2022
Exports
$99.8kWorld Rnk 83 / 148
Flag Rnk 570 / 1022
2022
PRODUCT COMPLEXITY IN Rock Wool
0.63Rnk 307 / 1025
2022
Imports
$3.81MWorld Rnk 86 / 215
Flag Rnk 364 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $99.8k in Rock Wool, making it the 83rd largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 570th most exported product in North Macedonia. The main destination of Rock Wool exports from North Macedonia are: Italy ($70k), Serbia ($13.1k), Switzerland ($10.9k), Bulgaria ($3.31k), and Albania ($1.65k).

The fastest growing export markets for Rock Wool of North Macedonia between 2021 and 2022 were Switzerland ($3.27k), Poland ($602), and Italy ($264).

Imports In 2022, North Macedonia imported $3.81M in Rock Wool, becoming the 86th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 364th most imported product in North Macedonia. North Macedonia imports Rock Wool primarily from: Greece ($941k), Italy ($939k), Serbia ($595k), Germany ($463k), and Romania ($170k).

The fastest growing import markets in Rock Wool for North Macedonia between 2021 and 2022 were Italy ($220k), Greece ($142k), and Romania ($67.5k).

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 Rock Wool. 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)$99.8k
IMPORTS (2022)$3.81M
NET TRADE (2022)-$3.71M

In 2022, North Macedonia exported $99.8k in Rock Wool. The main destinations of North Macedonia exports on Rock Wool were Italy ($70k), Serbia ($13.1k), Switzerland ($10.9k), Bulgaria ($3.31k), and Albania ($1.65k).

In 2022, North Macedonia imported $3.81M in Rock Wool, mainly from Greece ($941k), Italy ($939k), Serbia ($595k), Germany ($463k), and Romania ($170k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Switzerland$3.27k (42.7%)
Poland$602 (1%)
Italy$264 (0.38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY North Macedonia WERE (2021 - 2022):
Netherlands-$62.4k (-100%)
Serbia-$53.6k (-80.3%)
Belgium-$11.1k (-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 Rock Wool were:
In 2022, North Macedonia's main importing competitors in Rock Wool were:

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Trade Value of Rock Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $57k
TOP IMPORT POTENTIALGermany+ $184k

Rock Wool’s highest export potential is Italy. With an export gap of $57k.   Rock Wool’s highest import potential is Germany with an import gap of $184k.

See methodology.

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