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Exports In 2022, North Macedonia exported $2.36k in Nitric Acids, making it the 93rd largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 904th most exported product in North Macedonia. The main destination of Nitric Acids exports from North Macedonia are: Serbia ($2.35k), United Kingdom ($6), and Netherlands ($1).

The fastest growing export markets for Nitric Acids of North Macedonia between 2021 and 2022 were United Kingdom ($6) and Netherlands ($1).

Imports In 2022, North Macedonia imported $463k in Nitric Acids, becoming the 85th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 732nd most imported product in North Macedonia. North Macedonia imports Nitric Acids primarily from: Hungary ($94.4k), Serbia ($75.3k), Greece ($70.1k), Bulgaria ($69.9k), and Germany ($49.4k).

The fastest growing import markets in Nitric Acids for North Macedonia between 2021 and 2022 were Serbia ($50.5k), Greece ($39k), and Slovakia ($37.2k).

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 Nitric Acids. 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)$2.36k
IMPORTS (2022)$463k
NET TRADE (2022)-$461k

In 2022, North Macedonia exported $2.36k in Nitric Acids. The main destinations of North Macedonia exports on Nitric Acids were Serbia ($2.35k), United Kingdom ($6), and Netherlands ($1).

In 2022, North Macedonia imported $463k in Nitric Acids, mainly from Hungary ($94.4k), Serbia ($75.3k), Greece ($70.1k), Bulgaria ($69.9k), and Germany ($49.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY North Macedonia WERE (2021 - 2022):
Poland-$6.26k (-100%)
Serbia-$3.98k (-62.8%)
Albania-$209 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, North Macedonia's main exporting competitors in Nitric Acids were:
In 2022, North Macedonia's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $509
TOP IMPORT POTENTIALGermany+ $18.5k

Nitric Acids’s highest export potential is Germany. With an export gap of $509.   Nitric Acids’s highest import potential is Germany with an import gap of $18.5k.

See methodology.

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