2022
Exports | Imports
$5.3M | $348MWorld Rnk 104 / 160
Flag Rnk 151 / 1022
World Rnk 69 / 222
Flag Rnk 5 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.16Rnk 52 / 124
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-2.03Rnk 1002 / 1025

About

Exports In 2022, North Macedonia exported $5.3M in Petroleum Gas, making it the 104th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 151st most exported product in North Macedonia. The main destination of Petroleum Gas exports from North Macedonia are: Serbia ($1.26M), Bosnia and Herzegovina ($889k), Germany ($729k), Romania ($436k), and Montenegro ($433k).

The fastest growing export markets for Petroleum Gas of North Macedonia between 2021 and 2022 were Germany ($355k), Romania ($300k), and Serbia ($177k).

Imports In 2022, North Macedonia imported $348M in Petroleum Gas, becoming the 69th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 5th most imported product in North Macedonia. North Macedonia imports Petroleum Gas primarily from: Russia ($294M), Bulgaria ($16.6M), Serbia ($10.8M), Romania ($7.56M), and Algeria ($5.61M).

The fastest growing import markets in Petroleum Gas for North Macedonia between 2021 and 2022 were Russia ($194M), Algeria ($3.43M), and Serbia ($2.39M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Petroleum Gas from North Macedonia to the United States.

Latest Trends

Feb 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 Petroleum Gas. 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)$5.3M
IMPORTS (2022)$348M
NET TRADE (2022)-$343M

In 2022, North Macedonia exported $5.3M in Petroleum Gas. The main destinations of North Macedonia exports on Petroleum Gas were Serbia ($1.26M), Bosnia and Herzegovina ($889k), Germany ($729k), Romania ($436k), and Montenegro ($433k).

In 2022, North Macedonia imported $348M in Petroleum Gas, mainly from Russia ($294M), Bulgaria ($16.6M), Serbia ($10.8M), Romania ($7.56M), and Algeria ($5.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Germany$355k (94.8%)
Romania$300k (221%)
Serbia$177k (16.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY North Macedonia WERE (2021 - 2022):
Greece-$206k (-52.5%)
Poland-$87.5k (-44.1%)
France-$49.8k (-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 Petroleum Gas were:
In 2022, North Macedonia's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

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