2022
Exports
$26.3MWorld Rnk 76 / 226
Flag Rnk 35 / 837
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$43.4MWorld Rnk 132 / 225
Flag Rnk 28 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $26.3M in Motor vehicles; parts and accessories (8701 to 8705), making it the 76th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 35th most exported product in Albania. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Albania are: United States ($15.9M), Italy ($7.5M), China ($1.24M), United Kingdom ($313k), and Turkey ($301k).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Albania between 2021 and 2022 were United States ($13.2M), United Kingdom ($294k), and China ($247k).

Imports In 2022, Albania imported $43.4M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 132nd largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 28th most imported product in Albania. Albania imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Italy ($9.76M), China ($6.27M), Germany ($5.39M), Turkey ($4.87M), and Serbia ($2.65M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Albania between 2021 and 2022 were North Macedonia ($988k), Slovenia ($674k), and Turkey ($588k).

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 Motor vehicles; parts and accessories (8701 to 8705). 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)$26.3M
IMPORTS (2022)$43.4M
NET TRADE (2022)-$17.1M

In 2022, Albania exported $26.3M in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Albania exports on Motor vehicles; parts and accessories (8701 to 8705) were United States ($15.9M), Italy ($7.5M), China ($1.24M), United Kingdom ($313k), and Turkey ($301k).

In 2022, Albania imported $43.4M in Motor vehicles; parts and accessories (8701 to 8705), mainly from Italy ($9.76M), China ($6.27M), Germany ($5.39M), Turkey ($4.87M), and Serbia ($2.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Albania WERE (2021 - 2022):
United States$13.2M (485%)
United Kingdom$294k (1.6k%)
China$247k (25%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Albania WERE (2021 - 2022):
Serbia-$871k (-98.8%)
Italy-$740k (-8.99%)
Slovenia-$287k (-61.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Albania's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.7M
TOP IMPORT POTENTIALGermany+ $6.79M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is United States. With an export gap of $13.7M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is Germany with an import gap of $6.79M.

See methodology.

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