2022
Exports
$50.2kWorld Rnk 81 / 174
Flag Rnk 474 / 837
2022
PRODUCT COMPLEXITY IN Umbrellas
-0.043Rnk 560 / 1025
2022
Imports
$3.06MWorld Rnk 88 / 218
Flag Rnk 356 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $50.2k in Umbrellas, making it the 81st largest exporter of Umbrellas in the world. At the same year, Umbrellas was the 474th most exported product in Albania. The main destination of Umbrellas exports from Albania are: Italy ($13.9k), Greece ($13.2k), Montenegro ($12.2k), Croatia ($8.64k), and Germany ($1.3k).

The fastest growing export markets for Umbrellas of Albania between 2021 and 2022 were Greece ($13.2k), Croatia ($8.64k), and Switzerland ($105).

Imports In 2022, Albania imported $3.06M in Umbrellas, becoming the 88th largest importer of Umbrellas in the world. At the same year, Umbrellas was the 356th most imported product in Albania. Albania imports Umbrellas primarily from: China ($1.67M), Bosnia and Herzegovina ($780k), Italy ($124k), Bulgaria ($101k), and Greece ($84.4k).

The fastest growing import markets in Umbrellas for Albania between 2021 and 2022 were Italy ($49.9k), Serbia ($39.2k), and Hungary ($38.4k).

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 Umbrellas. 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)$50.2k
IMPORTS (2022)$3.06M
NET TRADE (2022)-$3.01M

In 2022, Albania exported $50.2k in Umbrellas. The main destinations of Albania exports on Umbrellas were Italy ($13.9k), Greece ($13.2k), Montenegro ($12.2k), Croatia ($8.64k), and Germany ($1.3k).

In 2022, Albania imported $3.06M in Umbrellas, mainly from China ($1.67M), Bosnia and Herzegovina ($780k), Italy ($124k), Bulgaria ($101k), and Greece ($84.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Umbrellas EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Greece$13.2k (1%)
Croatia$8.64k (1%)
Switzerland$105 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Umbrellas BY Albania WERE (2021 - 2022):
Serbia-$29.4k (-100%)
Austria-$6.14k (-100%)
Montenegro-$5.79k (-32.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Umbrellas were:
In 2022, Albania's main importing competitors in Umbrellas were:

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $12.7k
TOP IMPORT POTENTIALChina+ $384k

Umbrellas’s highest export potential is Italy. With an export gap of $12.7k.   Umbrellas’s highest import potential is China with an import gap of $384k.

See methodology.

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