2022
Exports | Imports
$246M | $217MWorld Rnk 38 / 151
Flag Rnk 6 / 1022
World Rnk 57 / 214
Flag Rnk 9 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.16Rnk 52 / 124
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.31Rnk 451 / 1025

About

Exports In 2022, North Macedonia exported $246M in Hot-Rolled Iron, making it the 38th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 6th most exported product in North Macedonia. The main destination of Hot-Rolled Iron exports from North Macedonia are: Turkey ($81.7M), Italy ($40.9M), Serbia ($26.9M), Germany ($17.6M), and Bulgaria ($15.4M).

The fastest growing export markets for Hot-Rolled Iron of North Macedonia between 2021 and 2022 were Turkey ($39.5M), Germany ($4.3M), and Italy ($4.12M).

Imports In 2022, North Macedonia imported $217M in Hot-Rolled Iron, becoming the 57th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 9th most imported product in North Macedonia. North Macedonia imports Hot-Rolled Iron primarily from: Romania ($65.3M), Serbia ($37M), Turkey ($36.1M), China ($32.2M), and Ukraine ($26.4M).

The fastest growing import markets in Hot-Rolled Iron for North Macedonia between 2021 and 2022 were China ($32.2M), Turkey ($25.3M), and Serbia ($22.1M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Hot-Rolled Iron from North Macedonia to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hot-Rolled Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$246M
IMPORTS (2022)$217M
NET TRADE (2022)$29M

In 2022, North Macedonia exported $246M in Hot-Rolled Iron. The main destinations of North Macedonia exports on Hot-Rolled Iron were Turkey ($81.7M), Italy ($40.9M), Serbia ($26.9M), Germany ($17.6M), and Bulgaria ($15.4M).

In 2022, North Macedonia imported $217M in Hot-Rolled Iron, mainly from Romania ($65.3M), Serbia ($37M), Turkey ($36.1M), China ($32.2M), and Ukraine ($26.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Turkey$39.5M (93.7%)
Germany$4.3M (32.2%)
Italy$4.12M (11.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY North Macedonia WERE (2021 - 2022):
Croatia-$2.25M (-31.4%)
Hungary-$2.14M (-32%)
Albania-$2.07M (-51.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
In 2022, North Macedonia's main importing competitors in Hot-Rolled Iron were:

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Trade Value of Hot-Rolled Iron by Exporters

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