Netherlands-North Macedonia Bilateral Trade Analysis 2023
Complete trade statistics: $340.15M total volume •Netherlands surplus: $92.80M
Netherlands → North Macedonia
$216.48M
Exports (2023)
North Macedonia → Netherlands
$123.68M
Imports (2023)
Trade Balance
$92.80M
Surplus for Netherlands
Total Trade
$340.15M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Netherlands and North Macedonia. Green line shows exports from Netherlands, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Netherlands-North Macedonia commercial relationship and competitive positioning in global markets.
Netherlands → North Macedonia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Netherlands's export portfolio to North Macedonia demonstrates strategic specialization, with salts of inorganic acids or peroxoacids, double or complex silicates, including aluminosilicates, whether or not chemically defined, excluding azides representing a key competitive advantage in this bilateral market.
North Macedonia → Netherlands Imports
Import Dependency Profile
📦 Import Strategy Analysis
Netherlands's import pattern from North Macedonia reveals significant dependencyin plants, live: unrooted cuttings and slips, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Netherlands demonstrates competitive strength in exportingsalts of inorganic acids or peroxoacids, double or complex silicates, including aluminosilicates, whether or not chemically defined, excluding azides to North Macedonia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $340.15M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Netherlands-North Macedonia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $340.15 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Netherlands maintains a surplus of $92.80 million
- Export Focus: Netherlands's primary exports include salts of inorganic acids or peroxoacids, double or complex silicates, including aluminosilicates, whether or not chemically defined, excluding azides, chemical products, mixtures and preparations: n.e.c. heading 3824, blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale
- Import Dependencies: Key imports from North Macedonia include plants, live: unrooted cuttings and slips, shirts: men's or boys', of cotton (not knitted or crocheted), bedding and similar furnishing articles: n.e.c. in heading no. 9404 (e.g. quilts, eiderdowns, cushions, pouffes and pillows)
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $340.15M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Netherlands leveraging its comparative advantages in salts of inorganic acids or peroxoacids, double or complex silicates, including aluminosilicates, whether or not chemically defined, excluding azides.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Netherlands's specialization in salts of inorganic acids or peroxoacids, double or complex silicates, including aluminosilicates, whether or not chemically defined, excluding azidescomplements North Macedonia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in plants, live: unrooted cuttings and slips.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $340.15M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $340.15M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $340.15 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in salts of inorganic acids or peroxoacids, double or complex silicates, including aluminosilicates, whether or not chemically defined, excluding azides and plants, live: unrooted cuttings and slips demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Netherlands's trade surplus of $92.80 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Netherlands and North Macedonia represents a total trade volume of $340.15 million in 2023. This partnership demonstrates a favorable trade balance for Netherlands, with exports exceeding importsby $92.80 million.
Export Strengths
Netherlands's exports to North Macedonia total $216.48 million, with competitive advantages in salts of inorganic acids or peroxoacids, double or complex silicates, including aluminosilicates, whether or not chemically defined, excluding azides, representing $45.79M or21.2% of bilateral exports.
Import Dependencies
Imports from North Macedonia amount to $123.68 million, highlighting economic interdependence in plants, live: unrooted cuttings and slips, with Plants, live: unrooted cuttings and slips comprising9.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Netherlands's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Netherlands and North Macedonia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023