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Albania Trade Summary

2021

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 2021

Overall Exports and Imports for Albania 2021

Exports and imports of Albania in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,562 million.
  • The total value of imports (CIF) was 7,735 million.
  • At the HS6 digit level, 468 products were exported to 136 countries and 2,272 products were imported from 187 countries.

Albania top 5 Export and Import partners 2021

Top five countries to which Albania exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Albania exports to Italy worth US$ 1,505 million, with a partner share of 42.24 percent.
  2. Albania exports to Serbia, FR(Serbia/Montenegro) worth US$ 408 million, with a partner share of 11.45 percent.
  3. Albania exports to Spain worth US$ 228 million, with a partner share of 6.39 percent.
  4. Albania exports to Unspecified worth US$ 206 million, with a partner share of 5.77 percent.
  5. Albania exports to Greece worth US$ 146 million, with a partner share of 4.09 percent.

Top five countries from which Albania imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Albania imports from Italy worth US$ 1,879 million, with a partner share of 24.29 percent.
  2. Albania imports from Turkey worth US$ 832 million, with a partner share of 10.75 percent.
  3. Albania imports from China worth US$ 630 million, with a partner share of 8.14 percent.
  4. Albania imports from Greece worth US$ 618 million, with a partner share of 8.00 percent.
  5. Albania imports from Germany worth US$ 527 million, with a partner share of 6.81 percent.

Albania Top 5 Productsexports imports at HS 6 digit level 2021

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 241,434.34 (US$ Thousands).
  2. Albania exported Footwear, with a metal toe-cap, leather uppers , worth 78,417.08 (US$ Thousands).
  3. Albania exported Men's or boys' trousers, breeches, etc, of cott , worth 75,286.65 (US$ Thousands).
  4. Albania exported Ferro-chromium containing by weight more than 4 , worth 50,444.44 (US$ Thousands).
  5. Albania exported Portland cement (excl. white) , worth 43,719.54 (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 273,412.33 (US$ Thousands).
  2. Albania imported Electrical energy , worth 205,312.98 (US$ Thousands).
  3. Albania imported Automobiles with diesel engine displacing more , worth 152,906.05 (US$ Thousands).
  4. Albania imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 137,968.63 (US$ Thousands).
  5. Albania imported Other medicaments of mixed or unmixed products, , worth 119,936.17 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Albania in 2021 are below

  • The maximum rate of tariff in percentage on any product was 15 percent.
  • The simple average tariff across all products was 1.61 percent.
  • The trade weighted average tariff was 1.13 .
  • The total duty free imports in thousands of US dollars were 3,226,408.10 and duty free tariff line items share was 81.41 percent.

Development Indicators 2021

Key Development Indicators of Albania in 2021 are below

  • Albania GDP in current US dollar was 17,931 million.
  • GNI per capita, Atlas method (current US$) was 6,100.00 .
  • Albania Trade balance: as % of GDP was -13.40.
  • Trade balance in current US$ was -2,403.00 million.
  • Trade as percentage of GDP was 76.02 .
  • Trade in services as percentage of GDP was 34.09 .

Trade Indicators 2021

Trade Indicators for Albania in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.20.
  • Index of export market penetration was 4.09.
  • World Growth in percentage was 12.50 and Albania Country Growth was 18.00 .