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Albania Trade Summary

2019

Albania exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR ALBANIA 2019

Overall Exports and Imports for Albania 2019

Exports and imports of Albania in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,719 million.
  • The total value of imports (CIF) was 5,908 million.
  • At the HS6 digit level, 425 products were exported to 131 countries and 2,264 products were imported from 181 countries.

Albania top 5 Export and Import partners 2019

Top five countries to which Albania exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Albania exports to Italy worth US$ 1,302 million, with a partner share of 47.89 percent.
  2. Albania exports to Serbia, FR(Serbia/Montenegro) worth US$ 310 million, with a partner share of 11.40 percent.
  3. Albania exports to Spain worth US$ 217 million, with a partner share of 7.98 percent.
  4. Albania exports to Germany worth US$ 122 million, with a partner share of 4.48 percent.
  5. Albania exports to Greece worth US$ 113 million, with a partner share of 4.16 percent.

Top five countries from which Albania imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Albania imports from Italy worth US$ 1,494 million, with a partner share of 25.29 percent.
  2. Albania imports from Turkey worth US$ 562 million, with a partner share of 9.52 percent.
  3. Albania imports from China worth US$ 544 million, with a partner share of 9.20 percent.
  4. Albania imports from Greece worth US$ 491 million, with a partner share of 8.31 percent.
  5. Albania imports from Germany worth US$ 421 million, with a partner share of 7.12 percent.

Albania Top 5 Productsexports imports at HS 6 digit level 2019

The top five exported HS 6 digit level products to world by Albania along with trade value are:

  1. Albania exported Uppers and parts thereof (excl. stiffeners) , worth 211,504.59 (US$ Thousands).
  2. Albania exported Men's or boys' trousers, breeches, etc, of cott , worth 86,598.49 (US$ Thousands).
  3. Albania exported Footwear, with a metal toe-cap, leather uppers , worth 75,638.48 (US$ Thousands).
  4. Albania exported Footwear with rubber... soles, leather uppers, , worth 53,053.38 (US$ Thousands).
  5. Albania exported Chromium ores and concentrates , worth 45,568.25 (US$ Thousands).

The top five imported HS 6 digit level products from world by Albania along with trade value are

  1. Albania imported Petroleum oils, etc, (excl. crude); preparation , worth 218,935.60 (US$ Thousands).
  2. Albania imported Electrical energy , worth 216,986.52 (US$ Thousands).
  3. Albania imported Automobiles with diesel engine displacing more , worth 121,371.02 (US$ Thousands).
  4. Albania imported Other medicaments of mixed or unmixed products, , worth 103,817.61 (US$ Thousands).
  5. Albania imported Bovine and equine leather, prepared after tanni , worth 52,816.05 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Albania in 2019 are below

  • The maximum rate of tariff in percentage on any product was 15 percent.
  • The simple average tariff across all products was 1.47 percent.
  • The trade weighted average tariff was 1.02 .
  • The total duty free imports in thousands of US dollars were 2,615,004.05 and duty free tariff line items share was 82.54 percent.

Development Indicators 2019

Key Development Indicators of Albania in 2019 are below

  • Albania GDP in current US dollar was 15,402 million.
  • GNI per capita, Atlas method (current US$) was 5,230.00 .
  • Albania Trade balance: as % of GDP was -13.67.
  • Trade balance in current US$ was -2,106.00 million.
  • Trade as percentage of GDP was 76.28 .
  • Trade in services as percentage of GDP was 40.26 .

Trade Indicators 2019

Trade Indicators for Albania in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.21.
  • Index of export market penetration was 3.68.
  • World Growth in percentage was -1.73 and Albania Country Growth was 0.36 .