2023
Exports
$32.5kWorld Rnk 80 / 143
Flag Rnk 696 / 1032
2023
PRODUCT COMPLEXITY IN Electrical Insulators
0.91Rnk 200 / 1025
2023
Imports
$2.08MWorld Rnk 101 / 206
Flag Rnk 475 / 1141

About

Exports In 2023, North Macedonia exported $32.5k in Electrical Insulators, making it the 80th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 696th most exported product in North Macedonia. The main destination of Electrical Insulators exports from North Macedonia are: Serbia ($26.9k), Hungary ($2.99k), Turkey ($1.95k), Bulgaria ($388), and Portugal ($130).

The fastest growing export markets for Electrical Insulators of North Macedonia between 2022 and 2023 were Serbia ($16.5k), Turkey ($977), and Bulgaria ($388).

Imports In 2023, North Macedonia imported $2.08M in Electrical Insulators, becoming the 101st largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 475th most imported product in North Macedonia. North Macedonia imports Electrical Insulators primarily from: Germany ($987k), Romania ($290k), Russia ($171k), China ($135k), and Switzerland ($127k).

The fastest growing import markets in Electrical Insulators for North Macedonia between 2022 and 2023 were Germany ($333k), Romania ($290k), and Russia ($171k).

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 Electrical Insulators. 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)$32.5k
IMPORTS (2023)$2.08M
NET TRADE (2023)-$2.05M

In 2023, North Macedonia exported $32.5k in Electrical Insulators. The main destinations of North Macedonia exports on Electrical Insulators were Serbia ($26.9k), Hungary ($2.99k), Turkey ($1.95k), Bulgaria ($388), and Portugal ($130).

In 2023, North Macedonia imported $2.08M in Electrical Insulators, mainly from Germany ($987k), Romania ($290k), Russia ($171k), China ($135k), and Switzerland ($127k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR North Macedonia WERE (2022 - 2023):
Serbia$16.5k (158%)
Turkey$977 (101%)
Bulgaria$388 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY North Macedonia WERE (2022 - 2023):
Germany-$31.5k (-100%)
Netherlands-$1.57k (-100%)
Hungary-$611 (-17%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, North Macedonia's main exporting competitors in Electrical Insulators were:
In 2023, North Macedonia's main importing competitors in Electrical Insulators were:

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Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $22.6k
TOP IMPORT POTENTIALGermany+ $52.5k

Electrical Insulators’s highest export potential is Germany. With an export gap of $22.6k.   Electrical Insulators’s highest import potential is Germany with an import gap of $52.5k.

See methodology.

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