2022
Exports
$228MWorld Rnk 15 / 152
Flag Rnk 7 / 1022
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2022
Imports
$7.71MWorld Rnk 126 / 217
Flag Rnk 242 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $228M in Buses, making it the 15th largest exporter of Buses in the world. At the same year, Buses was the 7th most exported product in North Macedonia. The main destination of Buses exports from North Macedonia are: Belgium ($77.4M), United States ($71.5M), Germany ($27.5M), Denmark ($25.6M), and Italy ($13.2M).

The fastest growing export markets for Buses of North Macedonia between 2021 and 2022 were Belgium ($58.2M), United States ($39.2M), and Germany ($27.5M).

Imports In 2022, North Macedonia imported $7.71M in Buses, becoming the 126th largest importer of Buses in the world. At the same year, Buses was the 242nd most imported product in North Macedonia. North Macedonia imports Buses primarily from: Germany ($2.5M), Belgium ($1.18M), Austria ($840k), Turkey ($799k), and Croatia ($516k).

The fastest growing import markets in Buses for North Macedonia between 2021 and 2022 were Belgium ($852k), Turkey ($476k), and Croatia ($463k).

Latest Trends

Oct 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 Buses. 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)$228M
IMPORTS (2022)$7.71M
NET TRADE (2022)$220M

In 2022, North Macedonia exported $228M in Buses. The main destinations of North Macedonia exports on Buses were Belgium ($77.4M), United States ($71.5M), Germany ($27.5M), Denmark ($25.6M), and Italy ($13.2M).

In 2022, North Macedonia imported $7.71M in Buses, mainly from Germany ($2.5M), Belgium ($1.18M), Austria ($840k), Turkey ($799k), and Croatia ($516k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Belgium$58.2M (303%)
United States$39.2M (122%)
Germany$27.5M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY North Macedonia WERE (2021 - 2022):
Montenegro-$36.8k (-100%)
Hungary-$3.66k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, North Macedonia's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.18M
TOP IMPORT POTENTIALTurkey+ $401k

Buses’s highest export potential is Germany. With an export gap of $5.18M.   Buses’s highest import potential is Turkey with an import gap of $401k.

See methodology.

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