2022
Exports
$18.6MWorld Rnk 47 / 186
Flag Rnk 47 / 837
2022
PRODUCT COMPLEXITY IN Electric Motor Parts
0.66Rnk 292 / 1025
2022
Imports
$32.7MWorld Rnk 61 / 219
Flag Rnk 42 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $18.6M in Electric Motor Parts, making it the 47th largest exporter of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 47th most exported product in Albania. The main destination of Electric Motor Parts exports from Albania are: Italy ($18.6M), Croatia ($4.97k), Senegal ($1.93k), Singapore ($863), and Canada ($125).

The fastest growing export markets for Electric Motor Parts of Albania between 2021 and 2022 were Italy ($1.21M), Croatia ($4.97k), and Senegal ($1.93k).

Imports In 2022, Albania imported $32.7M in Electric Motor Parts, becoming the 61st largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 42nd most imported product in Albania. Albania imports Electric Motor Parts primarily from: Italy ($31.3M), Turkey ($943k), China ($208k), Greece ($99.9k), and Croatia ($37.2k).

The fastest growing import markets in Electric Motor Parts for Albania between 2021 and 2022 were Italy ($3.43M), Turkey ($597k), and China ($116k).

Latest Trends

Oct 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 Electric Motor Parts. 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)$18.6M
IMPORTS (2022)$32.7M
NET TRADE (2022)-$14M

In 2022, Albania exported $18.6M in Electric Motor Parts. The main destinations of Albania exports on Electric Motor Parts were Italy ($18.6M), Croatia ($4.97k), Senegal ($1.93k), Singapore ($863), and Canada ($125).

In 2022, Albania imported $32.7M in Electric Motor Parts, mainly from Italy ($31.3M), Turkey ($943k), China ($208k), Greece ($99.9k), and Croatia ($37.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motor Parts EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Italy$1.21M (6.92%)
Croatia$4.97k (1%)
Senegal$1.93k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motor Parts BY Albania WERE (2021 - 2022):
Slovenia-$42.4k (-100%)
Palestine-$1.15k (-100%)
Belgium-$208 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Electric Motor Parts were:
China $6.95B
Germany $2.21B
Japan $1.62B
In 2022, Albania's main importing competitors in Electric Motor Parts were:

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Trade Value of Electric Motor Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCroatia+ $16.3k
TOP IMPORT POTENTIALChina+ $610k

Electric Motor Parts’s highest export potential is Croatia. With an export gap of $16.3k.   Electric Motor Parts’s highest import potential is China with an import gap of $610k.

See methodology.

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