2022
Exports
$1.07MWorld Rnk 131 / 217
Flag Rnk 200 / 837
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$178MWorld Rnk 115 / 224
Flag Rnk 5 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $1.07M in Packaged Medicaments, making it the 131st largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 200th most exported product in Albania. The main destination of Packaged Medicaments exports from Albania are: North Macedonia ($282k), Ecuador ($180k), Italy ($163k), Turkey ($129k), and Mozambique ($111k).

The fastest growing export markets for Packaged Medicaments of Albania between 2021 and 2022 were Ecuador ($180k), Italy ($147k), and Turkey ($129k).

Imports In 2022, Albania imported $178M in Packaged Medicaments, becoming the 115th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in Albania. Albania imports Packaged Medicaments primarily from: Italy ($24.9M), Turkey ($24M), Switzerland ($24M), Slovenia ($21.1M), and Germany ($17M).

The fastest growing import markets in Packaged Medicaments for Albania between 2021 and 2022 were Switzerland ($8.4M), Slovenia ($5.72M), and Bulgaria ($1.86M).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Packaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.07M
IMPORTS (2022)$178M
NET TRADE (2022)-$177M

In 2022, Albania exported $1.07M in Packaged Medicaments. The main destinations of Albania exports on Packaged Medicaments were North Macedonia ($282k), Ecuador ($180k), Italy ($163k), Turkey ($129k), and Mozambique ($111k).

In 2022, Albania imported $178M in Packaged Medicaments, mainly from Italy ($24.9M), Turkey ($24M), Switzerland ($24M), Slovenia ($21.1M), and Germany ($17M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Ecuador$180k (1%)
Italy$147k (929%)
Turkey$129k (1.17M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Albania WERE (2021 - 2022):
Serbia-$1.29M (-100%)
Panama-$309k (-100%)
Uganda-$197k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Albania's main exporting competitors in Packaged Medicaments were:
In 2022, Albania's main importing competitors in Packaged Medicaments were:

Explore Visualizations

Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $395k
TOP IMPORT POTENTIALGermany+ $15.6M

Packaged Medicaments’s highest export potential is Italy. With an export gap of $395k.   Packaged Medicaments’s highest import potential is Germany with an import gap of $15.6M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with