2023
Exports
$382kWorld Rnk 85 / 167
Flag Rnk 389 / 1032
2023
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 45 / 1025
2023
Imports
$6.07MWorld Rnk 88 / 214
Flag Rnk 282 / 1141

About

Exports In 2023, North Macedonia exported $382k in Forging Machines, making it the 85th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 389th most exported product in North Macedonia. The main destination of Forging Machines exports from North Macedonia are: France ($195k), Germany ($50k), Hungary ($30k), Serbia ($22.4k), and Netherlands ($20.7k).

The fastest growing export markets for Forging Machines of North Macedonia between 2022 and 2023 were France ($195k), Germany ($31.8k), and Hungary ($30k).

Imports In 2023, North Macedonia imported $6.07M in Forging Machines, becoming the 88th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 282nd most imported product in North Macedonia. North Macedonia imports Forging Machines primarily from: China ($1.61M), Italy ($1.37M), Turkey ($913k), Germany ($828k), and Switzerland ($521k).

The fastest growing import markets in Forging Machines for North Macedonia between 2022 and 2023 were China ($689k), Germany ($313k), and Belgium ($91.9k).

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 Forging Machines. 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)$382k
IMPORTS (2023)$6.07M
NET TRADE (2023)-$5.69M

In 2023, North Macedonia exported $382k in Forging Machines. The main destinations of North Macedonia exports on Forging Machines were France ($195k), Germany ($50k), Hungary ($30k), Serbia ($22.4k), and Netherlands ($20.7k).

In 2023, North Macedonia imported $6.07M in Forging Machines, mainly from China ($1.61M), Italy ($1.37M), Turkey ($913k), Germany ($828k), and Switzerland ($521k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR North Macedonia WERE (2022 - 2023):
France$195k (1%)
Germany$31.8k (174%)
Hungary$30k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY North Macedonia WERE (2022 - 2023):
Italy-$339k (-95.4%)
Czechia-$128k (-99.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, North Macedonia's main exporting competitors in Forging Machines were:
China $1.99B
Italy $1.4B
Germany $1.17B
In 2023, North Macedonia's main importing competitors in Forging Machines were:

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Trade Value of Forging Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $128k
TOP IMPORT POTENTIALChina+ $531k

Forging Machines’s highest export potential is Italy. With an export gap of $128k.   Forging Machines’s highest import potential is China with an import gap of $531k.

See methodology.

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