2022
Exports
$74.6kWorld Rnk 101 / 209
Flag Rnk 598 / 1022
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$3.93MWorld Rnk 133 / 223
Flag Rnk 359 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $74.6k in Padlocks, making it the 101st largest exporter of Padlocks in the world. At the same year, Padlocks was the 598th most exported product in North Macedonia. The main destination of Padlocks exports from North Macedonia are: Serbia ($48.7k), United Kingdom ($10k), Belgium ($5.2k), Slovenia ($3.12k), and Spain ($2.31k).

The fastest growing export markets for Padlocks of North Macedonia between 2021 and 2022 were United Kingdom ($9.99k), Finland ($1.38k), and Netherlands ($455).

Imports In 2022, North Macedonia imported $3.93M in Padlocks, becoming the 133rd largest importer of Padlocks in the world. At the same year, Padlocks was the 359th most imported product in North Macedonia. North Macedonia imports Padlocks primarily from: Italy ($865k), Serbia ($567k), China ($452k), Turkey ($423k), and Bulgaria ($408k).

The fastest growing import markets in Padlocks for North Macedonia between 2021 and 2022 were Turkey ($122k), Spain ($40.3k), and Belgium ($37.5k).

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 Padlocks. 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)$74.6k
IMPORTS (2022)$3.93M
NET TRADE (2022)-$3.85M

In 2022, North Macedonia exported $74.6k in Padlocks. The main destinations of North Macedonia exports on Padlocks were Serbia ($48.7k), United Kingdom ($10k), Belgium ($5.2k), Slovenia ($3.12k), and Spain ($2.31k).

In 2022, North Macedonia imported $3.93M in Padlocks, mainly from Italy ($865k), Serbia ($567k), China ($452k), Turkey ($423k), and Bulgaria ($408k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
United Kingdom$9.99k (35.7k%)
Finland$1.38k (691%)
Netherlands$455 (1.63k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY North Macedonia WERE (2021 - 2022):
Serbia-$105k (-68.3%)
Iran-$40.5k (-100%)
Bulgaria-$32.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, North Macedonia's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $18.4k
TOP IMPORT POTENTIALChina+ $483k

Padlocks’s highest export potential is United Kingdom. With an export gap of $18.4k.   Padlocks’s highest import potential is China with an import gap of $483k.

See methodology.

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