2022
Exports
$245kWorld Rnk 124 / 216
Flag Rnk 308 / 837
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$10.6MWorld Rnk 124 / 224
Flag Rnk 168 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $245k in Other Electrical Machinery, making it the 124th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 308th most exported product in Albania. The main destination of Other Electrical Machinery exports from Albania are: Italy ($203k), Japan ($18.3k), Netherlands ($7.93k), Bulgaria ($5.21k), and Australia ($2.35k).

The fastest growing export markets for Other Electrical Machinery of Albania between 2021 and 2022 were Japan ($18.3k), Netherlands ($6.83k), and Bulgaria ($2.81k).

Imports In 2022, Albania imported $10.6M in Other Electrical Machinery, becoming the 124th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 168th most imported product in Albania. Albania imports Other Electrical Machinery primarily from: Portugal ($3.46M), China ($2.86M), Italy ($1.34M), Greece ($492k), and Turkey ($427k).

The fastest growing import markets in Other Electrical Machinery for Albania between 2021 and 2022 were Portugal ($3.45M), Greece ($319k), and United Kingdom ($139k).

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 Other Electrical 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)$245k
IMPORTS (2022)$10.6M
NET TRADE (2022)-$10.4M

In 2022, Albania exported $245k in Other Electrical Machinery. The main destinations of Albania exports on Other Electrical Machinery were Italy ($203k), Japan ($18.3k), Netherlands ($7.93k), Bulgaria ($5.21k), and Australia ($2.35k).

In 2022, Albania imported $10.6M in Other Electrical Machinery, mainly from Portugal ($3.46M), China ($2.86M), Italy ($1.34M), Greece ($492k), and Turkey ($427k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Japan$18.3k (1%)
Netherlands$6.83k (625%)
Bulgaria$2.81k (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Albania WERE (2021 - 2022):
Italy-$119k (-37%)
Serbia-$49.2k (-98.6%)
Greece-$36.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Other Electrical Machinery were:
In 2022, Albania's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALItaly+ $34.2k
TOP IMPORT POTENTIALChina+ $1.21M

Other Electrical Machinery’s highest export potential is Italy. With an export gap of $34.2k.   Other Electrical Machinery’s highest import potential is China with an import gap of $1.21M.

See methodology.

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