Overview: In January 2021 China exported $45.4M and imported $12.6M from Albania, resulting in a positive trade balance of $32.8M. Between January 2020 and January 2021 the exports of China have decreased by $-5.77M (-11.3%) from $51.2M to $45.4M, while imports increased by $6.28M (99.1%) from $6.34M to $12.6M.
Trade: In January 2021, the top exports of China to Albania were Light Fixtures ($1.54M), Air Conditioners ($1.35M), Non-woven Textiles ($1.24M), Metal Mountings ($1.21M), and Other knitted or crocheted fabrics. ($991k). In January 2021 the top imports of China from Albania were Chromium Ore ($4.83M), Copper Ore ($3.04M), Ferroalloys ($2.28M), Raw Aluminium ($425k), and Non-Knit Women's Suits ($421k).
Origins: In January 2021 the exports of China were mainly from Zhejiang Province ($23.4M), Guangdong Province ($6.41M), Shandong Province ($3.61M), Jiangsu Province ($3.42M), and Sichuan Province ($1.11M), while imports destinations were mainly Zhejiang Province ($2.52M), Xingjiang Uygur Autonomous Region ($2.44M), Shandong Province ($1.72M), Fujian Province ($1.56M), and Shanghai Province ($1.21M).
Growth: In January 2021, the decrease in China's year-by-year exports to Albania was explained primarily by an decrease in product exports in Building Stone ($-1.06M or -91.8%), Rubber Footwear ($-1.05M or -58.7%), and Coated Flat-Rolled Iron ($-850k or -64.8%). In January 2021, the increase in China's year-by-year imports from Albania was explained primarily by an increase in product imports in Chromium Ore ($2.75M or 132%), Non-Knit Women's Suits ($194k or 85.9%), and Copper Ore ($165k or 5.75%).