Potential Circular Economy Priority Areas for North Macedonia slide image

Potential Circular Economy Priority Areas for North Macedonia

North Macedonia's key economic features relevant to circular economy Expanded INDUSTRY over the past Value added by grouped activity in North Macedonia (% of GDP), 2021 100 90 80 decade: 70 60 establishment of special economic zones played important role. Metallurgy is the largest industry but is energy and carbon-intense and the production of secondary materials is almost non-existent. Textile is the second biggest industry but is characterised by low recycling and reuse, leading to pressure on resources. The strong recovery of the automotive industry is a key driver of economic rebound. Industry represents 22.5% of GDP and 31% employment Textile accounts for 10% of exports and 13% of industrial GDP Metals production accounts for 11% of exports The automotive industry was responsible for 65% of exports in Jan 2021 50 40 30 20 10 0 !!!! North Macedonia WB6 Average EU â– Agriculture Industry Services OECD Employment by grouped activity in North Macedonia (% of GDP), 2012-21 70 60 50 40 30 20 10 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Sources: World Bank, 2022; OECD, 2021; Invest North Macedonia, 2022 Agriculture Industry Services 12
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