2022
Exports
$79.5kWorld Rnk 135 / 213
Flag Rnk 427 / 837
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$6.41MWorld Rnk 112 / 225
Flag Rnk 231 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $79.5k in Interchangeable Tool Parts, making it the 135th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 427th most exported product in Albania. The main destination of Interchangeable Tool Parts exports from Albania are: Senegal ($30.3k), Portugal ($14.5k), Israel ($9k), Germany ($7.95k), and Netherlands ($6.32k).

The fastest growing export markets for Interchangeable Tool Parts of Albania between 2021 and 2022 were Portugal ($14.5k), Germany ($7.95k), and Netherlands ($4.87k).

Imports In 2022, Albania imported $6.41M in Interchangeable Tool Parts, becoming the 112th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 231st most imported product in Albania. Albania imports Interchangeable Tool Parts primarily from: Italy ($1.37M), United States ($1.23M), China ($1.21M), Greece ($552k), and Germany ($521k).

The fastest growing import markets in Interchangeable Tool Parts for Albania between 2021 and 2022 were United States ($1.17M), Italy ($517k), and Romania ($423k).

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 Interchangeable Tool Parts. 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)$79.5k
IMPORTS (2022)$6.41M
NET TRADE (2022)-$6.33M

In 2022, Albania exported $79.5k in Interchangeable Tool Parts. The main destinations of Albania exports on Interchangeable Tool Parts were Senegal ($30.3k), Portugal ($14.5k), Israel ($9k), Germany ($7.95k), and Netherlands ($6.32k).

In 2022, Albania imported $6.41M in Interchangeable Tool Parts, mainly from Italy ($1.37M), United States ($1.23M), China ($1.21M), Greece ($552k), and Germany ($521k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Portugal$14.5k (1%)
Germany$7.95k (1%)
Netherlands$4.87k (336%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Albania WERE (2021 - 2022):
Italy-$18.5k (-79.8%)
Peru-$14.1k (-100%)
Sweden-$12.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Interchangeable Tool Parts were:
In 2022, Albania's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $23k
TOP IMPORT POTENTIALChina+ $864k

Interchangeable Tool Parts’s highest export potential is Germany. With an export gap of $23k.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $864k.

See methodology.

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