2018
Exports
$83.7kWorld Rnk 76 / 109
Flag Rnk 588 / 1022
2022
PRODUCT COMPLEXITY IN Nitrites and Nitrates
-0.15Rnk 597 / 1025
2018
Imports
$1.53MWorld Rnk 85 / 183
Flag Rnk 534 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2018, North Macedonia exported $83.7k in Nitrites and Nitrates, making it the 76th largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 588th most exported product in North Macedonia. The main destination of Nitrites and Nitrates exports from North Macedonia are: Bosnia and Herzegovina ($58k), Greece ($10.2k), Croatia ($9.11k), Turkey ($3.68k), and Serbia ($2.46k).

The fastest growing export markets for Nitrites and Nitrates of North Macedonia between 2021 and 2022 were Bosnia and Herzegovina ($42.9k), Greece ($10.2k), and Croatia ($7.94k).

Imports In 2022, North Macedonia imported $1.53M in Nitrites and Nitrates, becoming the 85th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 534th most imported product in North Macedonia. North Macedonia imports Nitrites and Nitrates primarily from: United Kingdom ($460k), Hungary ($305k), Italy ($205k), Israel ($157k), and Ireland ($129k).

The fastest growing import markets in Nitrites and Nitrates for North Macedonia between 2021 and 2022 were Hungary ($125k), Israel ($91.3k), and Chile ($46.9k).

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 Nitrites and Nitrates. 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)$83.7k
IMPORTS (2022)$1.53M
NET TRADE (2022)-$1.45M

In 2022, North Macedonia exported $83.7k in Nitrites and Nitrates. The main destinations of North Macedonia exports on Nitrites and Nitrates were Bosnia and Herzegovina ($58k), Greece ($10.2k), Croatia ($9.11k), Turkey ($3.68k), and Serbia ($2.46k).

In 2022, North Macedonia imported $1.53M in Nitrites and Nitrates, mainly from United Kingdom ($460k), Hungary ($305k), Italy ($205k), Israel ($157k), and Ireland ($129k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Greece$10.2k (1%)
Croatia$7.94k (680%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrites and Nitrates BY North Macedonia WERE (2021 - 2022):
Serbia-$173 (-6.56%)
Albania-$69 (-23.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Nitrites and Nitrates were:
Chile $587M
China $269M
In 2022, North Macedonia's main importing competitors in Nitrites and Nitrates were:

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGreece+ $8.84k
TOP IMPORT POTENTIALChile+ $48k

Nitrites and Nitrates’s highest export potential is Greece. With an export gap of $8.84k.   Nitrites and Nitrates’s highest import potential is Chile with an import gap of $48k.

See methodology.

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