2022
Exports
$38.1MWorld Rnk 36 / 209
Flag Rnk 24 / 837
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$41.9MWorld Rnk 54 / 223
Flag Rnk 30 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $38.1M in Padlocks, making it the 36th largest exporter of Padlocks in the world. At the same year, Padlocks was the 24th most exported product in Albania. The main destination of Padlocks exports from Albania are: Italy ($38.1M), Montenegro ($5.37k), Poland ($1.49k), Germany ($1.18k), and Ireland ($842).

The fastest growing export markets for Padlocks of Albania between 2021 and 2022 were Italy ($3.16M), Montenegro ($5.15k), and Germany ($1.18k).

Imports In 2022, Albania imported $41.9M in Padlocks, becoming the 54th largest importer of Padlocks in the world. At the same year, Padlocks was the 30th most imported product in Albania. Albania imports Padlocks primarily from: Italy ($39.3M), China ($1.62M), Turkey ($456k), Hungary ($136k), and Greece ($103k).

The fastest growing import markets in Padlocks for Albania between 2021 and 2022 were Italy ($13M), China ($903k), and Poland ($30.9k).

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 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 (2022)$38.1M
IMPORTS (2022)$41.9M
NET TRADE (2022)-$3.78M

In 2022, Albania exported $38.1M in Padlocks. The main destinations of Albania exports on Padlocks were Italy ($38.1M), Montenegro ($5.37k), Poland ($1.49k), Germany ($1.18k), and Ireland ($842).

In 2022, Albania imported $41.9M in Padlocks, mainly from Italy ($39.3M), China ($1.62M), Turkey ($456k), Hungary ($136k), and Greece ($103k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Italy$3.16M (9.03%)
Montenegro$5.15k (2.34k%)
Germany$1.18k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Albania WERE (2021 - 2022):
Serbia-$13.5k (-97.9%)
Greece-$4.07k (-100%)
Saudi Arabia-$1.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, 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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