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Albania Trade Summary

2017

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 2017

Overall Exports and Imports for Albania 2017

Exports and imports of Albania in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,262 million.
  • The total value of imports (CIF) was 5,717 million.
  • At the HS6 digit level, 379 products were exported to 116 countries and 2,216 products were imported from 177 countries.

Albania top 5 Export and Import partners 2017

Top five countries to which Albania exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Albania exports to Italy worth US$ 1,232 million, with a partner share of 54.46 percent.
  2. Albania exports to Serbia, FR(Serbia/Montenegro) worth US$ 176 million, with a partner share of 7.80 percent.
  3. Albania exports to Spain worth US$ 126 million, with a partner share of 5.59 percent.
  4. Albania exports to Greece worth US$ 98 million, with a partner share of 4.33 percent.
  5. Albania exports to Germany worth US$ 92 million, with a partner share of 4.05 percent.

Top five countries from which Albania imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Albania imports from Italy worth US$ 1,512 million, with a partner share of 26.45 percent.
  2. Albania imports from Unspecified worth US$ 646 million, with a partner share of 11.30 percent.
  3. Albania imports from Turkey worth US$ 428 million, with a partner share of 7.49 percent.
  4. Albania imports from Germany worth US$ 428 million, with a partner share of 7.49 percent.
  5. Albania imports from Greece worth US$ 421 million, with a partner share of 7.37 percent.

Albania Top 5 Productsexports imports at HS 6 digit level 2017

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$ 172,396.66 million.
  2. Albania exported Chromium ores and concentrates , worth US$ 86,313.83 million.
  3. Albania exported Men's or boys' trousers, breeches, etc, of cott , worth US$ 86,176.96 million.
  4. Albania exported Footwear with rubber... soles, leather uppers, , worth US$ 59,961.44 million.
  5. Albania exported Footwear, with a metal toe-cap, leather uppers , worth US$ 58,214.10 million.

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

  1. Albania imported Electrical energy , worth US$ 563,677.77 million.
  2. Albania imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 134,582.85 million.
  3. Albania imported Automobiles with diesel engine displacing more , worth US$ 113,662.89 million.
  4. Albania imported Other medicaments of mixed or unmixed products, , worth US$ 109,288.76 million.
  5. Albania imported Bovine and equine leather, prepared after tanni , worth US$ 67,306.52 million.

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Albania in 2017 are below

  • The maximum rate of tariff in percentage on any product was 15 percent.
  • The simple average tariff across all products was 1.22 percent.
  • The trade weighted average tariff was 0.85 .
  • The total duty free imports in thousands of US dollars were 2,916,853.24 and duty free tariff line items share was 84.72 percent.

Development Indicators 2017

Key Development Indicators of Albania in 2017 are below

  • Albania GDP in current US dollar was 13,039 million.
  • GNI per capita, Atlas method (current US$) was 4,320.00 .
  • Albania Trade balance: as % of GDP was -15.03.
  • Trade balance in current US$ was -1,960.00 million.
  • Trade as percentage of GDP was 78.08 .
  • Trade in services as percentage of GDP was 40.31 .

Trade Indicators 2017

Trade Indicators for Albania in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.23.
  • Index of export market penetration was 3.10.
  • World Growth in percentage was 1.50 and Albania Country Growth was 8.34 .