2022
Exports
$9.72MWorld Rnk 52 / 200
Flag Rnk 77 / 837
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$12.2MWorld Rnk 75 / 220
Flag Rnk 137 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $9.72M in Navigation Equipment, making it the 52nd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 77th most exported product in Albania. The main destination of Navigation Equipment exports from Albania are: Italy ($9.7M), Croatia ($10.4k), Bulgaria ($9.86k), Spain ($1.66k), and Switzerland ($801).

The fastest growing export markets for Navigation Equipment of Albania between 2021 and 2022 were Italy ($1.47M), Croatia ($10.4k), and Bulgaria ($7.31k).

Imports In 2022, Albania imported $12.2M in Navigation Equipment, becoming the 75th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 137th most imported product in Albania. Albania imports Navigation Equipment primarily from: Italy ($10.6M), Denmark ($569k), Lithuania ($253k), China ($197k), and Poland ($138k).

The fastest growing import markets in Navigation Equipment for Albania between 2021 and 2022 were Italy ($3.07M), Denmark ($569k), and Poland ($118k).

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 Navigation Equipment. 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)$9.72M
IMPORTS (2022)$12.2M
NET TRADE (2022)-$2.53M

In 2022, Albania exported $9.72M in Navigation Equipment. The main destinations of Albania exports on Navigation Equipment were Italy ($9.7M), Croatia ($10.4k), Bulgaria ($9.86k), Spain ($1.66k), and Switzerland ($801).

In 2022, Albania imported $12.2M in Navigation Equipment, mainly from Italy ($10.6M), Denmark ($569k), Lithuania ($253k), China ($197k), and Poland ($138k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Italy$1.47M (17.9%)
Croatia$10.4k (1%)
Bulgaria$7.31k (287%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Albania WERE (2021 - 2022):
Switzerland-$58.5k (-98.7%)
Hungary-$5.4k (-100%)
Finland-$588 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBulgaria+ $23.5k
TOP IMPORT POTENTIALChina+ $402k

Navigation Equipment’s highest export potential is Bulgaria. With an export gap of $23.5k.   Navigation Equipment’s highest import potential is China with an import gap of $402k.

See methodology.

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