2022
Exports
$125MWorld Rnk 40 / 209
Flag Rnk 15 / 1022
2022
PRODUCT COMPLEXITY IN Electric Batteries
1.02Rnk 164 / 1025
2022
Imports
$69.2MWorld Rnk 79 / 225
Flag Rnk 24 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $125M in Electric Batteries, making it the 40th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 15th most exported product in North Macedonia. The main destination of Electric Batteries exports from North Macedonia are: Italy ($31.1M), Hungary ($20.6M), Slovenia ($17.6M), Spain ($16.2M), and France ($9.57M).

The fastest growing export markets for Electric Batteries of North Macedonia between 2021 and 2022 were Slovenia ($9.44M), Spain ($3.93M), and Netherlands ($799k).

Imports In 2022, North Macedonia imported $69.2M in Electric Batteries, becoming the 79th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 24th most imported product in North Macedonia. North Macedonia imports Electric Batteries primarily from: Slovenia ($16.6M), United States ($10.4M), Japan ($10.1M), China ($7.81M), and Switzerland ($3.82M).

The fastest growing import markets in Electric Batteries for North Macedonia between 2021 and 2022 were United States ($10.1M), China ($5.24M), and Slovenia ($3.47M).

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 Electric Batteries. 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)$125M
IMPORTS (2022)$69.2M
NET TRADE (2022)$55.4M

In 2022, North Macedonia exported $125M in Electric Batteries. The main destinations of North Macedonia exports on Electric Batteries were Italy ($31.1M), Hungary ($20.6M), Slovenia ($17.6M), Spain ($16.2M), and France ($9.57M).

In 2022, North Macedonia imported $69.2M in Electric Batteries, mainly from Slovenia ($16.6M), United States ($10.4M), Japan ($10.1M), China ($7.81M), and Switzerland ($3.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Slovenia$9.44M (115%)
Spain$3.93M (32%)
Netherlands$799k (662%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY North Macedonia WERE (2021 - 2022):
Russia-$6.13M (-94.3%)
Ukraine-$2.99M (-84.6%)
Italy-$2.4M (-7.16%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Electric Batteries were:
In 2022, North Macedonia's main importing competitors in Electric Batteries were:

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $6.14M
TOP IMPORT POTENTIALChina+ $7.57M

Electric Batteries’s highest export potential is Germany. With an export gap of $6.14M.   Electric Batteries’s highest import potential is China with an import gap of $7.57M.

See methodology.

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