2022
Exports | Imports
$20.6M | $57.1MWorld Rnk 44 / 152
Flag Rnk 62 / 1022
World Rnk 55 / 211
Flag Rnk 37 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.16Rnk 52 / 124
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.93Rnk 825 / 1025

About

Exports In 2022, North Macedonia exported $20.6M in Seed Oils, making it the 44th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 62nd most exported product in North Macedonia. The main destination of Seed Oils exports from North Macedonia are: Serbia ($8.63M), Albania ($7.12M), Greece ($2.59M), Montenegro ($1.36M), and Bulgaria ($689k).

The fastest growing export markets for Seed Oils of North Macedonia between 2021 and 2022 were Albania ($2.62M), Greece ($1.93M), and Montenegro ($1.29M).

Imports In 2022, North Macedonia imported $57.1M in Seed Oils, becoming the 55th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 37th most imported product in North Macedonia. North Macedonia imports Seed Oils primarily from: Serbia ($27.2M), Bulgaria ($15.7M), Ukraine ($10.6M), Bosnia and Herzegovina ($1.63M), and Romania ($1.2M).

The fastest growing import markets in Seed Oils for North Macedonia between 2021 and 2022 were Ukraine ($10.6M), Bosnia and Herzegovina ($1.46M), and Romania ($1.2M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Seed Oils 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 Seed Oils. 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)$20.6M
IMPORTS (2022)$57.1M
NET TRADE (2022)-$36.6M

In 2022, North Macedonia exported $20.6M in Seed Oils. The main destinations of North Macedonia exports on Seed Oils were Serbia ($8.63M), Albania ($7.12M), Greece ($2.59M), Montenegro ($1.36M), and Bulgaria ($689k).

In 2022, North Macedonia imported $57.1M in Seed Oils, mainly from Serbia ($27.2M), Bulgaria ($15.7M), Ukraine ($10.6M), Bosnia and Herzegovina ($1.63M), and Romania ($1.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Albania$2.62M (58.3%)
Greece$1.93M (294%)
Montenegro$1.29M (1.84k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY North Macedonia WERE (2021 - 2022):
Serbia-$1.25M (-12.6%)
Netherlands-$5.73k (-99.6%)
Croatia-$5.19k (-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 Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, North Macedonia's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

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