2022
Exports
$158kWorld Rnk 92 / 165
Flag Rnk 355 / 837
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$2.03MWorld Rnk 116 / 211
Flag Rnk 411 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

The fastest growing export markets for Forging Machines of Albania between 2021 and 2022 were Senegal ($86.2k), Greece ($31.2k), and Canada ($17.2k).

Imports In 2022, Albania imported $2.03M in Forging Machines, becoming the 116th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 411th most imported product in Albania. Albania imports Forging Machines primarily from: Italy ($684k), China ($550k), Turkey ($392k), Czechia ($216k), and Greece ($80.8k).

The fastest growing import markets in Forging Machines for Albania between 2021 and 2022 were Czechia ($196k), Netherlands ($22.6k), and Ukraine ($2.29k).

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 Forging Machines. 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)$158k
IMPORTS (2022)$2.03M
NET TRADE (2022)-$1.87M

In 2022, Albania imported $2.03M in Forging Machines, mainly from Italy ($684k), China ($550k), Turkey ($392k), Czechia ($216k), and Greece ($80.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Senegal$86.2k (1%)
Greece$31.2k (1.8k%)
Canada$17.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Albania WERE (2021 - 2022):
Ethiopia-$643k (-100%)
Italy-$37.6k (-85.8%)
Portugal-$17.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Albania's main importing competitors in Forging Machines were:

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Trade Value of Forging Machines by Exporters

Potential Exports

Potential Exports

Flow
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N/AN/AN/A
TOP IMPORT POTENTIALChina+ $285k

Forging Machines’s highest export potential is N/A. With an export gap of N/A.   Forging Machines’s highest import potential is China with an import gap of $285k.

See methodology.

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