2022
Exports
$329kWorld Rnk 76 / 198
Flag Rnk 414 / 1022
2022
PRODUCT COMPLEXITY IN Electrical Resistors
0.88Rnk 215 / 1025
2022
Imports
$10.5MWorld Rnk 57 / 214
Flag Rnk 196 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $329k in Electrical Resistors, making it the 76th largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 414th most exported product in North Macedonia. The main destination of Electrical Resistors exports from North Macedonia are: Germany ($83.3k), Bulgaria ($80.6k), Hungary ($60.8k), Tunisia ($57.2k), and China ($31.4k).

The fastest growing export markets for Electrical Resistors of North Macedonia between 2021 and 2022 were Bulgaria ($80.6k), Germany ($56.5k), and Hungary ($50.5k).

Imports In 2018, North Macedonia imported $10.5M in Electrical Resistors, becoming the 57th largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 196th most imported product in North Macedonia. North Macedonia imports Electrical Resistors primarily from: Germany ($3.73M), China ($2.05M), Hungary ($1.66M), Indonesia ($917k), and Japan ($593k).

The fastest growing import markets in Electrical Resistors for North Macedonia between 2021 and 2022 were China ($682k), Germany ($529k), and Hungary ($66.1k).

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 Electrical Resistors. 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)$329k
IMPORTS (2022)$10.5M
NET TRADE (2022)-$10.2M

In 2022, North Macedonia exported $329k in Electrical Resistors. The main destinations of North Macedonia exports on Electrical Resistors were Germany ($83.3k), Bulgaria ($80.6k), Hungary ($60.8k), Tunisia ($57.2k), and China ($31.4k).

In 2022, North Macedonia imported $10.5M in Electrical Resistors, mainly from Germany ($3.73M), China ($2.05M), Hungary ($1.66M), Indonesia ($917k), and Japan ($593k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Bulgaria$80.6k (137k%)
Germany$56.5k (211%)
Hungary$50.5k (493%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY North Macedonia WERE (2021 - 2022):
Romania-$24.9k (-98%)
Poland-$7.95k (-94.1%)
Mexico-$2.16k (-96.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Electrical Resistors were:
China $4.72B
Germany $1.33B
Japan $1.08B
In 2022, North Macedonia's main importing competitors in Electrical Resistors were:

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Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $99.3k
TOP IMPORT POTENTIALChina+ $854k

Electrical Resistors’s highest export potential is Germany. With an export gap of $99.3k.   Electrical Resistors’s highest import potential is China with an import gap of $854k.

See methodology.

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