2023
Exports
$263kWorld Rnk 128 / 186
Flag Rnk 452 / 1032
2023
PRODUCT COMPLEXITY IN Electric Generating Sets
0.35Rnk 440 / 1025
2023
Imports
$9.65MWorld Rnk 144 / 223
Flag Rnk 216 / 1141

About

Exports In 2023, North Macedonia exported $263k in Electric Generating Sets, making it the 128th largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 452nd most exported product in North Macedonia. The main destination of Electric Generating Sets exports from North Macedonia are: Bulgaria ($193k), Serbia ($18.8k), Bosnia and Herzegovina ($18.4k), United Kingdom ($14k), and Ukraine ($9k).

The fastest growing export markets for Electric Generating Sets of North Macedonia between 2022 and 2023 were Bosnia and Herzegovina ($15.1k), United Kingdom ($14k), and Albania ($6.55k).

Imports In 2023, North Macedonia imported $9.65M in Electric Generating Sets, becoming the 144th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 216th most imported product in North Macedonia. North Macedonia imports Electric Generating Sets primarily from: Italy ($3.21M), Turkey ($1.79M), Austria ($1.39M), China ($1.28M), and France ($866k).

The fastest growing import markets in Electric Generating Sets for North Macedonia between 2022 and 2023 were Italy ($2.48M), Austria ($1.39M), and China ($293k).

Latest Trends

Jan 2025

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 Generating Sets. 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 (2023)$263k
IMPORTS (2023)$9.65M
NET TRADE (2023)-$9.39M

In 2023, North Macedonia exported $263k in Electric Generating Sets. The main destinations of North Macedonia exports on Electric Generating Sets were Bulgaria ($193k), Serbia ($18.8k), Bosnia and Herzegovina ($18.4k), United Kingdom ($14k), and Ukraine ($9k).

In 2023, North Macedonia imported $9.65M in Electric Generating Sets, mainly from Italy ($3.21M), Turkey ($1.79M), Austria ($1.39M), China ($1.28M), and France ($866k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Generating Sets EXPORT MARKETS FOR North Macedonia WERE (2022 - 2023):
Albania$6.55k (931%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Generating Sets BY North Macedonia WERE (2022 - 2023):
Georgia-$737k (-100%)
Ukraine-$185k (-95.4%)
Croatia-$121k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, North Macedonia's main exporting competitors in Electric Generating Sets were:
In 2023, North Macedonia's main importing competitors in Electric Generating Sets were:

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Trade Value of Electric Generating Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUkraine+ $84.2k
TOP IMPORT POTENTIALChina+ $1.21M

Electric Generating Sets’s highest export potential is Ukraine. With an export gap of $84.2k.   Electric Generating Sets’s highest import potential is China with an import gap of $1.21M.

See methodology.

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