Country Profile

North Macedonia

North Macedonia is an emerging destination for Indian pharmaceutical exports — $14.6M in FY 2025–26, with 3.8× growth over the past decade. Medicine Ingredients accounts for 62% of shipments. The compound annual growth rate since FY2015 stands at 13.0%.

🇲🇰 $14.6M · 3.8× growth since FY2015 · 13.0% CAGR
Single-source profile. All data from DGCIS India export records (fiscal year, April–March).
$14.6M
Exports FY2025–26 DGCIS
3.8×
Growth FY2015→2026
13.0%
CAGR FY2015→2026
62%
Medicine Ingredients Share
4
Product Categories Supplied
North Macedonia is an emerging destination for Indian pharmaceutical exports — $14.6M in FY 2025–26, with 3.8× growth over the past decade. Medicine Ingredients accounts for 62% of shipments. The compound annual growth rate since FY2015 stands at 13.0%.
Export Trend DGCIS FY
Category Mix — FY 2025–26 DGCIS
Medicine Ingredients $9.05M (61.8%) Medicines $5.53M (37.8%) Traditional & Herbal $50K (0.3%) Surgical & Hospital Supplies $11K (0.1%)
Top 10 Products — FY 2025–26 DGCIS
Indian Pharma Investment Source: RBI ODI Data

No recorded pharmaceutical sector investment transactions from Indian companies to North Macedonia in the RBI overseas direct investment dataset (2011–2026).