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2022
Flag → Flag
Exports $2.03BRnk 35 / 224
2022
Flag → Flag
Top Product $1.42BPlatinum
2022
Flag → Flag
Exports $183MRnk 9 / 155
2022
Flag → Flag
Top Product $47.4MReaction and Catalytic Products
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
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Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
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GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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 GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
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GDP GROWTH39.2%CURRENT US$
Rnk 84 / 186
2022
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GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
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GDP PC$6,591CURRENT US$
Rnk 100 / 186
2012-2022
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GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186

About

United Kingdom-North Macedonia In 2022, United Kingdom exported $2.03B to North Macedonia. The main products that United Kingdom exported to North Macedonia are Platinum ($1.42B), Precious Metal Compounds ($510M), and Reaction and Catalytic Products ($10.8M). During the last 27 years the exports of United Kingdom to North Macedonia have increased at an annualized rate of 16%, from $37M in 1995 to $2.03B in 2022.

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

North Macedonia-United Kingdom In 2022, North Macedonia exported $183M to United Kingdom. The main products that North Macedonia exported to United Kingdom were Reaction and Catalytic Products ($47.4M), Non-Iron and Steel Slag, Ash and Residues ($28.8M), and Seats ($20.5M). During the last 27 years the exports of North Macedonia to United Kingdom have increased at an annualized rate of 7.78%, from $24.2M in 1995 to $183M in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Latest Trends

February, 2024

About

Overview In February 2024, United Kingdom exported £83.3M and imported £4.81M from North Macedonia, resulting in a positive trade balance of £78.5M. Between February 2023 and February 2024 the exports of United Kingdom have decreased by £-31.8M (-27.6%) from £115M to £83.3M, while imports decreased by £-404k (-7.74%) from £5.22M to £4.81M.

Trade In February 2024, the top exports of United Kingdom to North Macedonia were Platinum (£68.7M), Precious Metal Compounds (£22.2M), Non-Knit Active Wear (£348k), Plastic Coated Textile Fabric (£299k), and X-Ray Equipment (£220k). In February 2024 the top imports of United Kingdom from North Macedonia were Seats (£943k), Mattresses (£700k), Reaction and Catalytic Products (£300k), Electric Batteries (£277k), and Packaged Medicaments (£248k).

Origins In February 2024 the exports of United Kingdom were mainly from Birmingham Airport (£79.1M), Dover Eurotunnel (£3.49M), East Midlands Airport (£282k), London Heathrow Airport (£178k), and Dover (£104k), while imports destinations were mainly Dover (£1.15M), Oxford Airport (Kidlington) (£345k), and London Heathrow Airport (£286k).

Growth In February 2024, the decrease in United Kingdom's year-by-year exports to North Macedonia was explained primarily by an decrease in product exports in Precious Metal Compounds (£-4.47M or -16.7%), Platinum (£-1.72M or -2.45%), and Inorganic Salts (£-141k or -98%). In February 2024, the decrease in United Kingdom's year-by-year imports  from North Macedonia was explained primarily by an decrease in product imports  in Reaction and Catalytic Products (£-2.21M or -88%), Seats (£-836k or -47%), and Iron Structures (£-163k or -69.9%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)£-31.8M(-27.6%)
IMPORT GROWTH (February 2023 - February 2024)£-404k(-7.74%)
MAIN EXPORTER (February 2024)Birmingham Airport£79.1M

This section shows exports and imports data at subnational level for United Kingdom. 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 Kingdom over time.

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

For full datasets download visit Bulk Download page.

Explore North Macedonia and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $2.03B to North Macedonia. The main products exported from United Kingdom to North Macedonia were Platinum ($1.42B), Precious Metal Compounds ($510M), and Reaction and Catalytic Products ($10.8M). During the last 27 years the exports of United Kingdom to North Macedonia have increased at an annualized rate of 16%, from $37M in 1995 to $2.03B in 2022.

In 2022, North Macedonia exported $183M to United Kingdom. The main products exported from North Macedonia to United Kingdom were Reaction and Catalytic Products ($47.4M), Non-Iron and Steel Slag, Ash and Residues ($28.8M), and Seats ($20.5M). During the last 27 years the exports of North Macedonia to United Kingdom have increased at an annualized rate of 7.78%, from $24.2M in 1995 to $183M in 2022.

Exports from United Kingdom (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
North Macedonia
Top DestinationGermany$3.96B

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

In 2021, countries that imported more from United Kingdom than North Macedonia were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2021, countries that imported more from North Macedonia than United Kingdom were Serbia ($800M), Albania ($115M), and Bosnia and Herzegovina ($106M).

Difference in imports from North Macedonia (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - North Macedonia

Flow
Scale

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

During 2022, United Kingdom had a large net trade with North Macedonia in the exports of Precious Metals ($1.42B), Chemical Products ($540M), and Machines ($17.9M).

During 2022, North Macedonia had a large net trade with United Kingdom in the exports of Chemical Products ($49M), Mineral Products ($37.2M), and Miscellaneous ($34.4M).

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 United Kingdom has comparative advantage over North Macedonia. Similarly, the more yellow a dot/product is, the more North Macedonia has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and North Macedonia (Flag) (2022)

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