2022
Exports
$4.26MWorld Rnk 89 / 216
Flag Rnk 164 / 1022
2022
PRODUCT COMPLEXITY IN Beauty Products
0.42Rnk 400 / 1025
2022
Imports
$24.7MWorld Rnk 110 / 223
Flag Rnk 88 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $4.26M in Beauty Products, making it the 89th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 164th most exported product in North Macedonia. The main destination of Beauty Products exports from North Macedonia are: Serbia ($1.67M), Bosnia and Herzegovina ($856k), Croatia ($604k), Montenegro ($273k), and Netherlands ($185k).

The fastest growing export markets for Beauty Products of North Macedonia between 2021 and 2022 were Montenegro ($74.6k), Serbia ($50.5k), and Turkey ($48.9k).

Imports In 2022, North Macedonia imported $24.7M in Beauty Products, becoming the 110th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 88th most imported product in North Macedonia. North Macedonia imports Beauty Products primarily from: Serbia ($4.65M), Croatia ($3.57M), Germany ($2.65M), Bulgaria ($1.72M), and Poland ($1.46M).

The fastest growing import markets in Beauty Products for North Macedonia between 2021 and 2022 were Serbia ($725k), Italy ($639k), and Croatia ($431k).

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 Beauty Products. 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)$4.26M
IMPORTS (2022)$24.7M
NET TRADE (2022)-$20.5M

In 2022, North Macedonia exported $4.26M in Beauty Products. The main destinations of North Macedonia exports on Beauty Products were Serbia ($1.67M), Bosnia and Herzegovina ($856k), Croatia ($604k), Montenegro ($273k), and Netherlands ($185k).

In 2022, North Macedonia imported $24.7M in Beauty Products, mainly from Serbia ($4.65M), Croatia ($3.57M), Germany ($2.65M), Bulgaria ($1.72M), and Poland ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Montenegro$74.6k (37.7%)
Serbia$50.5k (3.12%)
Turkey$48.9k (111k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY North Macedonia WERE (2021 - 2022):
Netherlands-$293k (-61.3%)
Croatia-$116k (-16.1%)
Bosnia and Herzegovina-$82.6k (-8.81%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Beauty Products were:
In 2022, North Macedonia's main importing competitors in Beauty Products were:

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $242k
TOP IMPORT POTENTIALFrance+ $1.49M

Beauty Products’s highest export potential is Netherlands. With an export gap of $242k.   Beauty Products’s highest import potential is France with an import gap of $1.49M.

See methodology.

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