2023
Flag  
GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC 
$82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC
$8,624CURRENT US$
Rnk 92 / 196
2013-2023
Flag
GDP PC GROWTH
53.3%CURRENT US$
Rnk 42 / 195

About

United States-North Macedonia Trade: In 2023, United States exported $257M to North Macedonia. The main products that United States exported to North Macedonia were Laboratory Ceramic Ware ($61.3M), Packaged Medicaments ($18.3M), and Platinum ($18.2M). Over the past 5 years the exports of United States to North Macedonia have increased at an annualized rate of 1.29%, from $241M in 2018 to $257M in 2023.

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

North Macedonia-United States Trade: In 2023, North Macedonia exported $273M to United States. The main products that North Macedonia exported to United States were Buses ($203M), Raw Tobacco ($11.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($8.89M). Over the past 5 years the exports of North Macedonia to United States have decreased at an annualized rate of 3.81%,  from $332M in 2018 to $273M in 2023.

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

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as were at the forefront of exporting goods from North Macedonia to the United States. Conversely, were notable for importing products to North Macedonia from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $257M to North Macedonia. The main products exported from United States to North Macedonia were Laboratory Ceramic Ware ($61.3M), Packaged Medicaments ($18.3M), and Platinum ($18.2M). During the last 5 years the exports of United States to North Macedonia have increased at an annualized rate of 1.29%, from $241M in 2018 to $257M in 2023.

In 2018, North Macedonia exported $273M to United States. The main products exported from North Macedonia to United States were Buses ($203M), Raw Tobacco ($11.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($8.89M). During the last 5 years the exports of North Macedonia to United States have decreased at an annualized rate of 3.81%, from $332M in 2023 to $273M in 2018.

Exports from United States (Flag) to North Macedonia (Flag) (2023)

Exports from North Macedonia (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top Destination
Canada$269B
North Macedonia
Top Destination
Germany$4B

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

In 2023, countries that imported more from United States than North Macedonia included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from North Macedonia than United States included Serbia ($827M).

Difference in imports from North Macedonia (Flag) and United States (Flag) (2023)

Comparative Advantage United States - North Macedonia

Flow
Scale

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

During 2023, United States had a large net trade with North Macedonia in the exports of Stone And Glass ($62.2M), Machines ($59.5M), and Chemical Products ($39.4M).

During 2018, North Macedonia had a large net trade with United States in the exports of Transportation ($215M), Foodstuffs ($23.1M), and Machines ($18.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States North Macedonia+$8.52MRefined Petroleum
Top Product Potential North Macedonia United States+$18.5MCentrifuges

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

Product Space of United States (Flag) and North Macedonia (Flag) (2023)

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