2022
Exports
$6.41kWorld Rnk 120 / 154
Flag Rnk 844 / 1022
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$857kWorld Rnk 113 / 212
Flag Rnk 635 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $6.41k in Coconut Oil, making it the 120th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 844th most exported product in North Macedonia. The main destination of Coconut Oil exports from North Macedonia are: Serbia ($3.12k), Bulgaria ($2.97k), Nigeria ($267), and France ($55).

The fastest growing export markets for Coconut Oil of North Macedonia between 2021 and 2022 were Bulgaria ($279), Nigeria ($267), and France ($55).

Imports In 2022, North Macedonia imported $857k in Coconut Oil, becoming the 113th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 635th most imported product in North Macedonia. North Macedonia imports Coconut Oil primarily from: Italy ($337k), Bulgaria ($117k), Sweden ($104k), Indonesia ($63.5k), and Malaysia ($58.1k).

The fastest growing import markets in Coconut Oil for North Macedonia between 2021 and 2022 were Sri Lanka ($15.4k), Greece ($10.4k), and Netherlands ($8.25k).

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 Coconut Oil. 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)$6.41k
IMPORTS (2022)$857k
NET TRADE (2022)-$850k

In 2022, North Macedonia exported $6.41k in Coconut Oil. The main destinations of North Macedonia exports on Coconut Oil were Serbia ($3.12k), Bulgaria ($2.97k), Nigeria ($267), and France ($55).

In 2022, North Macedonia imported $857k in Coconut Oil, mainly from Italy ($337k), Bulgaria ($117k), Sweden ($104k), Indonesia ($63.5k), and Malaysia ($58.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Bulgaria$279 (10.4%)
Nigeria$267 (1%)
France$55 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY North Macedonia WERE (2021 - 2022):
Serbia-$11.8k (-79.1%)
Bangladesh-$1.19k (-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 Coconut Oil were:
In 2022, North Macedonia's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBulgaria+ $2.12k
TOP IMPORT POTENTIALIndonesia+ $118k

Coconut Oil’s highest export potential is Bulgaria. With an export gap of $2.12k.   Coconut Oil’s highest import potential is Indonesia with an import gap of $118k.

See methodology.

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