2022
Exports
$272kWorld Rnk 88 / 178
Flag Rnk 443 / 1022
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$300kWorld Rnk 140 / 208
Flag Rnk 795 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $272k in Precious Metal Watches, making it the 88th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 443rd most exported product in North Macedonia. The main destination of Precious Metal Watches exports from North Macedonia are: Latvia ($250k), Italy ($14.7k), Netherlands ($6.62k), Germany ($89), and Estonia ($67).

The fastest growing export markets for Precious Metal Watches of North Macedonia between 2021 and 2022 were Italy ($14.7k), Netherlands ($6.62k), and Germany ($89).

Imports In 2022, North Macedonia imported $300k in Precious Metal Watches, becoming the 140th largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 795th most imported product in North Macedonia. North Macedonia imports Precious Metal Watches primarily from: Austria ($108k), Greece ($84.5k), China ($53.5k), United Arab Emirates ($29k), and Switzerland ($20.4k).

The fastest growing import markets in Precious Metal Watches for North Macedonia between 2021 and 2022 were Greece ($74.1k), United Arab Emirates ($28.8k), and China ($17.6k).

Latest Trends

Sep 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 Watches. 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)$272k
IMPORTS (2022)$300k
NET TRADE (2022)-$28.6k

In 2022, North Macedonia exported $272k in Precious Metal Watches. The main destinations of North Macedonia exports on Precious Metal Watches were Latvia ($250k), Italy ($14.7k), Netherlands ($6.62k), Germany ($89), and Estonia ($67).

In 2022, North Macedonia imported $300k in Precious Metal Watches, mainly from Austria ($108k), Greece ($84.5k), China ($53.5k), United Arab Emirates ($29k), and Switzerland ($20.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Italy$14.7k (1%)
Netherlands$6.62k (662k%)
Germany$89 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY North Macedonia WERE (2021 - 2022):
Latvia-$5.18k (-2.03%)
Switzerland-$993 (-100%)
Slovakia-$655 (-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 Precious Metal Watches were:
In 2022, North Macedonia's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $31.6k
TOP IMPORT POTENTIALSwitzerland+ $43.7k

Precious Metal Watches’s highest export potential is Italy. With an export gap of $31.6k.   Precious Metal Watches’s highest import potential is Switzerland with an import gap of $43.7k.

See methodology.

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