2022
Exports
$332kWorld Rnk 89 / 176
Flag Rnk 410 / 1022
2022
PRODUCT COMPLEXITY IN Synthetic Coloring Matter
0.71Rnk 271 / 1025
2022
Imports
$2.31MWorld Rnk 127 / 215
Flag Rnk 452 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $332k in Synthetic Coloring Matter, making it the 89th largest exporter of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 410th most exported product in North Macedonia. The main destination of Synthetic Coloring Matter exports from North Macedonia are: Australia ($127k), Serbia ($88.9k), Turkey ($71.8k), Bulgaria ($16.5k), and Albania ($10.1k).

The fastest growing export markets for Synthetic Coloring Matter of North Macedonia between 2021 and 2022 were Turkey ($58.4k), Australia ($50.2k), and Bulgaria ($10.4k).

Imports In 2022, North Macedonia imported $2.31M in Synthetic Coloring Matter, becoming the 127th largest importer of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 452nd most imported product in North Macedonia. North Macedonia imports Synthetic Coloring Matter primarily from: Greece ($1.02M), Serbia ($160k), Italy ($158k), Switzerland ($151k), and China ($151k).

The fastest growing import markets in Synthetic Coloring Matter for North Macedonia between 2021 and 2022 were Italy ($44.6k), India ($23k), and Hungary ($17.8k).

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 Synthetic Coloring Matter. 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)$332k
IMPORTS (2022)$2.31M
NET TRADE (2022)-$1.98M

In 2022, North Macedonia exported $332k in Synthetic Coloring Matter. The main destinations of North Macedonia exports on Synthetic Coloring Matter were Australia ($127k), Serbia ($88.9k), Turkey ($71.8k), Bulgaria ($16.5k), and Albania ($10.1k).

In 2022, North Macedonia imported $2.31M in Synthetic Coloring Matter, mainly from Greece ($1.02M), Serbia ($160k), Italy ($158k), Switzerland ($151k), and China ($151k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Coloring Matter EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Turkey$58.4k (435%)
Australia$50.2k (65.1%)
Bulgaria$10.4k (172%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Coloring Matter BY North Macedonia WERE (2021 - 2022):
Serbia-$150k (-62.9%)
Albania-$1.71k (-14.4%)
France-$1.56k (-52%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Synthetic Coloring Matter were:
China $3.05B
India $2.92B
Germany $1.36B
In 2022, North Macedonia's main importing competitors in Synthetic Coloring Matter were:

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Trade Value of Synthetic Coloring Matter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $84.8k
TOP IMPORT POTENTIALIndia+ $235k

Synthetic Coloring Matter’s highest export potential is Turkey. With an export gap of $84.8k.   Synthetic Coloring Matter’s highest import potential is India with an import gap of $235k.

See methodology.

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