Key Market Indicators
Macedonia's transformer exports are expected to reach about $2 million by 2026, down 4% from 2021's $2.6 million. Since 1999, exports have grown 3.5% annually. In 2021, Macedonia ranked 80th, with Pakistan overtaking them at $2.6 million. The top three exporters were Germany, the US, and Japan. Macedonia's transformer imports are expected to reach nearly $21 million by 2026, growing 2.2% yearly since 1999. In 2021, Macedonia ranked 107th, with Jamaica ahead at $18.7 million. The top three importers were China, Germany, and Mexico.