Electric Motors in Albania

EXPORTS (2018): $28.1M, World Rnk 54 / 202
Flag Rnk 23 / 745

TOP DESTINATION (2018): $21.7M, Italy

FASTEST GROWING MARKET (2017 - 2018): $3.56M, Italy

IMPORTS (2018): $6.38M, World Rnk 133 / 218
Flag Rnk 181 / 1071

TOP ORIGIN (2018): $3.76M, Italy

FASTEST GROWING ORIGIN (2017 - 2018): $2.45M, Italy

ECONOMIC COMPLEXITY of Albania (2018): -0.52, Rnk 90 / 137

PRODUCT COMPLEXITY  IN Electric Motors (2018): 0.84, Rnk 227 / 1018

Exports: In 2018, Albania exported $28.1M in Electric Motors, making it the 54th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 23rd most exported product in Albania. The main destination of Electric Motors exports from Albania are: Italy ($21.7M), Mexico ($3.37M), Turkey ($2.1M), Poland ($804k), and Egypt ($95.2k).

The fastest growing export markets for Electric Motors of Albania between 2017 and 2018 were Italy ($3.56M), Mexico ($1.23M), and Egypt ($95.2k).

Imports: In 2018, Albania imported $6.38M in Electric Motors, becoming the 133rd largest importer of Electric Motors in the world. At the same year, Electric Motors was the 181st most imported product in Albania. Albania imports Electric Motors primarily from: Italy ($3.76M), China ($832k), Austria ($582k), Greece ($353k), and Turkey ($200k).

The fastest growing import markets in Electric Motors for Albania between 2017 and 2018 were Italy ($2.45M), Austria ($348k), and Netherlands ($149k).

Value

EXPORTS (2018): $28.1M

IMPORTS (2018): $6.38M

NET TRADE (2018): $21.8M

In 2018, Albania exported $28.1M in Electric Motors. The main destinations of Albania exports on Electric Motors were Italy ($21.7M), Mexico ($3.37M), Turkey ($2.1M), Poland ($804k), and Egypt ($95.2k).

In 2018, Albania imported $6.38M in Electric Motors, mainly from Italy ($3.76M), China ($832k), Austria ($582k), Greece ($353k), and Turkey ($200k).

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IN 2018, Albania HAD A POSITIVE NET TRADE IN Electric Motors WITH:

IN 2018, Albania HAD A NEGATIVE NET TRADE IN Electric Motors WITH:

Flow

THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Albania WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Albania WERE (2017 - 2018):

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Market Concentration

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In 2018, Albania's main exporting competitors in Electric Motors were:

In 2018, Albania's main importing competitors in Electric Motors were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Electric Motors in Albania. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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