2022
Exports
$658kWorld Rnk 72 / 199
Flag Rnk 237 / 837
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$4.83MWorld Rnk 87 / 220
Flag Rnk 283 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $658k in Metalworking Machine Parts, making it the 72nd largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 237th most exported product in Albania. The main destination of Metalworking Machine Parts exports from Albania are: Italy ($602k), Greece ($30.6k), Canada ($7.73k), Germany ($6.65k), and Brazil ($6.28k).

The fastest growing export markets for Metalworking Machine Parts of Albania between 2021 and 2022 were Italy ($24.5k), Canada ($7.73k), and Germany ($6.65k).

Imports In 2022, Albania imported $4.83M in Metalworking Machine Parts, becoming the 87th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 283rd most imported product in Albania. Albania imports Metalworking Machine Parts primarily from: Italy ($3.48M), China ($354k), Greece ($346k), Germany ($163k), and Turkey ($141k).

The fastest growing import markets in Metalworking Machine Parts for Albania between 2021 and 2022 were Italy ($1.4M), China ($292k), and Denmark ($70.5k).

Latest Trends

Jul 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 Metalworking Machine Parts. 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)$658k
IMPORTS (2022)$4.83M
NET TRADE (2022)-$4.17M

In 2022, Albania exported $658k in Metalworking Machine Parts. The main destinations of Albania exports on Metalworking Machine Parts were Italy ($602k), Greece ($30.6k), Canada ($7.73k), Germany ($6.65k), and Brazil ($6.28k).

In 2022, Albania imported $4.83M in Metalworking Machine Parts, mainly from Italy ($3.48M), China ($354k), Greece ($346k), Germany ($163k), and Turkey ($141k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Italy$24.5k (4.25%)
Canada$7.73k (1%)
Germany$6.65k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Albania WERE (2021 - 2022):
Philippines-$18.8k (-98.8%)
Greece-$10.6k (-25.7%)
South Africa-$7.18k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Metalworking Machine Parts were:
In 2022, Albania's main importing competitors in Metalworking Machine Parts were:

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALItaly+ $205k
TOP IMPORT POTENTIALChina+ $369k

Metalworking Machine Parts’s highest export potential is Italy. With an export gap of $205k.   Metalworking Machine Parts’s highest import potential is China with an import gap of $369k.

See methodology.

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