2021
Exports
$1.83kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Iron Ingots
-1.39Rnk 930 / 1025
2021
Imports
$39World Rnk 169 / 172
Flag Rnk 1128 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Imports In 2022, North Macedonia imported $39 in Iron Ingots, becoming the 169th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 1128th most imported product in North Macedonia. North Macedonia imports Iron Ingots primarily from: Bulgaria ($20) and Slovenia ($19).

The fastest growing import markets in Iron Ingots for North Macedonia between 2021 and 2022 were Slovenia ($19).

Historical Data

Trade Balance

Color
EXPORTS (2021)$1.83k
IMPORTS (2022)$39
NET TRADE (2022)-$39

In 2022, North Macedonia imported $39 in Iron Ingots, mainly from Bulgaria ($20) and Slovenia ($19).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY North Macedonia WERE (N/A - 2021):Switzerland-$1.83k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, North Macedonia's main importing competitors in Iron Ingots were:

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $357
TOP IMPORT POTENTIALIndia+ $346

Iron Ingots’s highest export potential is Italy. With an export gap of $357.   Iron Ingots’s highest import potential is India with an import gap of $346.

See methodology.

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