2022
Exports
$6.82MWorld Rnk 56 / 193
Flag Rnk 89 / 837
2022
PRODUCT COMPLEXITY IN Electric Generating Sets
0.31Rnk 443 / 1025
2022
Imports
$15MWorld Rnk 126 / 221
Flag Rnk 114 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $6.82M in Electric Generating Sets, making it the 56th largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 89th most exported product in Albania. The main destination of Electric Generating Sets exports from Albania are: Ukraine ($1.82M), Poland ($1.19M), Turkey ($893k), Austria ($470k), and Sri Lanka ($436k).

The fastest growing export markets for Electric Generating Sets of Albania between 2021 and 2022 were Ukraine ($1.78M), Poland ($1.15M), and Turkey ($857k).

Imports In 2022, Albania imported $15M in Electric Generating Sets, becoming the 126th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 114th most imported product in Albania. Albania imports Electric Generating Sets primarily from: China ($5.61M), Turkey ($2.43M), Austria ($1.69M), Germany ($1.62M), and Italy ($1.25M).

The fastest growing import markets in Electric Generating Sets for Albania between 2021 and 2022 were China ($4.7M), Germany ($1.56M), and Turkey ($1.44M).

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 Electric Generating Sets. 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)$6.82M
IMPORTS (2022)$15M
NET TRADE (2022)-$8.14M

In 2022, Albania exported $6.82M in Electric Generating Sets. The main destinations of Albania exports on Electric Generating Sets were Ukraine ($1.82M), Poland ($1.19M), Turkey ($893k), Austria ($470k), and Sri Lanka ($436k).

In 2022, Albania imported $15M in Electric Generating Sets, mainly from China ($5.61M), Turkey ($2.43M), Austria ($1.69M), Germany ($1.62M), and Italy ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Generating Sets EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Ukraine$1.78M (3.75k%)
Poland$1.15M (3.06k%)
Turkey$857k (2.36k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Generating Sets BY Albania WERE (2021 - 2022):
Ethiopia-$861k (-100%)
Switzerland-$315k (-100%)
Czechia-$283k (-82.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Electric Generating Sets were:
In 2022, Albania's main importing competitors in Electric Generating Sets were:

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Trade Value of Electric Generating Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $335k
TOP IMPORT POTENTIALChina+ $1.71M

Electric Generating Sets’s highest export potential is Turkey. With an export gap of $335k.   Electric Generating Sets’s highest import potential is China with an import gap of $1.71M.

See methodology.

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