2023
Exports
$1.24MWorld Rnk 93 / 206
Flag Rnk 212 / 848
2023
PRODUCT COMPLEXITY IN Refrigerators
0.59Rnk 333 / 1025
2023
Imports
$49.1MWorld Rnk 100 / 225
Flag Rnk 30 / 1119
2023
ECONOMIC COMPLEXITY of Albania
-0.33Rnk 77 / 132

About

Exports In 2023, Albania exported $1.24M in Refrigerators, making it the 93rd largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 212th most exported product in Albania. The main destination of Refrigerators exports from Albania are: Serbia ($587k), Italy ($241k), United States ($142k), Senegal ($95.9k), and Montenegro ($48k).

The fastest growing export markets for Refrigerators of Albania between 2022 and 2023 were Serbia ($587k), United States ($142k), and Senegal ($48.7k).

Imports In 2023, Albania imported $49.1M in Refrigerators, becoming the 100th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 30th most imported product in Albania. Albania imports Refrigerators primarily from: China ($12.5M), Italy ($8.59M), Turkey ($7.99M), Poland ($7.49M), and Romania ($3.02M).

The fastest growing import markets in Refrigerators for Albania between 2022 and 2023 were China ($6.9M), Italy ($2.4M), and Poland ($2.36M).

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 Refrigerators. 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)$1.24M
IMPORTS (2023)$49.1M
NET TRADE (2023)-$47.9M

In 2023, Albania exported $1.24M in Refrigerators. The main destinations of Albania exports on Refrigerators were Serbia ($587k), Italy ($241k), United States ($142k), Senegal ($95.9k), and Montenegro ($48k).

In 2023, Albania imported $49.1M in Refrigerators, mainly from China ($12.5M), Italy ($8.59M), Turkey ($7.99M), Poland ($7.49M), and Romania ($3.02M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Albania WERE (2022 - 2023):
Serbia$587k (1%)
United States$142k (1%)
Senegal$48.7k (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Albania WERE (2022 - 2023):
Italy-$428k (-63.9%)
Germany-$121k (-80.4%)
Greece-$33.7k (-56.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Albania's main exporting competitors in Refrigerators were:
China $16.4B
Mexico $7.25B
Italy $4.25B
In 2023, Albania's main importing competitors in Refrigerators were:

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $423k
TOP IMPORT POTENTIALChina+ $4.27M

Refrigerators’s highest export potential is Italy. With an export gap of $423k.   Refrigerators’s highest import potential is China with an import gap of $4.27M.

See methodology.

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