2023
Exports
$282MWorld Rnk 43 / 102
Flag Rnk 2 / 848
2023
PRODUCT COMPLEXITY IN Electricity
-0.74Rnk 770 / 1025
2023
Imports
$187MWorld Rnk 51 / 126
Flag Rnk 5 / 1119
2023
ECONOMIC COMPLEXITY of Albania
-0.33Rnk 77 / 132

About

Exports In 2023, Albania exported $282M in Electricity, making it the 43rd largest exporter of Electricity in the world. At the same year, Electricity was the 2nd most exported product in Albania. The main destination of Electricity exports from Albania are: Greece ($220M), Switzerland ($35.7M), Slovenia ($19M), Serbia ($4.9M), and North Macedonia ($2.03M).

The fastest growing export markets for Electricity of Albania between 2022 and 2023 were Switzerland ($35.7M), Slovenia ($19M), and Serbia ($3.27M).

Imports In 2023, Albania imported $187M in Electricity, becoming the 51st largest importer of Electricity in the world. At the same year, Electricity was the 5th most imported product in Albania. Albania imports Electricity primarily from: Switzerland ($78.8M), North Macedonia ($45.8M), Serbia ($39.8M), Greece ($15.1M), and Montenegro ($4.95M).

The fastest growing import markets in Electricity for Albania between 2022 and 2023 were Switzerland ($78.8M), North Macedonia ($41.4M), and Serbia ($39.7M).

Historical Data

Trade Balance

Color
EXPORTS (2023)$282M
IMPORTS (2023)$187M
NET TRADE (2023)$95.3M

In 2023, Albania exported $282M in Electricity. The main destinations of Albania exports on Electricity were Greece ($220M), Switzerland ($35.7M), Slovenia ($19M), Serbia ($4.9M), and North Macedonia ($2.03M).

In 2023, Albania imported $187M in Electricity, mainly from Switzerland ($78.8M), North Macedonia ($45.8M), Serbia ($39.8M), Greece ($15.1M), and Montenegro ($4.95M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Albania WERE (2022 - 2023):
Switzerland$35.7M (1%)
Slovenia$19M (1%)
Serbia$3.27M (201%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Albania WERE (2022 - 2023):
Greece-$42.4M (-16.1%)
Montenegro-$14.2M (-97.7%)
North Macedonia-$1.76M (-46.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNorth Macedonia+ $3.4M
TOP IMPORT POTENTIALNorth Macedonia+ $2.26M

Electricity’s highest export potential is North Macedonia. With an export gap of $3.4M.   Electricity’s highest import potential is North Macedonia with an import gap of $2.26M.

See methodology.

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