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North Macedonia Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

North Macedonia's trade openness was 150.22% in 2025, ranked 31st globally. This represents a 10.2% increase from 2024. Data from World Bank, covering 1990–2025.

150.22% +13.89% (+10.2%)
Year 2025 Rank #31 Global Peak 166.15% (2022) Source World Bank

North Macedonia Trade Openness (1990–2025)

Overview

North Macedonia's trade openness stood at 150.22% in 2025, a rise of +13.89% from 2024. Based on recent trends, this figure is projected to reach 150.22% by 2025. North Macedonia ranked 31st globally.

North Macedonia’s trade openness has risen markedly since the early 1990s, climbing from a low of 46.38 in 1991 to a peak of 166.15 in 2022, before slipping slightly to 150.22 in 2025, which places the country 31st in the global ranking. The early post‑independence trough reflected limited export capacity and a narrow import base, but liberalisation, accession to the World Trade Organization and successive free‑trade agreements expanded market access and diversified commodity flows. Over the 36‑year span, the openness index more than tripled, indicating a steady integration into international supply chains. In 2025 North Macedonia’s figure is closely aligned with peers such as Mongolia (152.41) and Thailand (149.54), suggesting comparable exposure to external demand and supply shocks. The modest decline from the 2022 high may be linked to regional economic slowdown and commodity price volatility, yet the long‑term trajectory remains upward; continued reforms and deeper participation in regional trade initiatives are likely to reinforce the country’s openness in the coming years.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 153.67% - -
2026* trend 151.94% - -
2025* trend 150.22% - -
2025 150.22% +13.89% #31
2024 136.32% −11.47% #132
2023 147.79% −18.35% #150
2022 166.15% +19.43% #159
2021 146.72% +18.48% #158
2020 128.24% −10.33% #159
2019 138.58% +5.36% #158
2018 133.22% +9.08% #155
2017 124.14% +7.95% #148
2016 116.19% +2.49% #143
2015 113.70% +1.16% #143
2014 112.54% +7.68% #138
2013 104.86% −7.36% #125
2012 112.21% −0.98% #132
2011 113.19% +15.31% #135
Show all years (1990-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.7% GDP growth 2.6% C/A balance 0.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

North Macedonia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is North Macedonia's trade openness?▾

North Macedonia's trade openness was 150.22% in 2025. Ranked 31st globally. This represents a 10.2% increase from the previous year.

What was the highest trade openness in North Macedonia?▾

North Macedonia's trade openness peaked at 166.15% in 2022.

What was the lowest trade openness in North Macedonia?▾

The lowest trade openness in North Macedonia was 46.38% in 1991.

How does North Macedonia rank in trade openness?▾

North Macedonia ranks 31st globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of North Macedonia in 2025?▾

North Macedonia's trade openness is projected to reach 150.22% by 2025 based on trend extrapolation.

What is the trade openness of North Macedonia in 2025?▾

The trade openness of North Macedonia in 2025 was 150.22%. This ranks 31st in the world.

Cite this page

APA
North Macedonia Trade Openness. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/north-macedonia/trade-openness/
BibTeX
@misc{historysaid_north-macedonia_trade-openness, title = {North Macedonia Trade Openness}, url = {https://historysaid.com/north-macedonia/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
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