United States (USA) and North Macedonia (MKD) Trade

2022

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Exports $154MRnk 143 / 219

2022

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Top Product $30.7MLaboratory Ceramic Ware

2022

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Exports $173MRnk 11 / 155

2022

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About

United States-North Macedonia Trade: In 2022, United States exported $154M to North Macedonia. The main products that United States exported to North Macedonia were Laboratory Ceramic Ware ($30.7M), Electric Batteries ($10.4M), and Petroleum Coke ($7.18M). Over the past 5 years the exports of United States to North Macedonia have decreased at an annualized rate of 1.24%, from $163M in 2017 to $154M in 2022.

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

North Macedonia-United States Trade: In 2022, North Macedonia exported $173M to United States. The main products that North Macedonia exported to United States were Buses ($71.5M), Ferroalloys ($27.4M), and Raw Tobacco ($14.5M). Over the past 5 years the exports of North Macedonia to United States have decreased at an annualized rate of 5.37%, from $228M in 2017 to $173M in 2022.

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

Comparison: In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

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.

Latest Trends

September, 2024

About

Overview In September 2024, United States exported $6.59M and imported $8.43M from North Macedonia, resulting in a negative trade balance of $1.85M. Between September 2023 and September 2024 the exports of United States have decreased by $-66.6k (-1%) from $6.65M to $6.59M, while imports decreased by $-12.2M (-59%) from $20.6M to $8.43M.

Trade In September 2024, the top exports of United States to North Macedonia were Integrated Circuits ($1.59M), Combustion Engines ($1.27M), Motor vehicles; parts and accessories (8701... ($234k), Detonating Fuses ($223k), and Self-adhesive Plastics ($152k). In September 2024 the top imports of United States from North Macedonia were Buses ($17.2M), Raw Tobacco ($2.47M), Motor vehicles; parts and accessories (8701... ($819k), Machinery Having Individual Functions ($735k), and Electrical Control Boards ($713k).

Origins In September 2024 the exports of United States were mainly from Arizona ($2.68M), New York ($1.9M), Wisconsin ($762k), Ohio ($246k), and Illinois ($173k), while imports destinations were mainly Texas ($1.28M), Florida ($1.2M), South Carolina ($1.06M), Virginia ($757k), and Georgia ($617k).

Growth In September 2024, the decrease in United States's year-by-year exports to North Macedonia was explained primarily by an decrease in product exports in Detonating Fuses ($-327k or -59.5%), Motor vehicles; parts and accessories (8701... ($-216k or -48%), and Commodities not elsewhere specified ($-141k or -60.1%). In September 2024, the decrease in United States's year-by-year imports from North Macedonia was explained primarily by an decrease in product imports in Electrical Control Boards ($-447k or -38.5%), Sauces and Seasonings ($-98.2k or -65%), and Baked Goods ($-17.9k or -24.2%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (September 2023 - September 2024)$-66.6k(-1%)

IMPORT GROWTH (September 2023 - September 2024)$-12.2M(-59%)

MAIN EXPORTER (September 2024)Arizona$2.68M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check North Macedonia and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $154M to North Macedonia. The main products exported from United States to North Macedonia were Laboratory Ceramic Ware ($30.7M), Electric Batteries ($10.4M), and Petroleum Coke ($7.18M). During the last 5 years the exports of United States to North Macedonia have decreased at an annualized rate of 1.24%, from $163M in 2017 to $154M in 2022.

In 2017, North Macedonia exported $173M to United States. The main products exported from North Macedonia to United States were Buses ($71.5M), Ferroalloys ($27.4M), and Raw Tobacco ($14.5M). During the last 5 years the exports of North Macedonia to United States have decreased at an annualized rate of 5.37%, from $228M in 2022 to $173M in 2017.

Exports from United States () to North Macedonia () (2022)

Exports from North Macedonia () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

North Macedonia
Top DestinationGermany$3.96B

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 2022, countries that imported more from United States than North Macedonia included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from North Macedonia than United States included Serbia ($800M) and Albania ($115M).

Difference in imports from North Macedonia () and United States () (2022)

Comparative Advantage United States - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with North Macedonia in the exports of Machines ($36.3M), Stone And Glass ($31M), and Chemical Products ($22.7M).

During 2017, North Macedonia had a large net trade with United States in the exports of Transportation ($79.3M), Metals ($30.9M), and Foodstuffs ($25.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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 () and North Macedonia () (2022)

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