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Trade between North Macedonia and the United Kingdom

In 2024, North Macedonia exported $141 million to the United Kingdom and imported $1.3 billion. North Macedonia ran a deficit of $1.2 billion with the United Kingdom, compared with a deficit of $929 million in 2019. The United Kingdom was North Macedonia’s 4th largest trading partner (7% of its trade), and North Macedonia was the United Kingdom’s 63rd (0.1%).

Summary

North Macedonia → United Kingdom
$141million
United Kingdom → North Macedonia
$1.3billion
North Macedonia’s balance
-$1.2billion

Balance

North Macedonia’s trade balance with the United Kingdom

Trade between North Macedonia and the United Kingdom grew 25.5-fold since 1995

USD billions (current). North Macedonia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.1
  • Imports 1.3
  • Balance -1.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$24 million$33 million-$9 million
1996$37 million$29 million$8 million
1997$34 million$34 million$728 thousand
1998$28 million$38 million-$9 million
1999$30 million$57 million-$27 million
2000$32 million$41 million-$9 million
2001$30 million$33 million-$3 million
2002$30 million$35 million-$5 million
2003$43 million$37 million$7 million
2004$55 million$44 million$11 million
2005$52 million$48 million$4 million
2006$50 million$41 million$9 million
2007$88 million$55 million$34 million
2008$78 million$74 million$4 million
2009$48 million$66 million-$18 million
2010$74 million$291 million-$217 million
2011$66 million$611 million-$545 million
2012$67 million$582 million-$514 million
2013$89 million$739 million-$650 million
2014$82 million$1 billion-$967 million
2015$53 million$703 million-$650 million
2016$65 million$734 million-$669 million
2017$72 million$788 million-$715 million
2018$127 million$871 million-$744 million
2019$164 million$1.1 billion-$929 million
2020$196 million$1.4 billion-$1.2 billion
2021$235 million$2 billion-$1.8 billion
2022$221 million$2 billion-$1.8 billion
2023$175 million$1.5 billion-$1.3 billion
2024$141 million$1.3 billion-$1.2 billion

What they sell each other

What North Macedonia sells to the United Kingdom

The top 10 headings in 2024, with their share of the total.

  1. 2 thousand tonnes
  2. Catalysts$11 million · 8%
    129 tonnes
  3. Slag and ash with metals$11 million · 7.9%
    602 tonnes
  4. 375 tonnes
  5. Control panels$11 million · 7.5%
    24 tonnes
  6. Precious metal scrap$8 million · 5.6%
    48 tonnes
  7. 110 tonnes
  8. Seats and chairs$7 million · 5.2%
    1 thousand tonnes
  9. 116 tonnes · the United Kingdom’s sources
  10. Buses$5 million · 3.3%
    164 tonnes

What the United Kingdom sells to North Macedonia

The top 10 headings in 2024, with their share of the total.

  1. Platinum$1 billion · 78.3%
    33 tonnes · the United Kingdom’s destinations
  2. Precious metal compounds$173 million · 13.1%
    8 tonnes
  3. 24 tonnes · the United Kingdom’s destinations
  4. Cars$9 million · 0.71%
    1 thousand tonnes · the United Kingdom’s destinations
  5. Catalysts$8 million · 0.59%
    8 tonnes
  6. Cables and wire$7 million · 0.51%
    285 tonnes · the United Kingdom’s destinations
  7. Rare earth compounds$6 million · 0.44%
    325 tonnes
  8. Spirits$4 million · 0.34%
    470 tonnes
  9. 297 tonnes
  10. Other food preparations$4 million · 0.33%
    126 tonnes

How it travels

North Macedonia and the United Kingdom traded $1.5 billion in 2024 (both directions together). They trade mostly by air: 89% of the value travels by plane.

Split by transport mode

  1. Sea$159 million · 10.9%
  2. Air$1.3 billion · 89.1%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

The United Kingdom was North Macedonia’s 4th largest trading partner (7% of its trade), and North Macedonia was the United Kingdom’s 63rd (0.1%).

The United Kingdom in North Macedonia’s trade
6.7%
The United Kingdom’s rank among North Macedonia’s partners
4th
North Macedonia in the United Kingdom’s trade
0.1%
North Macedonia’s rank among the United Kingdom’s partners
63rd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.