2018
Exports
$22MWorld Rnk 79 / 218
Flag Rnk 35 / 96
2023
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.13Rnk 132 / 1025
2018
Imports
$72.9MWorld Rnk 100 / 226
Flag Rnk 34 / 96

About

Exports In 2018, North Macedonia exported $22M in Paints, dyes, & varnishes, making it the 79th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 35th most exported product in North Macedonia. The main destination of Paints, dyes, & varnishes exports from North Macedonia are: Bulgaria ($9.2M), Serbia ($7.1M), Albania ($2.86M), Germany ($1.18M), and Italy ($254k).

The fastest growing export markets for Paints, dyes, & varnishes of North Macedonia between 2022 and 2023 were Bulgaria ($1.95M), Serbia ($1.01M), and Albania ($593k).

Imports In 2023, North Macedonia imported $72.9M in Paints, dyes, & varnishes, becoming the 100th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 34th most imported product in North Macedonia. North Macedonia imports Paints, dyes, & varnishes primarily from: Serbia ($24.4M), Italy ($8.96M), Germany ($6.28M), Turkey ($5.76M), and Greece ($5.63M).

The fastest growing import markets in Paints, dyes, & varnishes for North Macedonia between 2022 and 2023 were Serbia ($1.64M), Turkey ($1.54M), and Belgium ($926k).

Latest Trends

Dec 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 Paints, dyes, & varnishes. 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)$22M
IMPORTS (2023)$72.9M
NET TRADE (2023)-$50.8M

In 2023, North Macedonia exported $22M in Paints, dyes, & varnishes. The main destinations of North Macedonia exports on Paints, dyes, & varnishes were Bulgaria ($9.2M), Serbia ($7.1M), Albania ($2.86M), Germany ($1.18M), and Italy ($254k).

In 2023, North Macedonia imported $72.9M in Paints, dyes, & varnishes, mainly from Serbia ($24.4M), Italy ($8.96M), Germany ($6.28M), Turkey ($5.76M), and Greece ($5.63M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR North Macedonia WERE (2022 - 2023):
Bulgaria$1.95M (27%)
Serbia$1.01M (16.5%)
Albania$593k (26.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY North Macedonia WERE (2022 - 2023):
Italy-$148k (-36.8%)
Bosnia and Herzegovina-$130k (-40.6%)
Germany-$89.9k (-7.08%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, North Macedonia's main exporting competitors in Paints, dyes, & varnishes were:
In 2023, North Macedonia's main importing competitors in Paints, dyes, & varnishes were:

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $1.17M
TOP IMPORT POTENTIALGermany+ $2.99M

Paints, dyes, & varnishes’s highest export potential is Germany. With an export gap of $1.17M.   Paints, dyes, & varnishes’s highest import potential is Germany with an import gap of $2.99M.

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