2022
Exports
$1.76MWorld Rnk 105 / 226
Flag Rnk 71 / 96
2022
PRODUCT COMPLEXITY IN Tools & cutlery
1.7Rnk 24 / 1025
2022
Imports
$22.1MWorld Rnk 126 / 225
Flag Rnk 63 / 96
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $1.76M in Tools & cutlery, making it the 105th largest exporter of Tools & cutlery in the world. At the same year, Tools & cutlery was the 71st most exported product in North Macedonia. The main destination of Tools & cutlery exports from North Macedonia are: Slovenia ($540k), Germany ($451k), Serbia ($221k), Bulgaria ($137k), and Switzerland ($101k).

The fastest growing export markets for Tools & cutlery of North Macedonia between 2021 and 2022 were Germany ($362k), Switzerland ($94.9k), and Bulgaria ($82.3k).

Imports In 2022, North Macedonia imported $22.1M in Tools & cutlery, becoming the 126th largest importer of Tools & cutlery in the world. At the same year, Tools & cutlery was the 63rd most imported product in North Macedonia. North Macedonia imports Tools & cutlery primarily from: China ($4.36M), Germany ($2.87M), Slovenia ($1.58M), Serbia ($1.4M), and Turkey ($1.21M).

The fastest growing import markets in Tools & cutlery for North Macedonia between 2021 and 2022 were China ($223k), Belgium ($124k), and Portugal ($117k).

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 Tools & cutlery. 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)$1.76M
IMPORTS (2022)$22.1M
NET TRADE (2022)-$20.4M

In 2022, North Macedonia exported $1.76M in Tools & cutlery. The main destinations of North Macedonia exports on Tools & cutlery were Slovenia ($540k), Germany ($451k), Serbia ($221k), Bulgaria ($137k), and Switzerland ($101k).

In 2022, North Macedonia imported $22.1M in Tools & cutlery, mainly from China ($4.36M), Germany ($2.87M), Slovenia ($1.58M), Serbia ($1.4M), and Turkey ($1.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools & cutlery EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Germany$362k (406%)
Switzerland$94.9k (1.46k%)
Bulgaria$82.3k (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools & cutlery BY North Macedonia WERE (2021 - 2022):
Serbia-$155k (-41.3%)
Saudi Arabia-$131k (-100%)
Italy-$122k (-72.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Tools & cutlery were:
In 2022, North Macedonia's main importing competitors in Tools & cutlery were:

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Trade Value of Tools & cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $221k
TOP IMPORT POTENTIALChina+ $2.62M

Tools & cutlery’s highest export potential is Germany. With an export gap of $221k.   Tools & cutlery’s highest import potential is China with an import gap of $2.62M.

See methodology.

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