rolled Iron ($13.4M), Seed Oils ($8.89M), and Poultry Meat ($3.65M). During the last 5 years the exports of Ukraine to North Macedonia have decreased at an annualized rate of 16.6%, from $123M in 2018 to $49.4M in 2023.

In 2018, North Macedonia exported $24.9M to Ukraine. The main products exported from North Macedonia to Ukraine were Cabbages ($8.4M), Packaged Medicaments ($5.76M), and Electric Batteries ($1.99M). During the last 5 years the exports of North Macedonia to Ukraine have increased at an annualized rate of 16%, from $11.9M in 2023 to $24.9M in 2018.

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

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

Latest Data

Trade between Ukraine () and North Macedonia ()

Ukraine Exports

Date

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$4.83B

North Macedonia
Top DestinationGermany$4B

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

In 2023, countries that imported more from Ukraine than North Macedonia included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

In 2023, countries that imported more from North Macedonia than Ukraine included Germany ($4B), Serbia ($827M), and Greece ($542M).

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

Comparative Advantage Ukraine - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ukraine had a large net trade with North Macedonia in the exports of Metals ($20.6M), Animal and Vegetable Bi-Products ($9.14M), and Animal Products ($5.22M).

During 2018, North Macedonia had a large net trade with Ukraine in the exports of Vegetable Products ($10.6M), Chemical Products ($5.8M), and Machines ($4.98M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine North Macedonia+$1.81MSeed Oils

Top Product Potential North Macedonia Ukraine+$2.4MPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Ukraine () and North Macedonia ()

Ukraine Exports

North Macedonia Exports

Market Competitiveness

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

Comparative Advantage Ukraine - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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