North Macedonia-USA Bilateral Trade Analysis 2023

Complete trade statistics: $517.84M total volume •North Macedonia surplus: $11.22M

North MacedoniaUSA

$264.53M

Exports (2023)

USANorth Macedonia

$253.31M

Imports (2023)

Trade Balance

$11.22M

Surplus for North Macedonia

Total Trade

$517.84M

Combined Volume

Trade Flow Visualization

Direct trade relationship between North Macedonia and USA. Green line shows exports from North Macedonia, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the North Macedonia-USA commercial relationship and competitive positioning in global markets.

North MacedoniaUSA Exports

$264.53M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
51.0% top product
1Vehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or used
$134.92M
51.0% of exports
2Vehicles: public transport type (carries 10 or more persons, including driver), with only electric motor for propulsion, new or used
$67.72M
25.6% of exports
3Tobacco, (not stemmed or stripped)
$8.87M
3.4% of exports
4Vehicles: parts and accessories, of bodies, other than safety seat belts
$6.51M
2.5% of exports
5Electrical capacitors: fixed, dielectric of paper or plastics
$4.08M
1.5% of exports

🎯 Strategic Export Focus

North Macedonia's export portfolio to USA demonstrates strategic specialization, with vehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or used representing a key competitive advantage in this bilateral market.

USANorth Macedonia Imports

$253.31M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
24.2% concentration
1Ceramic wares: for laboratory, chemical or other technical uses, other than articles having a hardness equivalent to 9 or more on the Mohs scale or of porcelain or china
$61.33M
24.2% of imports
2Metals: palladium, unwrought or in powder form
$18.17M
7.2% of imports
3Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$13.30M
5.3% of imports
4Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)
$12.61M
5.0% of imports
5Engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87
$10.95M
4.3% of imports

📦 Import Strategy Analysis

North Macedonia's import pattern from USA reveals strategic sourcingin ceramic wares: for laboratory, chemical or other technical uses, other than articles having a hardness equivalent to 9 or more on the mohs scale or of porcelain or china, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

North Macedonia demonstrates competitive strength in exportingvehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or used to USA, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
📈

Growth Potential

The $517.84M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: North Macedonia-USA Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $517.84 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: North Macedonia maintains a surplus of $11.22 million
  • Export Focus: North Macedonia's primary exports include vehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or used, vehicles: public transport type (carries 10 or more persons, including driver), with only electric motor for propulsion, new or used, tobacco, (not stemmed or stripped)
  • Import Dependencies: Key imports from USA include ceramic wares: for laboratory, chemical or other technical uses, other than articles having a hardness equivalent to 9 or more on the mohs scale or of porcelain or china, metals: palladium, unwrought or in powder form, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthBalanced

📈 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 $517.84M 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 North Macedonia leveraging its comparative advantages in vehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or used.

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

1

Comparative Advantage

North Macedonia's specialization in vehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or usedcomplements USA's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in ceramic wares: for laboratory, chemical or other technical uses, other than articles having a hardness equivalent to 9 or more on the mohs scale or of porcelain or china.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $517.84M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $517.84M 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 $517.84 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in vehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or used and ceramic wares: for laboratory, chemical or other technical uses, other than articles having a hardness equivalent to 9 or more on the mohs scale or of porcelain or china demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

North Macedonia's trade surplus of $11.22 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in vehicles: public transport type (carries 10 or more persons, including driver), with only electric motor for propulsion, new or used present expansion opportunities.
Market Diversification
Beyond current focus on ceramic wares: for laboratory, chemical or other technical uses, other than articles having a hardness equivalent to 9 or more on the mohs scale or of porcelain or china, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in vehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or used may affect future market positioning.

🎯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 North Macedonia and USA represents a total trade volume of $517.84 million in 2023. This partnership demonstrates a favorable trade balance for North Macedonia, with exports exceeding importsby $11.22 million.

Export Strengths

North Macedonia's exports to USA total $264.53 million, with competitive advantages in vehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or used, representing $134.92M or51.0% of bilateral exports.

Import Dependencies

Imports from USA amount to $253.31 million, highlighting economic interdependence in ceramic wares: for laboratory, chemical or other technical uses, other than articles having a hardness equivalent to 9 or more on the mohs scale or of porcelain or china, with Ceramic wares: for laboratory, chemical or other technical uses, other than articles having a hardness equivalent to 9 or more on the Mohs scale or of porcelain or china comprising24.2% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates North Macedonia'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.

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023