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Albania Trade Summary

2020

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 2020

Overall Exports and Imports for Albania 2020

Exports and imports of Albania in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,416 million.
  • The total value of imports (CIF) was 5,411 million.
  • At the HS6 digit level, 462 products were exported to 129 countries and 2,452 products were imported from 179 countries.

Albania top 5 Export and Import partners 2020

Top five countries to which Albania exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Albania exports to Italy worth US$ 1,095 million, with a partner share of 45.33 percent.
  2. Albania exports to Serbia, FR(Serbia/Montenegro) worth US$ 293 million, with a partner share of 12.14 percent.
  3. Albania exports to Spain worth US$ 145 million, with a partner share of 6.00 percent.
  4. Albania exports to Germany worth US$ 132 million, with a partner share of 5.45 percent.
  5. Albania exports to Greece worth US$ 120 million, with a partner share of 4.96 percent.

Top five countries from which Albania imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Albania imports from Italy worth US$ 1,366 million, with a partner share of 25.25 percent.
  2. Albania imports from Turkey worth US$ 521 million, with a partner share of 9.64 percent.
  3. Albania imports from China worth US$ 486 million, with a partner share of 8.98 percent.
  4. Albania imports from Greece worth US$ 485 million, with a partner share of 8.96 percent.
  5. Albania imports from Germany worth US$ 419 million, with a partner share of 7.75 percent.

Albania Top 5 Productsexports imports at HS 6 digit level 2020

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 US$ 176,008.44 million.
  2. Albania exported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth US$ 80,061.07 million.
  3. Albania exported Footwear, with a metal toe-cap, leather uppers , worth US$ 66,998.52 million.
  4. Albania exported Men's or boys' trousers, breeches, etc, of cott , worth US$ 51,848.11 million.
  5. Albania exported Other plants or parts, of a kind used in perfum , worth US$ 39,278.40 million.

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 US$ 242,452.87 million.
  2. Albania imported Other medicaments of mixed or unmixed products, , worth US$ 179,196.56 million.
  3. Albania imported Automobiles with diesel engine displacing more , worth US$ 124,429.39 million.
  4. Albania imported Electrical energy , worth US$ 78,478.10 million.
  5. Albania imported Spelt, common wheat and meslin , worth US$ 57,996.69 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Albania in 2020 are below

  • The maximum rate of tariff in percentage on any product was 15 percent.
  • The simple average tariff across all products was 1.45 percent.
  • The trade weighted average tariff was 1.10 .
  • The total duty free imports in thousands of US dollars were 3,378,135.20 and duty free tariff line items share was 82.84 percent.

Development Indicators 2020

Key Development Indicators of Albania in 2020 are below

  • Albania GDP in current US dollar was 15,163 million.
  • GNI per capita, Atlas method (current US$) was 5,270.00 .
  • Albania Trade balance: as % of GDP was -14.51.
  • Trade balance in current US$ was -2,201.00 million.
  • Trade as percentage of GDP was 59.83 .
  • Trade in services as percentage of GDP was 25.69 .

Trade Indicators 2020

Trade Indicators for Albania in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.21.
  • Index of export market penetration was 3.75.
  • World Growth in percentage was -3.75 and Albania Country Growth was -6.60 .