2023
Exports
$60.3MWorld Rnk 46 / 212
Flag Rnk 27 / 1032
2023
PRODUCT COMPLEXITY IN Other Heating Machinery
1.3Rnk 78 / 1025
2023
Imports
$17.4MWorld Rnk 117 / 225
Flag Rnk 142 / 1141

About

Exports In 2023, North Macedonia exported $60.3M in Other Heating Machinery, making it the 46th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 27th most exported product in North Macedonia. The main destination of Other Heating Machinery exports from North Macedonia are: Italy ($39M), Turkey ($11.1M), Germany ($2.99M), United Kingdom ($2.76M), and Netherlands ($1.3M).

The fastest growing export markets for Other Heating Machinery of North Macedonia between 2022 and 2023 were Turkey ($8.49M), United Kingdom ($1.69M), and Poland ($230k).

Imports In 2023, North Macedonia imported $17.4M in Other Heating Machinery, becoming the 117th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 142nd most imported product in North Macedonia. North Macedonia imports Other Heating Machinery primarily from: Italy ($2.77M), China ($2.26M), Germany ($1.83M), Poland ($1.81M), and Turkey ($1.14M).

The fastest growing import markets in Other Heating Machinery for North Macedonia between 2022 and 2023 were Poland ($1.36M), United Kingdom ($961k), and Netherlands ($379k).

Latest Trends

Dec 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 Other Heating Machinery. 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 (2023)$60.3M
IMPORTS (2023)$17.4M
NET TRADE (2023)$43M

In 2023, North Macedonia exported $60.3M in Other Heating Machinery. The main destinations of North Macedonia exports on Other Heating Machinery were Italy ($39M), Turkey ($11.1M), Germany ($2.99M), United Kingdom ($2.76M), and Netherlands ($1.3M).

In 2023, North Macedonia imported $17.4M in Other Heating Machinery, mainly from Italy ($2.77M), China ($2.26M), Germany ($1.83M), Poland ($1.81M), and Turkey ($1.14M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR North Macedonia WERE (2022 - 2023):
Turkey$8.49M (328%)
United Kingdom$1.69M (158%)
Poland$230k (32.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY North Macedonia WERE (2022 - 2023):
Netherlands-$592k (-31.3%)
South Korea-$476k (-100%)
Australia-$284k (-92.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, North Macedonia's main exporting competitors in Other Heating Machinery were:
China $8.69B
Germany $5.96B
Italy $4.77B
In 2023, North Macedonia's main importing competitors in Other Heating Machinery were:

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.16M
TOP IMPORT POTENTIALChina+ $1.59M

Other Heating Machinery’s highest export potential is Germany. With an export gap of $2.16M.   Other Heating Machinery’s highest import potential is China with an import gap of $1.59M.

See methodology.

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