2023
Exports
$237kWorld Rnk 73 / 187
Flag Rnk 466 / 1032
2023
PRODUCT COMPLEXITY IN Electromagnets
1.1Rnk 144 / 1025
2023
Imports
$2.6MWorld Rnk 84 / 216
Flag Rnk 430 / 1141

About

Exports In 2023, North Macedonia exported $237k in Electromagnets, making it the 73rd largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 466th most exported product in North Macedonia. The main destination of Electromagnets exports from North Macedonia are: Turkey ($200k), Serbia ($6.34k), United States ($5.77k), Hungary ($4.49k), and South Africa ($4.4k).

The fastest growing export markets for Electromagnets of North Macedonia between 2022 and 2023 were Turkey ($40.7k), United States ($5.77k), and South Africa ($4.4k).

Imports In 2023, North Macedonia imported $2.6M in Electromagnets, becoming the 84th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 430th most imported product in North Macedonia. North Macedonia imports Electromagnets primarily from: China ($1.13M), Italy ($349k), Germany ($263k), Romania ($213k), and Malaysia ($157k).

The fastest growing import markets in Electromagnets for North Macedonia between 2022 and 2023 were Italy ($189k), Romania ($105k), and Czechia ($102k).

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 Electromagnets. 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)$237k
IMPORTS (2023)$2.6M
NET TRADE (2023)-$2.36M

In 2023, North Macedonia exported $237k in Electromagnets. The main destinations of North Macedonia exports on Electromagnets were Turkey ($200k), Serbia ($6.34k), United States ($5.77k), Hungary ($4.49k), and South Africa ($4.4k).

In 2023, North Macedonia imported $2.6M in Electromagnets, mainly from China ($1.13M), Italy ($349k), Germany ($263k), Romania ($213k), and Malaysia ($157k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR North Macedonia WERE (2022 - 2023):
Turkey$40.7k (25.6%)
United States$5.77k (1%)
South Africa$4.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY North Macedonia WERE (2022 - 2023):
Serbia-$4.36k (-40.7%)
Germany-$3.94k (-64.9%)
Guyana-$261 (-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 Electromagnets were:
China $5.34B
Germany $1.17B
Japan $974M
In 2023, North Macedonia's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
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N/AN/AN/A
TOP IMPORT POTENTIALChina+ $655k

Electromagnets’s highest export potential is N/A. With an export gap of N/A.   Electromagnets’s highest import potential is China with an import gap of $655k.

See methodology.

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