2022
Exports
$834kWorld Rnk 146 / 176
Flag Rnk 314 / 1022
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$7.17MWorld Rnk 101 / 178
Flag Rnk 251 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $834k in Gold, making it the 146th largest exporter of Gold in the world. At the same year, Gold was the 314th most exported product in North Macedonia. The main destination of Gold exports from North Macedonia are: Turkey ($834k).

The fastest growing export markets for Gold of North Macedonia between 2021 and 2022 were Turkey ($834k).

Imports In 2022, North Macedonia imported $7.17M in Gold, becoming the 101st largest importer of Gold in the world. At the same year, Gold was the 251st most imported product in North Macedonia. North Macedonia imports Gold primarily from: Germany ($3.5M), Switzerland ($2.54M), Turkey ($1.01M), Austria ($70k), and Serbia ($28.9k).

The fastest growing import markets in Gold for North Macedonia between 2021 and 2022 were Germany ($3.36M), Switzerland ($2.26M), and Turkey ($888k).

Latest Trends

Jul 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 Gold. 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)$834k
IMPORTS (2022)$7.17M
NET TRADE (2022)-$6.33M

In 2022, North Macedonia exported $834k in Gold. The main destinations of North Macedonia exports on Gold were Turkey ($834k).

In 2022, North Macedonia imported $7.17M in Gold, mainly from Germany ($3.5M), Switzerland ($2.54M), Turkey ($1.01M), Austria ($70k), and Serbia ($28.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):Turkey$834k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY North Macedonia WERE (2021 - 2022):Italy-$699k (-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 Gold were:
In 2022, North Macedonia's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $733k
TOP IMPORT POTENTIALSwitzerland+ $2.47M

Gold’s highest export potential is Turkey. With an export gap of $733k.   Gold’s highest import potential is Switzerland with an import gap of $2.47M.

See methodology.

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