2022
Exports
$2.55MWorld Rnk 109 / 210
Flag Rnk 147 / 837
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$197MWorld Rnk 118 / 224
Flag Rnk 3 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $2.55M in Cars, making it the 109th largest exporter of Cars in the world. At the same year, Cars was the 147th most exported product in Albania. The main destination of Cars exports from Albania are: Italy ($961k), Senegal ($560k), Germany ($510k), Romania ($128k), and Tunisia ($71.7k).

The fastest growing export markets for Cars of Albania between 2021 and 2022 were Germany ($435k), Italy ($328k), and Tunisia ($68.3k).

Imports In 2018, Albania imported $197M in Cars, becoming the 118th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Albania. Albania imports Cars primarily from: Germany ($67.1M), Canada ($29.2M), United States ($23.3M), South Korea ($12.1M), and Italy ($11.9M).

The fastest growing import markets in Cars for Albania between 2021 and 2022 were Turkey ($2.33M), Czechia ($1.23M), and Slovenia ($1.18M).

Latest Trends

Aug 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 Cars. 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)$2.55M
IMPORTS (2022)$197M
NET TRADE (2022)-$194M

In 2022, Albania exported $2.55M in Cars. The main destinations of Albania exports on Cars were Italy ($961k), Senegal ($560k), Germany ($510k), Romania ($128k), and Tunisia ($71.7k).

In 2022, Albania imported $197M in Cars, mainly from Germany ($67.1M), Canada ($29.2M), United States ($23.3M), South Korea ($12.1M), and Italy ($11.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Germany$435k (583%)
Italy$328k (51.8%)
Tunisia$68.3k (1.99k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Albania WERE (2021 - 2022):
China-$202k (-100%)
United States-$112k (-100%)
Senegal-$90k (-13.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Cars were:
In 2022, Albania's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.37M
TOP IMPORT POTENTIALGermany+ $27.5M

Cars’s highest export potential is Italy. With an export gap of $1.37M.   Cars’s highest import potential is Germany with an import gap of $27.5M.

See methodology.

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