2022
Exports
$65.9kWorld Rnk 95 / 187
Flag Rnk 615 / 1022
2022
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts
1.05Rnk 150 / 1025
2022
Imports
$346kWorld Rnk 132 / 220
Flag Rnk 779 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $65.9k in Opto-Electric Instrument Parts, making it the 95th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 615th most exported product in North Macedonia. The main destination of Opto-Electric Instrument Parts exports from North Macedonia are: Germany ($13.5k), United Kingdom ($11.2k), Italy ($9.26k), Thailand ($8.72k), and Bolivia ($6.83k).

The fastest growing export markets for Opto-Electric Instrument Parts of North Macedonia between 2021 and 2022 were Germany ($13.5k), United Kingdom ($11.2k), and Italy ($9.26k).

Imports In 2022, North Macedonia imported $346k in Opto-Electric Instrument Parts, becoming the 132nd largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 779th most imported product in North Macedonia. North Macedonia imports Opto-Electric Instrument Parts primarily from: Hungary ($76.8k), Turkey ($54.8k), Germany ($51.7k), Slovenia ($32.4k), and Bulgaria ($29.3k).

The fastest growing import markets in Opto-Electric Instrument Parts for North Macedonia between 2021 and 2022 were Hungary ($45.2k), Israel ($13k), and Bulgaria ($12.4k).

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 Opto-Electric Instrument Parts. 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)$65.9k
IMPORTS (2022)$346k
NET TRADE (2022)-$280k

In 2022, North Macedonia exported $65.9k in Opto-Electric Instrument Parts. The main destinations of North Macedonia exports on Opto-Electric Instrument Parts were Germany ($13.5k), United Kingdom ($11.2k), Italy ($9.26k), Thailand ($8.72k), and Bolivia ($6.83k).

In 2022, North Macedonia imported $346k in Opto-Electric Instrument Parts, mainly from Hungary ($76.8k), Turkey ($54.8k), Germany ($51.7k), Slovenia ($32.4k), and Bulgaria ($29.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Germany$13.5k (42.2k%)
United Kingdom$11.2k (1%)
Italy$9.26k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY North Macedonia WERE (2021 - 2022):
Greece-$732 (-25.8%)
Iceland-$267 (-100%)
Slovenia-$123 (-70.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Opto-Electric Instrument Parts were:
In 2022, North Macedonia's main importing competitors in Opto-Electric Instrument Parts were:

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Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $20.2k
TOP IMPORT POTENTIALGermany+ $39.9k

Opto-Electric Instrument Parts’s highest export potential is Germany. With an export gap of $20.2k.   Opto-Electric Instrument Parts’s highest import potential is Germany with an import gap of $39.9k.

See methodology.

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