2022
Exports
$4.23MWorld Rnk 65 / 187
Flag Rnk 117 / 837
2022
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery
0.74Rnk 263 / 1025
2022
Imports
$6.07MWorld Rnk 127 / 221
Flag Rnk 244 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $4.23M in Industrial Food Preperation Machinery, making it the 65th largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 117th most exported product in Albania. The main destination of Industrial Food Preperation Machinery exports from Albania are: Italy ($4.18M), Greece ($24.1k), Senegal ($7.78k), Dominican Republic ($6.72k), and Netherlands ($3.86k).

The fastest growing export markets for Industrial Food Preperation Machinery of Albania between 2021 and 2022 were Italy ($166k), Greece ($24.1k), and Senegal ($7.78k).

Imports In 2022, Albania imported $6.07M in Industrial Food Preperation Machinery, becoming the 127th largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 244th most imported product in Albania. Albania imports Industrial Food Preperation Machinery primarily from: Italy ($3.55M), Germany ($561k), Netherlands ($403k), Turkey ($323k), and Poland ($303k).

The fastest growing import markets in Industrial Food Preperation Machinery for Albania between 2021 and 2022 were Netherlands ($384k), Poland ($180k), and Serbia ($152k).

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 Industrial Food Preperation Machinery. 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)$4.23M
IMPORTS (2022)$6.07M
NET TRADE (2022)-$1.84M

In 2022, Albania exported $4.23M in Industrial Food Preperation Machinery. The main destinations of Albania exports on Industrial Food Preperation Machinery were Italy ($4.18M), Greece ($24.1k), Senegal ($7.78k), Dominican Republic ($6.72k), and Netherlands ($3.86k).

In 2022, Albania imported $6.07M in Industrial Food Preperation Machinery, mainly from Italy ($3.55M), Germany ($561k), Netherlands ($403k), Turkey ($323k), and Poland ($303k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Italy$166k (4.14%)
Greece$24.1k (1%)
Senegal$7.78k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY Albania WERE (2021 - 2022):
Serbia-$200k (-100%)
Germany-$10.7k (-97.1%)
Cote d'Ivoire-$3.02k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Industrial Food Preperation Machinery were:
In 2022, Albania's main importing competitors in Industrial Food Preperation Machinery were:

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGreece+ $63.8k
TOP IMPORT POTENTIALGermany+ $451k

Industrial Food Preperation Machinery’s highest export potential is Greece. With an export gap of $63.8k.   Industrial Food Preperation Machinery’s highest import potential is Germany with an import gap of $451k.

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