2022
Exports
$1.11MWorld Rnk 96 / 216
Flag Rnk 281 / 1022
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$9.23MWorld Rnk 126 / 224
Flag Rnk 217 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $1.11M in Other Electrical Machinery, making it the 96th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 281st most exported product in North Macedonia. The main destination of Other Electrical Machinery exports from North Macedonia are: Italy ($575k), Germany ($192k), Serbia ($57.9k), Sweden ($38.8k), and United Kingdom ($35k).

The fastest growing export markets for Other Electrical Machinery of North Macedonia between 2021 and 2022 were Italy ($53.9k), United Kingdom ($35k), and Sweden ($34.9k).

Imports In 2022, North Macedonia imported $9.23M in Other Electrical Machinery, becoming the 126th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 217th most imported product in North Macedonia. North Macedonia imports Other Electrical Machinery primarily from: China ($4.43M), Serbia ($613k), Malaysia ($599k), Germany ($575k), and Italy ($441k).

The fastest growing import markets in Other Electrical Machinery for North Macedonia between 2021 and 2022 were Finland ($231k), Israel ($124k), and Malaysia ($92.6k).

Latest Trends

Oct 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 Other Electrical Machinery. 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)$1.11M
IMPORTS (2022)$9.23M
NET TRADE (2022)-$8.11M

In 2022, North Macedonia exported $1.11M in Other Electrical Machinery. The main destinations of North Macedonia exports on Other Electrical Machinery were Italy ($575k), Germany ($192k), Serbia ($57.9k), Sweden ($38.8k), and United Kingdom ($35k).

In 2022, North Macedonia imported $9.23M in Other Electrical Machinery, mainly from China ($4.43M), Serbia ($613k), Malaysia ($599k), Germany ($575k), and Italy ($441k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Italy$53.9k (10.3%)
Sweden$34.9k (880%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY North Macedonia WERE (2021 - 2022):
Slovenia-$791k (-97.8%)
Germany-$168k (-46.7%)
United Arab Emirates-$110k (-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 Other Electrical Machinery were:
In 2022, North Macedonia's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $231k
TOP IMPORT POTENTIALChina+ $2.05M

Other Electrical Machinery’s highest export potential is Germany. With an export gap of $231k.   Other Electrical Machinery’s highest import potential is China with an import gap of $2.05M.

See methodology.

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