2022
Exports
falseWorld Rnk 42 / 113
Flag Rnk 640 / 1022
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $55.1k in Olive Oil, making it the 42nd largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 640th most exported product in North Macedonia. The main destination of Olive Oil exports from North Macedonia are: Bosnia and Herzegovina ($33.5k) and Serbia ($21.6k).

The fastest growing export markets for Olive Oil of North Macedonia between 2021 and 2022 were Bosnia and Herzegovina ($22.9k).

The fastest growing import markets in Olive Oil for North Macedonia between 2021 and 2022 were Spain ($166k) and Italy ($137k).

Latest Trends

Sep 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 Olive Oil. 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)$55.1k

In 2022, North Macedonia exported $55.1k in Olive Oil. The main destinations of North Macedonia exports on Olive Oil were Bosnia and Herzegovina ($33.5k) and Serbia ($21.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):Bosnia and Herzegovina$22.9k (216%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY North Macedonia WERE (2021 - 2022):Serbia-$23.6k (-52.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, North Macedonia's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $818
N/AN/AN/A

Olive Oil’s highest export potential is Italy. With an export gap of $818.   Olive Oil’s highest import potential is N/A with an import gap of N/A.

See methodology.

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