2022
Exports
$2.12MWorld Rnk 40 / 97
Flag Rnk 223 / 1022
2022
PRODUCT COMPLEXITY IN Precious Metal Compounds
1.09Rnk 139 / 1025
2022
Imports
$510MWorld Rnk 9 / 184
Flag Rnk 4 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $2.12M in Precious Metal Compounds, making it the 40th largest exporter of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 223rd most exported product in North Macedonia. The main destination of Precious Metal Compounds exports from North Macedonia are: Germany ($1.38M), Serbia ($135k), Switzerland ($129k), Peru ($89.4k), and Argentina ($43.7k).

The fastest growing export markets for Precious Metal Compounds of North Macedonia between 2021 and 2022 were Switzerland ($111k), United Kingdom ($42.5k), and Peru ($38.7k).

Imports In 2022, North Macedonia imported $510M in Precious Metal Compounds, becoming the 9th largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 4th most imported product in North Macedonia. North Macedonia imports Precious Metal Compounds primarily from: United Kingdom ($510M), Germany ($539k), Poland ($4.33k), Belgium ($2.91k), and France ($844).

The fastest growing import markets in Precious Metal Compounds for North Macedonia between 2021 and 2022 were Germany ($94.7k), Belgium ($2.01k), and India ($320).

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 Precious Metal Compounds. 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)$2.12M
IMPORTS (2022)$510M
NET TRADE (2022)-$508M

In 2022, North Macedonia exported $2.12M in Precious Metal Compounds. The main destinations of North Macedonia exports on Precious Metal Compounds were Germany ($1.38M), Serbia ($135k), Switzerland ($129k), Peru ($89.4k), and Argentina ($43.7k).

In 2022, North Macedonia imported $510M in Precious Metal Compounds, mainly from United Kingdom ($510M), Germany ($539k), Poland ($4.33k), Belgium ($2.91k), and France ($844).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Compounds EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Switzerland$111k (628%)
United Kingdom$42.5k (21.1k%)
Peru$38.7k (76.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Compounds BY North Macedonia WERE (2021 - 2022):
Germany-$448k (-24.5%)
Turkey-$95.6k (-75.4%)
Argentina-$84.7k (-66%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Precious Metal Compounds were:
In 2022, North Macedonia's main importing competitors in Precious Metal Compounds were:
India $1.47B
Czechia $1.07B

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Trade Value of Precious Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $364k
TOP IMPORT POTENTIALGermany+ $1.31M

Precious Metal Compounds’s highest export potential is Germany. With an export gap of $364k.   Precious Metal Compounds’s highest import potential is Germany with an import gap of $1.31M.

See methodology.

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