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Exports In 2023, North Macedonia exported $174M in Electric Batteries, making it the 38th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 11th most exported product in North Macedonia. The main destination of Electric Batteries exports from North Macedonia are: Slovenia ($42.7M), Germany ($26.9M), Spain ($22.8M), Hungary ($21M), and Turkey ($11.7M).

The fastest growing export markets for Electric Batteries of North Macedonia between 2022 and 2023 were Turkey ($11.6M), Spain ($6.55M), and Poland ($2.1M).

Imports In 2023, North Macedonia imported $75.3M in Electric Batteries, becoming the 73rd largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 26th most imported product in North Macedonia. North Macedonia imports Electric Batteries primarily from: Slovenia ($18.7M), United States ($13M), Japan ($10.7M), China ($5.84M), and Switzerland ($5.54M).

The fastest growing import markets in Electric Batteries for North Macedonia between 2022 and 2023 were Slovenia ($3.98M), United States ($2.65M), and Switzerland ($1.81M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Electric Batteries. 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 (2023)$174M
IMPORTS (2023)$75.3M
NET TRADE (2023)$98.2M

In 2023, North Macedonia exported $174M in Electric Batteries. The main destinations of North Macedonia exports on Electric Batteries were Slovenia ($42.7M), Germany ($26.9M), Spain ($22.8M), Hungary ($21M), and Turkey ($11.7M).

In 2023, North Macedonia imported $75.3M in Electric Batteries, mainly from Slovenia ($18.7M), United States ($13M), Japan ($10.7M), China ($5.84M), and Switzerland ($5.54M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR North Macedonia WERE (2022 - 2023):
Turkey$11.6M (12.9k%)
Spain$6.55M (40.4%)
Poland$2.1M (91.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY North Macedonia WERE (2022 - 2023):
Italy-$21M (-67.4%)
Germany-$10.2M (-27.5%)
Slovenia-$3.44M (-7.46%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, North Macedonia's main exporting competitors in Electric Batteries were:
In 2023, North Macedonia's main importing competitors in Electric Batteries were:

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $6.14M
TOP IMPORT POTENTIALChina+ $7.57M

Electric Batteries’s highest export potential is Germany. With an export gap of $6.14M.   Electric Batteries’s highest import potential is China with an import gap of $7.57M.

See methodology.

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