Overview: In April 2021 Germany exported €27.3M and imported €11.2M from Albania, resulting in a positive trade balance of €16.1M. Between April 2020 and April 2021 the exports of Germany have increased by €14.2M (108%) from €13.1M to €27.3M, while imports decreased by €-204k (-1.79%) from €11.4M to €11.2M.
Trade: In April 2021, the top exports of Germany to Albania were Motor cars and motor caravans (€5.65M), Pharmaceutical products (€2.22M), Machinery for electricity production, distribution (€1.65M), Perfumes and toilet preparations (€1.29M), and Lorries and special purpose motor vehicles (€819k). In April 2021 the top imports of Germany from Albania were Footwear (€1.96M), Ferro-alloys (€1.51M), Apparel of silk, man-made fibres, excl.... (€1.49M), Other raw material for chemical products (€999k), and Apparel of cotton, excl. of knitted... (€982k).
Origins: In April 2021 the exports of Germany were mainly from Bavaria (€3.25M), Baden-Württemberg (€3.02M), North Rhine-Westphalia (€1.72M), Lower Saxony (€1.19M), and Berlin (€887k), while imports destinations were mainly Bavaria (€4.57M), North Rhine-Westphalia (€2.76M), Baden-Württemberg (€1.18M), Rhineland-Pfalz (€580k), and Hamburg (€564k).
Growth: In April 2021, the increase in Germany's year-by-year exports to Albania was explained primarily by an increase in product exports in Motor cars and motor caravans (€4.63M or 453%), Pharmaceutical products (€1.11M or 101%), and Machinery for electricity production, distribution (€816k or 97.5%). In April 2021, the decrease in Germany's year-by-year imports from Albania was explained primarily by an decrease in product imports in Articles of paper (€-957k or -94.9%), Apparel of knitted, crocheted silk, man-made... (€-729k or -56.4%), and Other textile products (€-289k or -55.3%).