2022
Exports
$56.7kWorld Rnk 106 / 174
Flag Rnk 458 / 837
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2022
Imports
$6.18MWorld Rnk 90 / 218
Flag Rnk 239 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $56.7k in Woodworking machines, making it the 106th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 458th most exported product in Albania. The main destination of Woodworking machines exports from Albania are: Italy ($24.3k), Senegal ($21.3k), Greece ($5.32k), Montenegro ($3.83k), and Netherlands ($1.95k).

The fastest growing export markets for Woodworking machines of Albania between 2021 and 2022 were Senegal ($21.3k), Montenegro ($3.83k), and Greece ($3.54k).

Imports In 2022, Albania imported $6.18M in Woodworking machines, becoming the 90th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 239th most imported product in Albania. Albania imports Woodworking machines primarily from: Italy ($4.32M), Turkey ($1.08M), China ($617k), Germany ($69.9k), and Greece ($29.8k).

The fastest growing import markets in Woodworking machines for Albania between 2021 and 2022 were Italy ($804k), Turkey ($373k), and China ($317k).

Latest Trends

Aug 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 Woodworking machines. 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)$56.7k
IMPORTS (2022)$6.18M
NET TRADE (2022)-$6.12M

In 2022, Albania exported $56.7k in Woodworking machines. The main destinations of Albania exports on Woodworking machines were Italy ($24.3k), Senegal ($21.3k), Greece ($5.32k), Montenegro ($3.83k), and Netherlands ($1.95k).

In 2022, Albania imported $6.18M in Woodworking machines, mainly from Italy ($4.32M), Turkey ($1.08M), China ($617k), Germany ($69.9k), and Greece ($29.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Senegal$21.3k (1%)
Montenegro$3.83k (1%)
Greece$3.54k (200%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Albania WERE (2021 - 2022):
Serbia-$76.3k (-100%)
Italy-$50.8k (-67.6%)
Turkey-$1.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, Albania's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $22.1k
TOP IMPORT POTENTIALChina+ $542k

Woodworking machines’s highest export potential is Italy. With an export gap of $22.1k.   Woodworking machines’s highest import potential is China with an import gap of $542k.

See methodology.

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