2022
Exports
$5.1kWorld Rnk 103 / 144
Flag Rnk 856 / 1022
2022
PRODUCT COMPLEXITY IN Waxes
0.46Rnk 381 / 1025
2022
Imports
$1.75MWorld Rnk 90 / 203
Flag Rnk 507 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $5.1k in Waxes, making it the 103rd largest exporter of Waxes in the world. At the same year, Waxes was the 856th most exported product in North Macedonia. The main destination of Waxes exports from North Macedonia are: Serbia ($5.1k).

The fastest growing export markets for Waxes of North Macedonia between 2021 and 2022 were Serbia ($5.1k).

Imports In 2022, North Macedonia imported $1.75M in Waxes, becoming the 90th largest importer of Waxes in the world. At the same year, Waxes was the 507th most imported product in North Macedonia. North Macedonia imports Waxes primarily from: Bulgaria ($463k), Germany ($379k), Turkey ($128k), Italy ($118k), and United States ($117k).

The fastest growing import markets in Waxes for North Macedonia between 2021 and 2022 were Bulgaria ($197k), Turkey ($86.3k), and India ($79.2k).

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 Waxes. 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)$5.1k
IMPORTS (2022)$1.75M
NET TRADE (2022)-$1.75M

In 2022, North Macedonia exported $5.1k in Waxes. The main destinations of North Macedonia exports on Waxes were Serbia ($5.1k).

In 2022, North Macedonia imported $1.75M in Waxes, mainly from Bulgaria ($463k), Germany ($379k), Turkey ($128k), Italy ($118k), and United States ($117k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):Serbia$5.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY North Macedonia WERE (2021 - 2022):
Sweden-$393 (-100%)
Poland-$29 (-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 Waxes were:
In 2022, North Macedonia's main importing competitors in Waxes were:

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Trade Value of Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSerbia+ $1.37k
TOP IMPORT POTENTIALGermany+ $134k

Waxes’s highest export potential is Serbia. With an export gap of $1.37k.   Waxes’s highest import potential is Germany with an import gap of $134k.

See methodology.

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