2022
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GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
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GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
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 GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
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GDP PC 
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
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GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186
2022
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GDP PC
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186

About

North Macedonia-Spain In 2022, North Macedonia exported $179M to Spain. The main products that North Macedonia exported to Spain are Insulated Wire ($105M), Ferroalloys ($26.1M), and Electric Batteries ($16.2M). During the last 27 years the exports of North Macedonia to Spain have increased at an annualized rate of 12.6%, from $7.33M in 1995 to $179M in 2022.

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

Spain-North Macedonia In 2022, Spain exported $138M to North Macedonia. The main products that Spain exported to North Macedonia were Electric Generating Sets ($16.6M), Pig Meat ($13.5M), and Cars ($8.83M). During the last 27 years the exports of Spain to North Macedonia have increased at an annualized rate of 7.93%, from $17.6M in 1995 to $138M in 2022.

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

Comparison In 2022,  North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $179M to Spain. The main products exported from North Macedonia to Spain were Insulated Wire ($105M), Ferroalloys ($26.1M), and Electric Batteries ($16.2M). During the last 27 years the exports of North Macedonia to Spain have increased at an annualized rate of 12.6%, from $7.33M in 1995 to $179M in 2022.

In 2022, Spain exported $138M to North Macedonia. The main products exported from Spain to North Macedonia were Electric Generating Sets ($16.6M), Pig Meat ($13.5M), and Cars ($8.83M). During the last 27 years the exports of Spain to North Macedonia have increased at an annualized rate of 7.93%, from $17.6M in 1995 to $138M in 2022.

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

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

Latest Data

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

North Macedonia Exports

Spain Exports

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Spain
Top Destination
France$65.2B

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

In 2021, countries that imported more from North Macedonia than Spain were Serbia ($800M).

In 2021, countries that imported more from Spain than North Macedonia were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage North Macedonia - Spain

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Spain in the exports of Machines ($141M), Metals ($28M), and Textiles ($2.86M).

During 2022, Spain had a large net trade with North Macedonia in the exports of Machines ($32.6M), Animal Products ($19.4M), and Transportation ($14.6M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more North Macedonia has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over North Macedonia.

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

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