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Exports In 2023, North Macedonia exported $3.79M in Iron Nails, making it the 49th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 175th most exported product in North Macedonia. The main destination of Iron Nails exports from North Macedonia are: Serbia ($1.52M), Bosnia and Herzegovina ($810k), Bulgaria ($413k), Montenegro ($328k), and Croatia ($301k).

The fastest growing export markets for Iron Nails of North Macedonia between 2022 and 2023 were Montenegro ($68.2k), Greece ($5.99k), and Switzerland ($1.25k).

Imports In 2023, North Macedonia imported $490k in Iron Nails, becoming the 172nd largest importer of Iron Nails in the world. At the same year, Iron Nails was the 732nd most imported product in North Macedonia. North Macedonia imports Iron Nails primarily from: Greece ($139k), Turkey ($99.3k), China ($87.4k), Serbia ($39.9k), and Slovakia ($26.2k).

The fastest growing import markets in Iron Nails for North Macedonia between 2022 and 2023 were Turkey ($52.9k), Serbia ($37.1k), and Greece ($10.2k).

Latest Trends

Dec 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 Iron Nails. 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)$3.79M
IMPORTS (2023)$490k
NET TRADE (2023)$3.3M

In 2023, North Macedonia exported $3.79M in Iron Nails. The main destinations of North Macedonia exports on Iron Nails were Serbia ($1.52M), Bosnia and Herzegovina ($810k), Bulgaria ($413k), Montenegro ($328k), and Croatia ($301k).

In 2023, North Macedonia imported $490k in Iron Nails, mainly from Greece ($139k), Turkey ($99.3k), China ($87.4k), Serbia ($39.9k), and Slovakia ($26.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR North Macedonia WERE (2022 - 2023):
Montenegro$68.2k (26.2%)
Greece$5.99k (4.22%)
Switzerland$1.25k (157%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY North Macedonia WERE (2022 - 2023):
Serbia-$414k (-21.4%)
Croatia-$272k (-47.5%)
Slovenia-$180k (-52.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, North Macedonia's main exporting competitors in Iron Nails were:
China $1.33B
In 2023, North Macedonia's main importing competitors in Iron Nails were:

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $127k
TOP IMPORT POTENTIALChina+ $111k

Iron Nails’s highest export potential is Germany. With an export gap of $127k.   Iron Nails’s highest import potential is China with an import gap of $111k.

See methodology.

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