2022
Exports
$1.97MWorld Rnk 110 / 218
Flag Rnk 159 / 837
2022
PRODUCT COMPLEXITY IN Other Edible Preparations
0.054Rnk 531 / 1025
2022
Imports
$46.6MWorld Rnk 111 / 226
Flag Rnk 23 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $1.97M in Other Edible Preparations, making it the 110th largest exporter of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 159th most exported product in Albania. The main destination of Other Edible Preparations exports from Albania are: Italy ($1.01M), North Macedonia ($781k), Sweden ($40.8k), United States ($36.3k), and Netherlands ($29.7k).

The fastest growing export markets for Other Edible Preparations of Albania between 2021 and 2022 were North Macedonia ($772k), Italy ($85.2k), and Sweden ($40.4k).

Imports In 2022, Albania imported $46.6M in Other Edible Preparations, becoming the 111th largest importer of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 23rd most imported product in Albania. Albania imports Other Edible Preparations primarily from: Italy ($15.1M), Greece ($8.13M), Poland ($4.46M), Lithuania ($3.18M), and Serbia ($2.3M).

The fastest growing import markets in Other Edible Preparations for Albania between 2021 and 2022 were Greece ($3.49M), Lithuania ($366k), and Turkey ($317k).

Latest Trends

Sep 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 Other Edible Preparations. 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)$1.97M
IMPORTS (2022)$46.6M
NET TRADE (2022)-$44.6M

In 2022, Albania exported $1.97M in Other Edible Preparations. The main destinations of Albania exports on Other Edible Preparations were Italy ($1.01M), North Macedonia ($781k), Sweden ($40.8k), United States ($36.3k), and Netherlands ($29.7k).

In 2022, Albania imported $46.6M in Other Edible Preparations, mainly from Italy ($15.1M), Greece ($8.13M), Poland ($4.46M), Lithuania ($3.18M), and Serbia ($2.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Edible Preparations EXPORT MARKETS FOR Albania WERE (2021 - 2022):
North Macedonia$772k (9k%)
Italy$85.2k (9.23%)
Sweden$40.4k (11.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Edible Preparations BY Albania WERE (2021 - 2022):
Serbia-$1.05M (-100%)
Greece-$176k (-97.8%)
Netherlands-$47.8k (-61.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Other Edible Preparations were:
In 2022, Albania's main importing competitors in Other Edible Preparations were:

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Trade Value of Other Edible Preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $470k
TOP IMPORT POTENTIALGermany+ $1.77M

Other Edible Preparations’s highest export potential is Italy. With an export gap of $470k.   Other Edible Preparations’s highest import potential is Germany with an import gap of $1.77M.

See methodology.

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