2022
Exports
$5.88MWorld Rnk 83 / 169
Flag Rnk 96 / 837
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$53.6MWorld Rnk 39 / 217
Flag Rnk 18 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $5.88M in Crustaceans, making it the 83rd largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 96th most exported product in Albania. The main destination of Crustaceans exports from Albania are: Italy ($5.55M), Montenegro ($145k), Denmark ($117k), United States ($65k), and Serbia ($8.95k).

The fastest growing export markets for Crustaceans of Albania between 2021 and 2022 were Italy ($3.03M), United States ($65k), and Denmark ($20.8k).

Imports In 2022, Albania imported $53.6M in Crustaceans, becoming the 39th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 18th most imported product in Albania. Albania imports Crustaceans primarily from: Denmark ($23M), Netherlands ($10.2M), Ecuador ($8.27M), Italy ($4.34M), and Canada ($4.26M).

The fastest growing import markets in Crustaceans for Albania between 2021 and 2022 were Denmark ($8.9M), Ecuador ($4.03M), and Italy ($1.77M).

Latest Trends

Sep 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 Crustaceans. 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)$5.88M
IMPORTS (2022)$53.6M
NET TRADE (2022)-$47.7M

In 2022, Albania exported $5.88M in Crustaceans. The main destinations of Albania exports on Crustaceans were Italy ($5.55M), Montenegro ($145k), Denmark ($117k), United States ($65k), and Serbia ($8.95k).

In 2022, Albania imported $53.6M in Crustaceans, mainly from Denmark ($23M), Netherlands ($10.2M), Ecuador ($8.27M), Italy ($4.34M), and Canada ($4.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Italy$3.03M (121%)
United States$65k (1%)
Denmark$20.8k (21.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Albania WERE (2021 - 2022):
Spain-$252k (-100%)
Serbia-$56.5k (-86.3%)
Montenegro-$52.3k (-26.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Albania's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $309k
TOP IMPORT POTENTIALIndia+ $769k

Crustaceans’s highest export potential is United States. With an export gap of $309k.   Crustaceans’s highest import potential is India with an import gap of $769k.

See methodology.

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