2022
Exports
$93.1kWorld Rnk 103 / 200
Flag Rnk 88 / 96
2022
PRODUCT COMPLEXITY IN Musical instruments
1.43Rnk 66 / 1025
2022
Imports
$1.29MWorld Rnk 112 / 224
Flag Rnk 87 / 96
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $93.1k in Musical instruments, making it the 103rd largest exporter of Musical instruments in the world. At the same year, Musical instruments was the 88th most exported product in North Macedonia. The main destination of Musical instruments exports from North Macedonia are: Czechia ($49.1k), Chile ($8.92k), Albania ($8.03k), China ($7.43k), and Netherlands ($5.41k).

The fastest growing export markets for Musical instruments of North Macedonia between 2021 and 2022 were Czechia ($48.7k), Chile ($8.77k), and China ($7.43k).

Imports In 2022, North Macedonia imported $1.29M in Musical instruments, becoming the 112th largest importer of Musical instruments in the world. At the same year, Musical instruments was the 87th most imported product in North Macedonia. North Macedonia imports Musical instruments primarily from: China ($264k), Germany ($243k), Serbia ($128k), Indonesia ($121k), and Japan ($92.5k).

The fastest growing import markets in Musical instruments for North Macedonia between 2021 and 2022 were Serbia ($57.2k), Czechia ($55.4k), and Italy ($23.9k).

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 Musical instruments. 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)$93.1k
IMPORTS (2022)$1.29M
NET TRADE (2022)-$1.2M

In 2022, North Macedonia exported $93.1k in Musical instruments. The main destinations of North Macedonia exports on Musical instruments were Czechia ($49.1k), Chile ($8.92k), Albania ($8.03k), China ($7.43k), and Netherlands ($5.41k).

In 2022, North Macedonia imported $1.29M in Musical instruments, mainly from China ($264k), Germany ($243k), Serbia ($128k), Indonesia ($121k), and Japan ($92.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical instruments EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Czechia$48.7k (13.7k%)
Chile$8.77k (6.09k%)
China$7.43k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical instruments BY North Macedonia WERE (2021 - 2022):
Bulgaria-$6.16k (-100%)
Albania-$4.34k (-35.1%)
Belgium-$297 (-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 Musical instruments were:
China $2.53B
Germany $1.01B
In 2022, North Macedonia's main importing competitors in Musical instruments were:

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Trade Value of Musical instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.8k
TOP IMPORT POTENTIALChina+ $196k

Musical instruments’s highest export potential is China. With an export gap of $12.8k.   Musical instruments’s highest import potential is China with an import gap of $196k.

See methodology.

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