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Pricing

2022
Flag → Flag
Exports $76.3MRnk 58 / 191
2022
Flag → Flag
Top Product $26.4MHot-Rolled Iron
2022
Flag → Flag
Exports $40.8MRnk 28 / 155
2022
Flag → Flag
Top Product $7.17MCabbages
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186

About

Ukraine-North Macedonia Trade: In 2022, Ukraine exported $76.3M to North Macedonia. The main products that Ukraine exported to North Macedonia were Hot-Rolled Iron ($26.4M), Semi-Finished Iron ($12.9M), and Seed Oils ($10.6M). Over the past 5 years the exports of Ukraine to North Macedonia have increased at an annualized rate of 13.7%, from $40.1M in 2017 to $76.3M in 2022.

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

North Macedonia-Ukraine Trade: In 2022, North Macedonia exported $40.8M to Ukraine. The main products that North Macedonia exported to Ukraine were Cabbages ($7.17M), Laboratory Ceramic Ware ($6.64M), and Other Cloth Articles ($5.84M). Over the past 5 years the exports of North Macedonia to Ukraine have increased at an annualized rate of 27.7%,  from $12M in 2017 to $40.8M in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $76.3M to North Macedonia. The main products exported from Ukraine to North Macedonia were Hot-Rolled Iron ($26.4M), Semi-Finished Iron ($12.9M), and Seed Oils ($10.6M). During the last 5 years the exports of Ukraine to North Macedonia have increased at an annualized rate of 13.7%, from $40.1M in 2017 to $76.3M in 2022.

In 2017, North Macedonia exported $40.8M to Ukraine. The main products exported from North Macedonia to Ukraine were Cabbages ($7.17M), Laboratory Ceramic Ware ($6.64M), and Other Cloth Articles ($5.84M). During the last 5 years the exports of North Macedonia to Ukraine have increased at an annualized rate of 27.7%, from $12M in 2022 to $40.8M in 2017.

Exports from Ukraine (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to Ukraine (Flag) (2022)

Latest Data

Trade between Ukraine (Flag) and North Macedonia (Flag)

Ukraine Exports

North Macedonia Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
North Macedonia
Top DestinationGermany$3.96B

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 2022, countries that imported more from Ukraine than North Macedonia included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

In 2022, countries that imported more from North Macedonia than Ukraine included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia (Flag) and Ukraine (Flag) (2022)

Comparative Advantage Ukraine - North Macedonia

Flow
Scale

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

During 2022, Ukraine had a large net trade with North Macedonia in the exports of Metals ($47.5M), Animal and Vegetable Bi-Products ($11.1M), and Machines ($4.37M).

During 2017, North Macedonia had a large net trade with Ukraine in the exports of Vegetable Products ($10.7M), Stone And Glass ($6.7M), and Textiles ($6.16M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Ukraine (Flag) and North Macedonia (Flag) (2022)

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