2022
Exports
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2022
ECONOMIC COMPLEXITY of North Macedonia
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About

Exports In 2022, North Macedonia exported $553M in Electrical energy, making it the 38th largest exporter of Electrical energy in the world. At the same year, Electrical energy was the 3rd most exported product in North Macedonia. The main destination of Electrical energy exports from North Macedonia are: Greece ($428M), Serbia ($73M), Luxembourg ($23.2M), Switzerland ($9.37M), and Slovenia ($6.67M).

The fastest growing export markets for Electrical energy of North Macedonia between 2021 and 2022 were Greece ($407M), Serbia ($54.2M), and Luxembourg ($20.9M).

The fastest growing import markets in Electrical energy for North Macedonia between 2021 and 2022 were Greece ($180M), Bulgaria ($88.6M), and Serbia ($81.6M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$553M

In 2022, North Macedonia exported $553M in Electrical energy. The main destinations of North Macedonia exports on Electrical energy were Greece ($428M), Serbia ($73M), Luxembourg ($23.2M), Switzerland ($9.37M), and Slovenia ($6.67M).

In N/A, North Macedonia imported N/A in Electrical energy, mainly from Greece ($259M), Bulgaria ($214M), Serbia ($154M), Luxembourg ($53.1M), and Switzerland ($47.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical energy EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Greece$407M (1.94k%)
Serbia$54.2M (288%)
Luxembourg$20.9M (939%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical energy BY North Macedonia WERE (2021 - 2022):
Czechia-$27.6M (-100%)
Bulgaria-$435k (-11.1%)
Romania-$423k (-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 Electrical energy were:
In 2022, North Macedonia's main importing competitors in Electrical energy were:
France $14.6B
Germany $12.9B
Italy $11.9B

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Trade Value of Electrical energy by Exporters

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