2023
Exports
$903kWorld Rnk 101 / 212
Flag Rnk 238 / 848
2023
PRODUCT COMPLEXITY IN Other Heating Machinery
1.3Rnk 78 / 1025
2023
Imports
$17.1MWorld Rnk 118 / 225
Flag Rnk 119 / 1119
2023
ECONOMIC COMPLEXITY of Albania
-0.33Rnk 77 / 132

About

Exports In 2023, Albania exported $903k in Other Heating Machinery, making it the 101st largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 238th most exported product in Albania. The main destination of Other Heating Machinery exports from Albania are: Ukraine ($630k), Serbia ($89.9k), Italy ($61.6k), United States ($39.8k), and United Kingdom ($24k).

The fastest growing export markets for Other Heating Machinery of Albania between 2022 and 2023 were Ukraine ($630k), Serbia ($67.4k), and United States ($39.8k).

Imports In 2023, Albania imported $17.1M in Other Heating Machinery, becoming the 118th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 119th most imported product in Albania. Albania imports Other Heating Machinery primarily from: Greece ($5.87M), Italy ($5.59M), China ($1.4M), Turkey ($1.04M), and Germany ($644k).

The fastest growing import markets in Other Heating Machinery for Albania between 2022 and 2023 were Turkey ($302k), United States ($262k), and Austria ($242k).

Latest Trends

Jan 2025

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 Heating Machinery. 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 (2023)$903k
IMPORTS (2023)$17.1M
NET TRADE (2023)-$16.2M

In 2023, Albania exported $903k in Other Heating Machinery. The main destinations of Albania exports on Other Heating Machinery were Ukraine ($630k), Serbia ($89.9k), Italy ($61.6k), United States ($39.8k), and United Kingdom ($24k).

In 2023, Albania imported $17.1M in Other Heating Machinery, mainly from Greece ($5.87M), Italy ($5.59M), China ($1.4M), Turkey ($1.04M), and Germany ($644k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Albania WERE (2022 - 2023):
Ukraine$630k (1%)
Serbia$67.4k (300%)
United States$39.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Albania WERE (2022 - 2023):
Italy-$152k (-71.2%)
North Macedonia-$16.7k (-100%)
Senegal-$6.22k (-93.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Albania's main exporting competitors in Other Heating Machinery were:
China $8.69B
Germany $5.96B
Italy $4.77B
In 2023, Albania's main importing competitors in Other Heating Machinery were:

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $170k
TOP IMPORT POTENTIALChina+ $2.09M

Other Heating Machinery’s highest export potential is Italy. With an export gap of $170k.   Other Heating Machinery’s highest import potential is China with an import gap of $2.09M.

See methodology.

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