Market Opportunities
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Historically, U.S. exports to North Macedonia have performed strongest in construction and industrial machinery, chemical products, laboratory and medical equipment, pharmaceuticals, meat and poultry, industrial supplies, consumer electronics and household goods, as well as toys, games, sporting goods, and computers. Other opportunities include:
- Energy – The government has privatized some energy assets and is providing concessions for other energy opportunities. EVN, the private electricity distribution company, continues to make substantial infrastructure investments.
- Transportation – The government of North Macedonia prioritizes upgrades to the country’s transportation infrastructure and is looking for trusted international companies for road and rail projects.
- Information Technology and Computers – This growing sector continues to provide opportunities for U.S. companies, both by providing hardware, software, and services to local entities and by setting up remote service providers in-country to take advantage of North Macedonia’s talent pool.
- Construction – There are both export and investment opportunities available for U.S. companies in the construction and building materials sector.
- Hotel and Restaurant Equipment/Tourism – The country’s geographic location, scenic areas, and historical and religious sites provide opportunities for tourism industry investment, development, and management.
- Agriculture – Agriculture is an important segment of the economy with expanded opportunities for U.S. exports of fertilizer, farming equipment, and food processing machinery.