North Macedonia
On this page you will find beneficial information regarding foreign direct investment in / trading with North Macedonia. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Republic
Population: 2.065 million (2021)
GDP: 13.83 billion USD (2021)
Corporate Tax Rate: 10%
Personal Income Tax Rate: 10%
Major Exports: Reaction and Catalytic Products ($1.91B), Centrifuges ($907M), Insulated Wire ($653M), Ferroalloys ($290M), and Seats ($263M), exporting mostly to Germany ($3.85B), Serbia ($701M), Bulgaria ($405M), Greece ($289M), and Italy ($251M).
Major Imports: Platinum ($1.45B), Refined Petroleum ($1.21B), Precious Metal Compounds ($565M), Electricity ($433M), and Laboratory Ceramic Ware ($319M), importing mostly from United Kingdom ($2.05B), Greece ($1.84B), Germany ($1.2B), Serbia ($976M), and China ($631M).
Investment Agency: Invest North Macedonia
Website: https://investnorthmacedonia.gov.mk/
National Chamber of Commerce: Chamber of Commerce of North Macedonia
Website: https://www.mchamber.mk/default.aspx
Customs Agency: Customs Administration of North Macedonia
Website: https://customs.gov.mk/en-GB/pocetna.nspx
