2022
Exports
$8.66MWorld Rnk 82 / 222
Flag Rnk 115 / 1022
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$38MWorld Rnk 92 / 225
Flag Rnk 58 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $8.66M in Other Iron Products, making it the 82nd largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 115th most exported product in North Macedonia. The main destination of Other Iron Products exports from North Macedonia are: Germany ($2.49M), Italy ($1.97M), Belgium ($917k), Bulgaria ($679k), and Serbia ($487k).

The fastest growing export markets for Other Iron Products of North Macedonia between 2021 and 2022 were Germany ($1.96M), Netherlands ($389k), and United Kingdom ($271k).

Imports In 2022, North Macedonia imported $38M in Other Iron Products, becoming the 92nd largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 58th most imported product in North Macedonia. North Macedonia imports Other Iron Products primarily from: Germany ($6.55M), Belgium ($4.96M), Italy ($4.23M), Japan ($3.22M), and Slovakia ($3.17M).

The fastest growing import markets in Other Iron Products for North Macedonia between 2021 and 2022 were Germany ($4.35M), Belgium ($3.62M), and Italy ($1.01M).

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 Iron Products. 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)$8.66M
IMPORTS (2022)$38M
NET TRADE (2022)-$29.3M

In 2022, North Macedonia exported $8.66M in Other Iron Products. The main destinations of North Macedonia exports on Other Iron Products were Germany ($2.49M), Italy ($1.97M), Belgium ($917k), Bulgaria ($679k), and Serbia ($487k).

In 2022, North Macedonia imported $38M in Other Iron Products, mainly from Germany ($6.55M), Belgium ($4.96M), Italy ($4.23M), Japan ($3.22M), and Slovakia ($3.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Germany$1.96M (375%)
Netherlands$389k (628%)
United Kingdom$271k (3.74k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY North Macedonia WERE (2021 - 2022):
Belgium-$160k (-14.9%)
South Africa-$84.8k (-97.9%)
Austria-$76.4k (-67%)

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

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $2.3M
TOP IMPORT POTENTIALChina+ $3.55M

Other Iron Products’s highest export potential is Germany. With an export gap of $2.3M.   Other Iron Products’s highest import potential is China with an import gap of $3.55M.

See methodology.

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