2023
Exports
$175MWorld Rnk 35 / 126
Flag Rnk 5 / 848
2023
PRODUCT COMPLEXITY IN Ferroalloys
-1.33Rnk 905 / 1025
2023
Imports
$39.5MWorld Rnk 51 / 171
Flag Rnk 46 / 1119
2023
ECONOMIC COMPLEXITY of Albania
-0.33Rnk 77 / 132

About

Exports In 2023, Albania exported $175M in Ferroalloys, making it the 35th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 5th most exported product in Albania. The main destination of Ferroalloys exports from Albania are: Austria ($43.1M), Italy ($32.8M), Slovenia ($18.1M), Germany ($16.8M), and Poland ($16.1M).

The fastest growing export markets for Ferroalloys of Albania between 2022 and 2023 were Slovenia ($8.62M), Finland ($1.25M), and Romania ($1M).

Imports In 2023, Albania imported $39.5M in Ferroalloys, becoming the 51st largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 46th most imported product in Albania. Albania imports Ferroalloys primarily from: South Africa ($39.5M) and Serbia ($7.34k).

The fastest growing import markets in Ferroalloys for Albania between 2022 and 2023 were South Africa ($39.5M) and Serbia ($7.34k).

Latest Trends

Dec 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 Ferroalloys. 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)$175M
IMPORTS (2023)$39.5M
NET TRADE (2023)$135M

In 2023, Albania exported $175M in Ferroalloys. The main destinations of Albania exports on Ferroalloys were Austria ($43.1M), Italy ($32.8M), Slovenia ($18.1M), Germany ($16.8M), and Poland ($16.1M).

In 2023, Albania imported $39.5M in Ferroalloys, mainly from South Africa ($39.5M) and Serbia ($7.34k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Albania WERE (2022 - 2023):
Slovenia$8.62M (90.5%)
Finland$1.25M (140%)
Romania$1M (956%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Albania WERE (2022 - 2023):
Italy-$148M (-81.9%)
United States-$62.1M (-91.5%)
Japan-$37.4M (-88.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16M
TOP IMPORT POTENTIALIndia+ $549k

Ferroalloys’s highest export potential is United States. With an export gap of $16M.   Ferroalloys’s highest import potential is India with an import gap of $549k.

See methodology.

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