2018
Exports
$17.5kWorld Rnk 106 / 157
Flag Rnk 752 / 1022
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2018
Imports
$1.04MWorld Rnk 111 / 215
Flag Rnk 608 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2018, North Macedonia exported $17.5k in Silicone, making it the 106th largest exporter of Silicone in the world. At the same year, Silicone was the 752nd most exported product in North Macedonia. The main destination of Silicone exports from North Macedonia are: Serbia ($14.6k), Germany ($1.38k), Albania ($1.34k), Switzerland ($149), and Austria ($26).

The fastest growing export markets for Silicone of North Macedonia between 2021 and 2022 were Albania ($638) and Austria ($26).

Imports In 2022, North Macedonia imported $1.04M in Silicone, becoming the 111th largest importer of Silicone in the world. At the same year, Silicone was the 608th most imported product in North Macedonia. North Macedonia imports Silicone primarily from: China ($457k), Germany ($191k), Bulgaria ($100k), Serbia ($79.3k), and Belgium ($37.4k).

The fastest growing import markets in Silicone for North Macedonia between 2021 and 2022 were China ($329k), Germany ($62.8k), and Bulgaria ($22.4k).

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 Silicone. 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)$17.5k
IMPORTS (2022)$1.04M
NET TRADE (2022)-$1.02M

In 2022, North Macedonia exported $17.5k in Silicone. The main destinations of North Macedonia exports on Silicone were Serbia ($14.6k), Germany ($1.38k), Albania ($1.34k), Switzerland ($149), and Austria ($26).

In 2022, North Macedonia imported $1.04M in Silicone, mainly from China ($457k), Germany ($191k), Bulgaria ($100k), Serbia ($79.3k), and Belgium ($37.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Albania$638 (91.5%)
Austria$26 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY North Macedonia WERE (2021 - 2022):
Serbia-$24.1k (-62.3%)
South Africa-$3.86k (-100%)
Croatia-$1.32k (-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 Silicone were:
In 2022, North Macedonia's main importing competitors in Silicone were:

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.25k
TOP IMPORT POTENTIALChina+ $219k

Silicone’s highest export potential is Germany. With an export gap of $5.25k.   Silicone’s highest import potential is China with an import gap of $219k.

See methodology.

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