2022
Exports
$930kWorld Rnk 50 / 105
Flag Rnk 302 / 1022
2022
PRODUCT COMPLEXITY IN Iron Powder
0.78Rnk 252 / 1025
2022
Imports
$302kWorld Rnk 85 / 176
Flag Rnk 794 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $930k in Iron Powder, making it the 50th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 302nd most exported product in North Macedonia. The main destination of Iron Powder exports from North Macedonia are: Poland ($314k), Serbia ($120k), Romania ($96.8k), Czechia ($76.8k), and Hungary ($60.7k).

The fastest growing export markets for Iron Powder of North Macedonia between 2021 and 2022 were Romania ($96.8k), Poland ($64k), and Hungary ($60.4k).

Imports In 2022, North Macedonia imported $302k in Iron Powder, becoming the 85th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 794th most imported product in North Macedonia. North Macedonia imports Iron Powder primarily from: Slovenia ($273k), China ($10.2k), India ($9.36k), Serbia ($7.08k), and United States ($2.1k).

The fastest growing import markets in Iron Powder for North Macedonia between 2021 and 2022 were India ($9.36k), China ($7.99k), and United States ($1.59k).

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 Iron Powder. 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)$930k
IMPORTS (2022)$302k
NET TRADE (2022)$628k

In 2022, North Macedonia exported $930k in Iron Powder. The main destinations of North Macedonia exports on Iron Powder were Poland ($314k), Serbia ($120k), Romania ($96.8k), Czechia ($76.8k), and Hungary ($60.7k).

In 2022, North Macedonia imported $302k in Iron Powder, mainly from Slovenia ($273k), China ($10.2k), India ($9.36k), Serbia ($7.08k), and United States ($2.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Romania$96.8k (1%)
Poland$64k (25.6%)
Hungary$60.4k (28.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY North Macedonia WERE (2021 - 2022):
Czechia-$312k (-80.3%)
Slovenia-$94.7k (-81.8%)
Italy-$52.6k (-49.5%)

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 Powder were:
In 2022, North Macedonia's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $64.7k
TOP IMPORT POTENTIALChina+ $17.4k

Iron Powder’s highest export potential is Italy. With an export gap of $64.7k.   Iron Powder’s highest import potential is China with an import gap of $17.4k.

See methodology.

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