North Macedonia

North Macedonia offers a stable business environment, low production costs, and access to key markets through various free trade agreements. As an EU candidate, it attracts export-oriented companies, particularly in automotive, metal processing, textiles, IT, and BPO. Government incentives and a skilled workforce further support investment. Germany is North Macedonia’s top trade partner and a key source of foreign investment.

North Macedonia offers a stable economic environment, competitive production costs, and preferential access to EU and regional markets. As an EU candidate with numerous free trade agreements – including with the EU, EFTA, CEFTA, and Turkey – the country is an attractive location for export-oriented companies.

Key industries include automotive supply, metal processing, textiles, as well as IT and BPO services. Government incentive programs, modern industrial and technology zones, and a well-educated workforce provide additional motivation for investors.

German-North Macedonian economic relations are strong: Germany has been the country’s most important trade partner for years and is home to many German investors – especially in the automotive supply, medical equipment, agriculture, retail, and logistics sectors.

Since 2020, the strategic partner of AHK North Macedonia has been the German-Macedonian Business Association. DMWV

Further market info: GTAI Economy in North Macedonia Nordmazedonien

Useful links:

Invest in Macedonia Invest North Macedonia

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