2022
Exports
$18.2MWorld Rnk 76 / 217
Flag Rnk 41 / 96
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.08Rnk 144 / 1025
2022
Imports
$66.5MWorld Rnk 103 / 225
Flag Rnk 35 / 96
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $18.2M in Paints, dyes, & varnishes, making it the 76th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 41st most exported product in North Macedonia. The main destination of Paints, dyes, & varnishes exports from North Macedonia are: Serbia ($7.29M), Bulgaria ($5.81M), Albania ($2.26M), Germany ($1.23M), and Italy ($351k).

The fastest growing export markets for Paints, dyes, & varnishes of North Macedonia between 2021 and 2022 were Italy ($233k), Bulgaria ($171k), and Slovenia ($67.5k).

Imports In 2022, North Macedonia imported $66.5M in Paints, dyes, & varnishes, becoming the 103rd largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 35th most imported product in North Macedonia. North Macedonia imports Paints, dyes, & varnishes primarily from: Serbia ($24.4M), Italy ($8.85M), Greece ($5.28M), Germany ($4.45M), and Turkey ($4.4M).

The fastest growing import markets in Paints, dyes, & varnishes for North Macedonia between 2021 and 2022 were Belgium ($439k), Turkey ($428k), and Albania ($356k).

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 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 (2022)$18.2M
IMPORTS (2022)$66.5M
NET TRADE (2022)-$48.3M

In 2022, North Macedonia exported $18.2M in Paints, dyes, & varnishes. The main destinations of North Macedonia exports on Paints, dyes, & varnishes were Serbia ($7.29M), Bulgaria ($5.81M), Albania ($2.26M), Germany ($1.23M), and Italy ($351k).

In 2022, North Macedonia imported $66.5M in Paints, dyes, & varnishes, mainly from Serbia ($24.4M), Italy ($8.85M), Greece ($5.28M), Germany ($4.45M), and Turkey ($4.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Italy$233k (198%)
Bulgaria$171k (3.03%)
Slovenia$67.5k (334%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY North Macedonia WERE (2021 - 2022):
Serbia-$882k (-10.8%)
Croatia-$412k (-76.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Paints, dyes, & varnishes were:
In 2022, 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

Flow
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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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