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North Macedonia Exports (% GDP)

North Macedonia's exports (% GDP) fell to 62.68% in 2024, down from 67.82% in 2023, according to World Bank. This represents a decrease of 5.14% from the previous year. North Macedonia has exports (% GDP) higher than the global median (62.68% vs median 37.25%). Compared with the median in Europe, North Macedonia is higher (62.68% vs regional median 53.65%) and ranks 18th out of 44 countries in Europe.

North Macedonia's imports (% GDP) fell to 75.8% in 2024, down from 80.85% in 2023.

Yearly Historical Data (1990-2024)

(in %)
Year Exports (% GDP)
2024 62.68%
2023 67.82%
2022 72.79%
2021 65.44%
2020 57.77%
2019 62.41%
2018 60.38%
2017 55.15%
2016 50.66%
2015 48.74%
2014 47.66%
2013 43.4%
2012 45.37%
2011 47.12%
2010 39.79%
2009 32.81%
2008 43.22%
2007 44.12%
2006 37.79%
2005 34.81%
2004 30.7%
2003 27.66%
2002 26.3%
2001 29.2%
2000 32.95%
1999 23.04%
1998 23.27%
1997 23.49%
1996 21.3%
1995 31.38%
1994 36.31%
1993 44.45%
1992 51.66%
1991 21.78%
1990 24.57%
North Macedonia Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by North Macedonia compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $8.42B $8.99B 2024
Annual Imports $11.97B $12.05B 2024
FDI Inflows (% GDP) 7.03% 4.07% 2024
Imports (% GDP) 75.8% 80.85% 2024
Net Trade (Goods & Services, BoP) -$2.2B -$2.06B 2024
Tariff Rate 3.65% 3.46% 2022
Trade (% GDP) 138.48% 148.67% 2024