Europe ¡ Country profile
North Macedonia
India-North Macedonia trade corridor: $16.9B bilateral trade, $6.5B FDI into India.
$16.9B
Trade with India
+15.4% YoY
$1.07T
GDP
Nominal
$6.5B
FDI into India
Cumulative
+$1.7B
Trade balance
India surplus
Top exports to North Macedonia
- IT hardware
- Refined petroleum
- Organic chemicals
Top imports from North Macedonia
- Plastics
- Fertilisers
- Scientific instruments
Trade corridor with India
2025: $16.9B ¡ 5-yr CAGR 14.0%
Goods trade in USD billion, illustrative demo figures.
Latest North Macedonia stories
Trade5h ago7 min read
India-North Macedonia bilateral trade hits a new quarterly high
FDI8h ago3 min read
North Macedonia investors commit fresh capital to Indian manufacturing
Policy11h ago4 min read
Revised tariff schedule for India-North Macedonia goods notified
Technology14h ago5 min read
India and North Macedonia deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 8% to 4% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 4 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-North Macedonia Business Forum
Mar 2027 ¡ New Delhi
Delegation
Trade delegation to North Macedonia
Nov 2026 ¡ North Macedonia
Buyer meet
North Macedonia buyers-sellers meet
Dec 2026 ¡ Mumbai
Policy
Joint working group on market access
Feb 2027 ¡ Virtual
Opportunity sectors
đŠēS40Medical Devices & Healthtech12% projected demand growthđS45Pharmaceutical21% projected demand growthđī¸S50Semiconductors25% projected demand growthâī¸S55Steel27% projected demand growthđ§S60Water Resources & Management17% projected demand growthâī¸S05Atomic Energy12% projected demand growth