2022
Exports | Imports
$644M | $286MWorld Rnk 41 / 222
Flag Rnk 2 / 1022
World Rnk 63 / 225
Flag Rnk 6 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.16Rnk 52 / 124
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.57Rnk 718 / 1025

About

Exports In 2022, North Macedonia exported $644M in Insulated Wire, making it the 41st largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 2nd most exported product in North Macedonia. The main destination of Insulated Wire exports from North Macedonia are: Germany ($313M), Spain ($105M), Slovakia ($72.6M), Hungary ($34.2M), and Austria ($32.9M).

The fastest growing export markets for Insulated Wire of North Macedonia between 2021 and 2022 were Spain ($11.2M), Hungary ($4.03M), and Turkey ($3.58M).

Imports In 2022, North Macedonia imported $286M in Insulated Wire, becoming the 63rd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 6th most imported product in North Macedonia. North Macedonia imports Insulated Wire primarily from: Serbia ($76.3M), Hungary ($48.6M), Germany ($43M), Romania ($21M), and Turkey ($18.1M).

The fastest growing import markets in Insulated Wire for North Macedonia between 2021 and 2022 were Turkey ($10.4M), Hungary ($2.74M), and Bulgaria ($2.64M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Insulated Wire 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 Insulated Wire. 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)$644M
IMPORTS (2022)$286M
NET TRADE (2022)$357M

In 2022, North Macedonia exported $644M in Insulated Wire. The main destinations of North Macedonia exports on Insulated Wire were Germany ($313M), Spain ($105M), Slovakia ($72.6M), Hungary ($34.2M), and Austria ($32.9M).

In 2022, North Macedonia imported $286M in Insulated Wire, mainly from Serbia ($76.3M), Hungary ($48.6M), Germany ($43M), Romania ($21M), and Turkey ($18.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Spain$11.2M (11.9%)
Hungary$4.03M (13.4%)
Turkey$3.58M (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY North Macedonia WERE (2021 - 2022):
Germany-$24M (-7.13%)
Japan-$6.48M (-63.9%)
Austria-$2.87M (-8.01%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Insulated Wire were:
In 2022, North Macedonia's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

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