2022
Exports
$58.3kWorld Rnk 106 / 145
Flag Rnk 631 / 1022
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$5.94MWorld Rnk 83 / 209
Flag Rnk 285 / 1137
2022
ECONOMIC COMPLEXITY of North Macedonia
0.25Rnk 52 / 133

About

Exports In 2022, North Macedonia exported $58.3k in Synthetic Rubber, making it the 106th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 631st most exported product in North Macedonia. The main destination of Synthetic Rubber exports from North Macedonia are: Serbia ($39.3k), Montenegro ($10.6k), Bosnia and Herzegovina ($3.72k), Luxembourg ($1.75k), and Bulgaria ($1.61k).

The fastest growing export markets for Synthetic Rubber of North Macedonia between 2021 and 2022 were Montenegro ($7.79k), Bosnia and Herzegovina ($3.72k), and Luxembourg ($1.75k).

Imports In 2022, North Macedonia imported $5.94M in Synthetic Rubber, becoming the 83rd largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 285th most imported product in North Macedonia. North Macedonia imports Synthetic Rubber primarily from: N/A.

The fastest growing import markets in Synthetic Rubber for North Macedonia between 2021 and 2022 were Germany ($446k), South Korea ($368k), and France ($128k).

Latest Trends

Sep 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 Rubber. 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)$58.3k
IMPORTS (2022)$5.94M
NET TRADE (2022)-$5.88M

In 2022, North Macedonia exported $58.3k in Synthetic Rubber. The main destinations of North Macedonia exports on Synthetic Rubber were Serbia ($39.3k), Montenegro ($10.6k), Bosnia and Herzegovina ($3.72k), Luxembourg ($1.75k), and Bulgaria ($1.61k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR North Macedonia WERE (2021 - 2022):
Montenegro$7.79k (275%)
Luxembourg$1.75k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY North Macedonia WERE (2021 - 2022):
Serbia-$3.87k (-8.96%)
Bulgaria-$3.16k (-66.2%)
Italy-$58 (-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 Synthetic Rubber were:
In 2022, North Macedonia's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSerbia+ $17.3k
TOP IMPORT POTENTIALSouth Korea+ $303k

Synthetic Rubber’s highest export potential is Serbia. With an export gap of $17.3k.   Synthetic Rubber’s highest import potential is South Korea with an import gap of $303k.

See methodology.

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