2022
Exports
$245MWorld Rnk 83 / 226
Flag Rnk 6 / 96
2022
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.96Rnk 7 / 1025
2022
Imports
$522MWorld Rnk 119 / 226
Flag Rnk 3 / 96
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $245M in Electrical machinery and electronics, making it the 83rd largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 6th most exported product in Albania. The main destination of Electrical machinery and electronics exports from Albania are: Italy ($130M), Slovakia ($48.5M), Czechia ($26.8M), Germany ($13.5M), and Turkey ($6.47M).

The fastest growing export markets for Electrical machinery and electronics of Albania between 2021 and 2022 were Italy ($29.4M), Slovakia ($8.75M), and Turkey ($2.28M).

Imports In 2022, Albania imported $522M in Electrical machinery and electronics, becoming the 119th largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 3rd most imported product in Albania. Albania imports Electrical machinery and electronics primarily from: Italy ($164M), China ($80.4M), Turkey ($34M), Germany ($32M), and Slovakia ($30.8M).

The fastest growing import markets in Electrical machinery and electronics for Albania between 2021 and 2022 were Italy ($19.6M), Greece ($6.78M), and Germany ($5.49M).

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 Electrical machinery and electronics. 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)$245M
IMPORTS (2022)$522M
NET TRADE (2022)-$277M

In 2022, Albania exported $245M in Electrical machinery and electronics. The main destinations of Albania exports on Electrical machinery and electronics were Italy ($130M), Slovakia ($48.5M), Czechia ($26.8M), Germany ($13.5M), and Turkey ($6.47M).

In 2022, Albania imported $522M in Electrical machinery and electronics, mainly from Italy ($164M), China ($80.4M), Turkey ($34M), Germany ($32M), and Slovakia ($30.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Italy$29.4M (29.2%)
Slovakia$8.75M (22%)
Turkey$2.28M (54.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY Albania WERE (2021 - 2022):
Czechia-$5.24M (-16.3%)
Serbia-$3.77M (-97.8%)
Ethiopia-$903k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Electrical machinery and electronics were:
In 2022, Albania's main importing competitors in Electrical machinery and electronics were:

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Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $15.9M
TOP IMPORT POTENTIALChina+ $66.3M

Electrical machinery and electronics’s highest export potential is Italy. With an export gap of $15.9M.   Electrical machinery and electronics’s highest import potential is China with an import gap of $66.3M.

See methodology.

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