Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — North Macedonia

Merchandise trade (% of GDP) in North Macedonia in 2025 — 115.78%. Ranked 16 in the world out of 189. Since 1992, the indicator has risen by 17.09 pp.

2025 115.78% −4.49 pp vs 2024
World rank 16of 189
Period maximum 154.19%2022
Period minimum 59.76%1996

Trend over time

1992–2025 · % of GDP

Merchandise trade (% of GDP) — North Macedonia, 1992–202550751001251501751992199620002004200820122016202020241992: 98.69%1993: 84.03%1994: 72.2%1995: 62.1%1996: 59.76%1997: 77.08%1998: 85.67%1999: 76.79%2000: 90.57%2001: 76.88%2002: 77.42%2003: 74.26%2004: 81.09%2005: 84.19%2006: 89.84%2007: 104.11%2008: 109.73%2009: 82.76%2010: 93.81%2011: 109.63%2012: 108.12%2013: 100.94%2014: 107.99%2015: 108.93%2016: 108.2%2017: 118.43%2018: 125.84%2019: 132.16%2020: 124.2%2021: 139.8%2022: 154.19%2023: 132.8%2024: 120.27%2025: 115.78%
Change over the period: +17.09 pp Annual average: 0.52 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: North Macedonia

North Macedonia 115.78%
World 43.89%
Southern Europe computed 57.41%
Merchandise trade (% of GDP) — North Macedonia, by year North Macedonia All countries CSV XLSX
Year % Change, pp
2025 115.78 −4.49 pp
2024 120.27 −12.52 pp
2023 132.8 −21.39 pp
2022 154.19 +14.39 pp
2021 139.8 +15.59 pp
2020 124.2 −7.95 pp
2019 132.16 +6.31 pp
2018 125.84 +7.41 pp
2017 118.43 +10.23 pp
2016 108.2 −0.72 pp
2015 108.93 +0.94 pp
2014 107.99 +7.05 pp
2013 100.94 −7.19 pp
2012 108.12 −1.5 pp
2011 109.63 +15.82 pp
2010 93.81 +11.05 pp
2009 82.76 −26.97 pp
2008 109.73 +5.62 pp
2007 104.11 +14.27 pp
2006 89.84 +5.65 pp
2005 84.19 +3.1 pp
2004 81.09 +6.83 pp
2003 74.26 −3.16 pp
2002 77.42 +0.54 pp
2001 76.88 −13.69 pp
2000 90.57 +13.77 pp
1999 76.79 −8.87 pp
1998 85.67 +8.59 pp
1997 77.08 +17.32 pp
1996 59.76 −2.34 pp
1995 62.1 −10.1 pp
1994 72.2 −11.83 pp
1993 84.03 −14.67 pp
1992 98.69

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.