2023
Exports
$705kWorld Rnk 60 / 164
Flag Rnk 266 / 848
2023
PRODUCT COMPLEXITY IN Drilling Machines
1.11Rnk 139 / 1025
2023
Imports
$1.25MWorld Rnk 97 / 213
Flag Rnk 518 / 1119
2023
ECONOMIC COMPLEXITY of Albania
-0.33Rnk 77 / 132

About

Exports In 2023, Albania exported $705k in Drilling Machines, making it the 60th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 266th most exported product in Albania. The main destination of Drilling Machines exports from Albania are: Brazil ($678k) and Italy ($26.1k).

The fastest growing export markets for Drilling Machines of Albania between 2022 and 2023 were Brazil ($678k) and Italy ($10.9k).

Imports In 2023, Albania imported $1.25M in Drilling Machines, becoming the 97th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 518th most imported product in Albania. Albania imports Drilling Machines primarily from: Germany ($736k), Italy ($403k), China ($55.9k), Turkey ($19k), and Greece ($10.9k).

The fastest growing import markets in Drilling Machines for Albania between 2022 and 2023 were Germany ($693k), China ($15.1k), and Greece ($8.33k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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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 Drilling Machines. 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 (2023)$705k
IMPORTS (2023)$1.25M
NET TRADE (2023)-$541k

In 2023, Albania exported $705k in Drilling Machines. The main destinations of Albania exports on Drilling Machines were Brazil ($678k) and Italy ($26.1k).

In 2023, Albania imported $1.25M in Drilling Machines, mainly from Germany ($736k), Italy ($403k), China ($55.9k), Turkey ($19k), and Greece ($10.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Albania WERE (2022 - 2023):
Brazil$678k (1%)
Italy$10.9k (71.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Albania's main exporting competitors in Drilling Machines were:
In 2023, Albania's main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $10k
TOP IMPORT POTENTIALChina+ $52.9k

Drilling Machines’s highest export potential is Italy. With an export gap of $10k.   Drilling Machines’s highest import potential is China with an import gap of $52.9k.

See methodology.

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