2022
Exports
$236kWorld Rnk 99 / 201
Flag Rnk 312 / 837
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$3.55MWorld Rnk 108 / 220
Flag Rnk 331 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $236k in Electric Soldering Equipment, making it the 99th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 312th most exported product in Albania. The main destination of Electric Soldering Equipment exports from Albania are: Italy ($107k), Senegal ($97.5k), Germany ($30.2k), Turkey ($1.01k), and Poland ($56).

The fastest growing export markets for Electric Soldering Equipment of Albania between 2021 and 2022 were Senegal ($96.5k), Germany ($30.2k), and Italy ($23.8k).

Imports In 2022, Albania imported $3.55M in Electric Soldering Equipment, becoming the 108th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 331st most imported product in Albania. Albania imports Electric Soldering Equipment primarily from: Italy ($1.32M), China ($856k), Turkey ($845k), Germany ($320k), and Czechia ($57.2k).

The fastest growing import markets in Electric Soldering Equipment for Albania between 2021 and 2022 were Turkey ($669k), Italy ($389k), and Germany ($71.2k).

Latest Trends

Nov 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 Soldering Equipment. 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)$236k
IMPORTS (2022)$3.55M
NET TRADE (2022)-$3.31M

In 2022, Albania exported $236k in Electric Soldering Equipment. The main destinations of Albania exports on Electric Soldering Equipment were Italy ($107k), Senegal ($97.5k), Germany ($30.2k), Turkey ($1.01k), and Poland ($56).

In 2022, Albania imported $3.55M in Electric Soldering Equipment, mainly from Italy ($1.32M), China ($856k), Turkey ($845k), Germany ($320k), and Czechia ($57.2k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Senegal$96.5k (9.34k%)
Germany$30.2k (1%)
Italy$23.8k (28.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Albania WERE (2021 - 2022):
United States-$2.17k (-100%)
El Salvador-$1.91k (-100%)
Mozambique-$855 (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Electric Soldering Equipment were:
In 2022, Albania's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $61.9k
TOP IMPORT POTENTIALChina+ $477k

Electric Soldering Equipment’s highest export potential is Italy. With an export gap of $61.9k.   Electric Soldering Equipment’s highest import potential is China with an import gap of $477k.

See methodology.

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