2022
Exports
$761kWorld Rnk 76 / 219
Flag Rnk 323 / 1022
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$9.06MWorld Rnk 100 / 220
Flag Rnk 221 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $761k in Ball Bearings, making it the 76th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 323rd most exported product in North Macedonia. The main destination of Ball Bearings exports from North Macedonia are: Slovenia ($538k), Greece ($50.9k), India ($36k), Albania ($27k), and Belgium ($21k).

The fastest growing export markets for Ball Bearings of North Macedonia between 2021 and 2022 were Slovenia ($185k), Greece ($50.9k), and Albania ($26.2k).

Imports In 2022, North Macedonia imported $9.06M in Ball Bearings, becoming the 100th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 221st most imported product in North Macedonia. North Macedonia imports Ball Bearings primarily from: China ($2.12M), Germany ($1.92M), Hungary ($1M), Thailand ($611k), and Bulgaria ($360k).

The fastest growing import markets in Ball Bearings for North Macedonia between 2021 and 2022 were China ($498k), Germany ($169k), and Sweden ($100k).

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 Ball Bearings. 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)$761k
IMPORTS (2022)$9.06M
NET TRADE (2022)-$8.3M

In 2022, North Macedonia exported $761k in Ball Bearings. The main destinations of North Macedonia exports on Ball Bearings were Slovenia ($538k), Greece ($50.9k), India ($36k), Albania ($27k), and Belgium ($21k).

In 2022, North Macedonia imported $9.06M in Ball Bearings, mainly from China ($2.12M), Germany ($1.92M), Hungary ($1M), Thailand ($611k), and Bulgaria ($360k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Slovenia$185k (52.6%)
Greece$50.9k (1%)
Albania$26.2k (3.45k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY North Macedonia WERE (2021 - 2022):
Iran-$238k (-99.5%)
Bulgaria-$22.9k (-78.2%)
Italy-$6.9k (-82.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Macedonia's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, North Macedonia's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $97.3k
TOP IMPORT POTENTIALChina+ $1.24M

Ball Bearings’s highest export potential is India. With an export gap of $97.3k.   Ball Bearings’s highest import potential is China with an import gap of $1.24M.

See methodology.

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