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: 2.058 million (2022)
GDP: 13.56 billion USD (2022)
Corporate Tax Rate: 10%
Personal Income Tax Rate: 10%
Major Exports: The top exports of North Macedonia are Reaction and Catalytic Products ($2.64B), Insulated Wire ($644M), Electricity ($553M), Motor vehicles; parts and accessories (8701 to 8705) ($274M), and Seats ($268M), exporting mostly to Germany ($3.96B), Serbia ($800M), Greece ($683M), Bulgaria ($443M), and Italy ($307M).
Major Imports: The top imports of North Macedonia are Platinum ($1.44B), Refined Petroleum ($1.2B), Electricity ($779M), Precious Metal Compounds ($510M), and Petroleum Gas ($348M), importing mostly from United Kingdom ($2.03B), Greece ($1.7B), Germany ($1.12B), Serbia ($1.03B), and China ($829M).
Investment Agency: Invest North Macedonia
Website: https://investnorthmacedonia.gov.mk/
Partner Chamber of Commerce: Macedonian Chamber of Commerce
Website: https://chamber.mk/
Customs Agency: Customs Administration of North Macedonia
Website: https://customs.gov.mk/en-GB/pocetna.nspx
