USA-North Macedonia Bilateral Trade Analysis 2023

Complete trade statistics: $517.84M total volume •USA deficit: $11.22M

USANorth Macedonia

$253.31M

Exports (2023)

North MacedoniaUSA

$264.53M

Imports (2023)

Trade Balance

$11.22M

Deficit for USA

Total Trade

$517.84M

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

USANorth Macedonia Exports

$253.31M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
24.2% top product
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 exports
2Metals: palladium, unwrought or in powder form
$18.17M
7.2% of exports
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 exports
4Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)
$12.61M
5.0% of exports
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 exports

🎯 Strategic Export Focus

USA's export portfolio to North Macedonia demonstrates strategic specialization, 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 representing a key competitive advantage in this bilateral market.

North MacedoniaUSA Imports

$264.53M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
51.0% concentration
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 imports
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 imports
3Tobacco, (not stemmed or stripped)
$8.87M
3.4% of imports
4Vehicles: parts and accessories, of bodies, other than safety seat belts
$6.51M
2.5% of imports
5Electrical capacitors: fixed, dielectric of paper or plastics
$4.08M
1.5% of imports

📦 Import Strategy Analysis

USA's import pattern from North Macedonia reveals strategic sourcingin 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, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

USA demonstrates competitive strength in exportingceramic 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 to North Macedonia, 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: USA-North Macedonia Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $517.84 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: USA maintains a deficit of $11.22 million
  • Export Focus: USA's primary exports 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
  • Import Dependencies: Key imports from North Macedonia 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)

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 USA leveraging its comparative advantages 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.

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

USA's specialization 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 chinacomplements North Macedonia's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly 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.

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 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 and 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 demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

USA's trade deficit of $11.22 million impacts 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 metals: palladium, unwrought or in powder form present expansion opportunities.
Market Diversification
Beyond current focus on 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, 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 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 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 USA and North Macedonia represents a total trade volume of $517.84 million in 2023. This partnership demonstrates an unfavorable trade balance for USA, with imports exceeding exportsby $11.22 million.

Export Strengths

USA's exports to North Macedonia total $253.31 million, with competitive advantages 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, representing $61.33M or24.2% of bilateral exports.

Import Dependencies

Imports from North Macedonia amount to $264.53 million, highlighting economic interdependence 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, 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 comprising51.0% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates USA's strategic sourcing from North Macedonia. 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