2022
Exports
$470kWorld Rnk 95 / 208
Flag Rnk 373 / 1022
2022
PRODUCT COMPLEXITY IN Knitted Hats
-1.26Rnk 897 / 1025
2022
Imports
$1.95MWorld Rnk 110 / 220
Flag Rnk 487 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $470k in Knitted Hats, making it the 95th largest exporter of Knitted Hats in the world. At the same year, Knitted Hats was the 373rd most exported product in North Macedonia. The main destination of Knitted Hats exports from North Macedonia are: Italy ($166k), Belgium ($124k), Germany ($91.9k), China ($24.7k), and Kuwait ($9.32k).

The fastest growing export markets for Knitted Hats of North Macedonia between 2021 and 2022 were Italy ($86.8k), Germany ($41.4k), and China ($20.8k).

Imports In 2022, North Macedonia imported $1.95M in Knitted Hats, becoming the 110th largest importer of Knitted Hats in the world. At the same year, Knitted Hats was the 487th most imported product in North Macedonia. North Macedonia imports Knitted Hats primarily from: China ($942k), Turkey ($423k), Serbia ($155k), Poland ($75.1k), and Germany ($68.3k).

The fastest growing import markets in Knitted Hats for North Macedonia between 2021 and 2022 were China ($211k), Poland ($59.8k), and Turkey ($45.1k).

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 Knitted Hats. 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)$470k
IMPORTS (2022)$1.95M
NET TRADE (2022)-$1.48M

In 2022, North Macedonia exported $470k in Knitted Hats. The main destinations of North Macedonia exports on Knitted Hats were Italy ($166k), Belgium ($124k), Germany ($91.9k), China ($24.7k), and Kuwait ($9.32k).

In 2022, North Macedonia imported $1.95M in Knitted Hats, mainly from China ($942k), Turkey ($423k), Serbia ($155k), Poland ($75.1k), and Germany ($68.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted Hats EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Italy$86.8k (110%)
Germany$41.4k (81.9%)
China$20.8k (539%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted Hats BY North Macedonia WERE (2021 - 2022):
Belgium-$108k (-46.6%)
Japan-$31.6k (-87.1%)
Canada-$14.4k (-96.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Knitted Hats were:
In 2022, North Macedonia's main importing competitors in Knitted Hats were:

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Trade Value of Knitted Hats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $99.5k
TOP IMPORT POTENTIALChina+ $374k

Knitted Hats’s highest export potential is Germany. With an export gap of $99.5k.   Knitted Hats’s highest import potential is China with an import gap of $374k.

See methodology.

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