2023
Exports
$38.1MWorld Rnk 84 / 163
Flag Rnk 23 / 848
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$140MWorld Rnk 92 / 220
Flag Rnk 6 / 1119
2023
ECONOMIC COMPLEXITY of Albania
-0.33Rnk 77 / 132

About

Exports In 2023, Albania exported $38.1M in Petroleum Gas, making it the 84th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 23rd most exported product in Albania. The main destination of Petroleum Gas exports from Albania are: Bulgaria ($10.2M), North Macedonia ($6.87M), Saudi Arabia ($5.26M), Montenegro ($2.88M), and Germany ($2.5M).

The fastest growing export markets for Petroleum Gas of Albania between 2022 and 2023 were North Macedonia ($6.87M), Saudi Arabia ($4.44M), and Montenegro ($2.43M).

Imports In 2023, Albania imported $140M in Petroleum Gas, becoming the 92nd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 6th most imported product in Albania. Albania imports Petroleum Gas primarily from: N/A.

The fastest growing import markets in Petroleum Gas for Albania between 2022 and 2023 were Algeria ($44.4M), Azerbaijan ($22.1M), and Egypt ($8.51M).

Latest Trends

Dec 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 Petroleum Gas. 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)$38.1M
IMPORTS (2023)$140M
NET TRADE (2023)-$102M

In 2023, Albania exported $38.1M in Petroleum Gas. The main destinations of Albania exports on Petroleum Gas were Bulgaria ($10.2M), North Macedonia ($6.87M), Saudi Arabia ($5.26M), Montenegro ($2.88M), and Germany ($2.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Albania WERE (2022 - 2023):
North Macedonia$6.87M (1%)
Saudi Arabia$4.44M (542%)
Montenegro$2.43M (542%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Albania WERE (2022 - 2023):
Germany-$3.4M (-57.6%)
Malta-$1.34M (-96%)
Greece-$1.32M (-53.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Albania's main exporting competitors in Petroleum Gas were:
In 2023, Albania's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.32M
TOP IMPORT POTENTIALUnited States+ $9.56M

Petroleum Gas’s highest export potential is Germany. With an export gap of $7.32M.   Petroleum Gas’s highest import potential is United States with an import gap of $9.56M.

See methodology.

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