2023
Exports
$1.02MWorld Rnk 86 / 212
Flag Rnk 226 / 848
2023
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.77Rnk 16 / 1025
2023
Imports
$4.96MWorld Rnk 124 / 223
Flag Rnk 317 / 1119
2023
ECONOMIC COMPLEXITY of Albania
-0.33Rnk 77 / 132

About

Exports In 2023, Albania exported $1.02M in Interchangeable Tool Parts, making it the 86th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 226th most exported product in Albania. The main destination of Interchangeable Tool Parts exports from Albania are: Germany ($975k), Austria ($20.9k), Italy ($17.4k), Brazil ($2.41k), and Bulgaria ($844).

The fastest growing export markets for Interchangeable Tool Parts of Albania between 2022 and 2023 were Germany ($967k), Austria ($20.9k), and Italy ($12.8k).

Imports In 2023, Albania imported $4.96M in Interchangeable Tool Parts, becoming the 124th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 317th most imported product in Albania. Albania imports Interchangeable Tool Parts primarily from: Italy ($1.21M), Germany ($896k), Greece ($512k), United States ($487k), and China ($458k).

The fastest growing import markets in Interchangeable Tool Parts for Albania between 2022 and 2023 were Germany ($507k), Serbia ($229k), and Greece ($102k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.02M
IMPORTS (2023)$4.96M
NET TRADE (2023)-$3.94M

In 2023, Albania exported $1.02M in Interchangeable Tool Parts. The main destinations of Albania exports on Interchangeable Tool Parts were Germany ($975k), Austria ($20.9k), Italy ($17.4k), Brazil ($2.41k), and Bulgaria ($844).

In 2023, Albania imported $4.96M in Interchangeable Tool Parts, mainly from Italy ($1.21M), Germany ($896k), Greece ($512k), United States ($487k), and China ($458k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Albania WERE (2022 - 2023):
Germany$967k (12.2k%)
Austria$20.9k (1%)
Italy$12.8k (272%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Albania WERE (2022 - 2023):
Senegal-$30.3k (-100%)
Portugal-$14.5k (-100%)
Israel-$9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Albania's main exporting competitors in Interchangeable Tool Parts were:
In 2023, Albania's main importing competitors in Interchangeable Tool Parts were:

Explore Visualizations

Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
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.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with