2022
Exports
$128kWorld Rnk 73 / 138
Flag Rnk 524 / 1022
2022
PRODUCT COMPLEXITY IN Traffic Signals
1.02Rnk 165 / 1025
2022
Imports
$2.76MWorld Rnk 80 / 210
Flag Rnk 416 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $128k in Traffic Signals, making it the 73rd largest exporter of Traffic Signals in the world. At the same year, Traffic Signals was the 524th most exported product in North Macedonia. The main destination of Traffic Signals exports from North Macedonia are: Serbia ($125k), Nepal ($2.4k), and Austria ($90).

The fastest growing export markets for Traffic Signals of North Macedonia between 2021 and 2022 were Serbia ($15.2k), Nepal ($2.4k), and Austria ($90).

Imports In 2022, North Macedonia imported $2.76M in Traffic Signals, becoming the 80th largest importer of Traffic Signals in the world. At the same year, Traffic Signals was the 416th most imported product in North Macedonia. North Macedonia imports Traffic Signals primarily from: Turkey ($2.45M), Serbia ($82.5k), Spain ($52.2k), Croatia ($38.4k), and China ($34.8k).

The fastest growing import markets in Traffic Signals for North Macedonia between 2021 and 2022 were Turkey ($1.15M), Serbia ($30.5k), and Germany ($20.3k).

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 Traffic Signals. 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)$128k
IMPORTS (2022)$2.76M
NET TRADE (2022)-$2.63M

In 2022, North Macedonia exported $128k in Traffic Signals. The main destinations of North Macedonia exports on Traffic Signals were Serbia ($125k), Nepal ($2.4k), and Austria ($90).

In 2022, North Macedonia imported $2.76M in Traffic Signals, mainly from Turkey ($2.45M), Serbia ($82.5k), Spain ($52.2k), Croatia ($38.4k), and China ($34.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Traffic Signals EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Serbia$15.2k (13.8%)
Nepal$2.4k (1%)
Austria$90 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Traffic Signals BY North Macedonia WERE (2021 - 2022):
Spain-$146 (-100%)
United Kingdom-$56 (-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 Traffic Signals were:
In 2022, North Macedonia's main importing competitors in Traffic Signals were:

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Trade Value of Traffic Signals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.25k
TOP IMPORT POTENTIALChina+ $60.6k

Traffic Signals’s highest export potential is United States. With an export gap of $1.25k.   Traffic Signals’s highest import potential is China with an import gap of $60.6k.

See methodology.

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