2023
Exports
$34.7MWorld Rnk 36 / 210
Flag Rnk 27 / 848
2023
PRODUCT COMPLEXITY IN Padlocks
0.83Rnk 238 / 1025
2023
Imports
$41MWorld Rnk 59 / 223
Flag Rnk 44 / 1119
2023
ECONOMIC COMPLEXITY of Albania
-0.33Rnk 77 / 132

About

Exports In 2023, Albania exported $34.7M in Padlocks, making it the 36th largest exporter of Padlocks in the world. At the same year, Padlocks was the 27th most exported product in Albania. The main destination of Padlocks exports from Albania are: Italy ($34.7M), Senegal ($45.2k), Serbia ($10.4k), Denmark ($7.26k), and Poland ($3.56k).

The fastest growing export markets for Padlocks of Albania between 2022 and 2023 were Senegal ($45.2k), Serbia ($10.1k), and Denmark ($7.26k).

Imports In 2023, Albania imported $41M in Padlocks, becoming the 59th largest importer of Padlocks in the world. At the same year, Padlocks was the 44th most imported product in Albania. Albania imports Padlocks primarily from: Italy ($38.1M), China ($964k), Turkey ($629k), Poland ($500k), and Hungary ($150k).

The fastest growing import markets in Padlocks for Albania between 2022 and 2023 were Poland ($466k), Turkey ($173k), and Austria ($109k).

Latest Trends

Jan 2025

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 Padlocks. 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)$34.7M
IMPORTS (2023)$41M
NET TRADE (2023)-$6.27M

In 2023, Albania exported $34.7M in Padlocks. The main destinations of Albania exports on Padlocks were Italy ($34.7M), Senegal ($45.2k), Serbia ($10.4k), Denmark ($7.26k), and Poland ($3.56k).

In 2023, Albania imported $41M in Padlocks, mainly from Italy ($38.1M), China ($964k), Turkey ($629k), Poland ($500k), and Hungary ($150k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Albania WERE (2022 - 2023):
Senegal$45.2k (1%)
Serbia$10.1k (3.45k%)
Denmark$7.26k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Albania WERE (2022 - 2023):
Italy-$3.48M (-9.13%)
Montenegro-$3.83k (-71.2%)
Netherlands-$526 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Albania's main exporting competitors in Padlocks were:
China $4.54B
Mexico $1.43B
Germany $1.34B
In 2023, Albania's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $20.3k
TOP IMPORT POTENTIALChina+ $1.83M

Padlocks’s highest export potential is Germany. With an export gap of $20.3k.   Padlocks’s highest import potential is China with an import gap of $1.83M.

See methodology.

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