2023
Exports
$24.6MWorld Rnk 88 / 207
Flag Rnk 43 / 848
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2023
Imports
$14.1MWorld Rnk 65 / 177
Flag Rnk 144 / 1119
2023
ECONOMIC COMPLEXITY of Albania
-0.33Rnk 77 / 132

About

Exports In 2023, Albania exported $24.6M in Scrap Iron, making it the 88th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 43rd most exported product in Albania. The main destination of Scrap Iron exports from Albania are: Turkey ($13.2M), Greece ($9.95M), Italy ($1.21M), India ($232k), and Pakistan ($8.41k).

The fastest growing export markets for Scrap Iron of Albania between 2022 and 2023 were Greece ($1.53M) and Pakistan ($8.41k).

Imports In 2023, Albania imported $14.1M in Scrap Iron, becoming the 65th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 144th most imported product in Albania. Albania imports Scrap Iron primarily from: Serbia ($7.92M), North Macedonia ($4.26M), Greece ($1.68M), and Montenegro ($209k).

The fastest growing import markets in Scrap Iron for Albania between 2022 and 2023 were Serbia ($7.92M) and Montenegro ($143k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Scrap Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$24.6M
IMPORTS (2023)$14.1M
NET TRADE (2023)$10.6M

In 2023, Albania exported $24.6M in Scrap Iron. The main destinations of Albania exports on Scrap Iron were Turkey ($13.2M), Greece ($9.95M), Italy ($1.21M), India ($232k), and Pakistan ($8.41k).

In 2023, Albania imported $14.1M in Scrap Iron, mainly from Serbia ($7.92M), North Macedonia ($4.26M), Greece ($1.68M), and Montenegro ($209k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Albania WERE (2022 - 2023):
Greece$1.53M (18.1%)
Pakistan$8.41k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Albania WERE (2022 - 2023):
Turkey-$19.2M (-59.1%)
Italy-$2.08M (-63.2%)
India-$78.1k (-25.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Albania's main exporting competitors in Scrap Iron were:
In 2023, Albania's main importing competitors in Scrap Iron were:
Turkey $7.59B
India $6.63B
Italy $2.59B

Explore Visualizations

Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $4.65M
TOP IMPORT POTENTIALNetherlands+ $31.5k

Scrap Iron’s highest export potential is Turkey. With an export gap of $4.65M.   Scrap Iron’s highest import potential is Netherlands with an import gap of $31.5k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with