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Albania Trade Summary

2022

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 2022

Overall Exports and Imports for Albania 2022

Exports and imports of Albania in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,306 million.
  • The total value of imports (CIF) was 8,407 million.
  • At the HS6 digit level, 72 products were exported to 92 countries and 889 products were imported from 127 countries.

Albania top 5 Export and Import partners 2022

Top five countries to which Albania exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Albania exports to Italy worth US$ 2,132 million, with a partner share of 49.50 percent.
  2. Albania exports to Serbia, FR(Serbia/Montenegro) worth US$ 440 million, with a partner share of 10.21 percent.
  3. Albania exports to Montenegro worth US$ 340 million, with a partner share of 7.88 percent.
  4. Albania exports to Greece worth US$ 294 million, with a partner share of 6.82 percent.
  5. Albania exports to North Macedonia worth US$ 238 million, with a partner share of 5.52 percent.

Top five countries from which Albania imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Albania imports from Italy worth US$ 1,966 million, with a partner share of 23.39 percent.
  2. Albania imports from Turkey worth US$ 1,013 million, with a partner share of 12.05 percent.
  3. Albania imports from Greece worth US$ 845 million, with a partner share of 10.05 percent.
  4. Albania imports from Serbia, FR(Serbia/Montenegro) worth US$ 528 million, with a partner share of 6.28 percent.
  5. Albania imports from Germany worth US$ 389 million, with a partner share of 4.62 percent.

Albania Top 5 Productsexports imports at HS 6 digit level 2022

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

  1. Albania exported Ferro-chromium containing by weight more than 4 , worth 210,091.82 (US$ Thousands).
  2. Albania exported Footwear with rubber... soles, leather uppers, , worth 30,684.22 (US$ Thousands).
  3. Albania exported Cucumbers and gherkins, fresh or chilled , worth 8,676.45 (US$ Thousands).
  4. Albania exported Electrical energy , worth 8,466.05 (US$ Thousands).
  5. Albania exported Other plants or parts, of a kind used in perfum , worth 8,353.58 (US$ Thousands).

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

  1. Albania imported Other medicaments of mixed or unmixed products, , worth 47,066.37 (US$ Thousands).
  2. Albania imported Frozen shrimps and prawns , worth 33,430.13 (US$ Thousands).
  3. Albania imported Petroleum oils, etc, (excl. crude); preparation , worth 21,978.49 (US$ Thousands).
  4. Albania imported Washing and cleaning preparations, put up for r , worth 18,782.96 (US$ Thousands).
  5. Albania imported Aluminium unwrought, alloyed , worth 14,813.61 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Albania in 2022 are below

  • The maximum rate of tariff in percentage on any product was 15 percent.
  • The simple average tariff across all products was 4.32 percent.
  • The trade weighted average tariff was 3.15 .
  • The total duty free imports in thousands of US dollars were 268,516.75 and duty free tariff line items share was 50.89 percent.

Development Indicators 2022

Key Development Indicators of Albania in 2022 are below

  • Albania GDP in current US dollar was 18,882 million.
  • GNI per capita, Atlas method (current US$) was 6,770.00 .
  • Albania Trade balance: as % of GDP was -10.38.
  • Trade balance in current US$ was -1,960.00 million.
  • Trade as percentage of GDP was 85.31 .
  • Trade in services as percentage of GDP was 39.89 .

Trade Indicators 2022

Trade Indicators for Albania in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.17.
  • Index of export market penetration was 4.22.
  • World Growth in percentage was 5.18 and Albania Country Growth was 12.40 .