Overall Exports and Imports for Albania 2023
- The total value of exports (FOB) is US$ 4,375 million.
- The total value of imports (CIF) is US$ 8,669 million.
- At the HS6 digit level, 812 products are exported to 141 countries and 3,013 products are imported from 191 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Albania along with trade value are:
- Albania exported Uppers and parts thereof (excl. stiffeners) , worth 242,211.37 (US$ Thousands).
- Albania exported Electrical energy , worth 207,037.46 (US$ Thousands).
- Albania exported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 203,586.39 (US$ Thousands).
- Albania exported Ferro-chromium containing by weight more than 4 , worth 135,577.41 (US$ Thousands).
- Albania exported Ignition wiring sets&oth wiring sets of a kind , worth 97,934.44 (US$ Thousands).
The top five imported HS 6 digit level products from world by Albania along with trade value are
- Albania imported Petroleum oils, etc, (excl. crude); preparation , worth 579,895.80 (US$ Thousands).
- Albania imported Automobiles with diesel engine displacing more , worth 223,173.61 (US$ Thousands).
- Albania imported Other medicaments of mixed or unmixed products, , worth 201,265.53 (US$ Thousands).
- Albania imported Electrical energy , worth 189,666.34 (US$ Thousands).
- Albania imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 184,926.82 (US$ Thousands).
Albania top 5 Export and Import partners 2023
The top five countries to which Albania exported 2023 along with the partner share in percentage are:
- Albania exports to Italy worth US$ 1,878 million, with a partner share of 42.92 percent.
- Albania exports to Serbia, FR(Serbia/Montenegro) worth US$ 505 million, with a partner share of 11.55 percent.
- Albania exports to Greece worth US$ 285 million, with a partner share of 6.51 percent.
- Albania exports to Germany worth US$ 230 million, with a partner share of 5.25 percent.
- Albania exports to Spain worth US$ 188 million, with a partner share of 4.29 percent.
The top five countries to which Albania imported goods 2023 along with the share in percentage are
- Albania imports from Italy worth US$ 1,926 million, with a partner share of 22.22 percent.
- Albania imports from China worth US$ 931 million, with a partner share of 10.75 percent.
- Albania imports from Turkey worth US$ 841 million, with a partner share of 9.70 percent.
- Albania imports from Germany worth US$ 614 million, with a partner share of 7.08 percent.
- Albania imports from Greece worth US$ 566 million, with a partner share of 6.53 percent.
Albania Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Albania Raw materials exports are worth US$ 392 million, product share of 8.97%.
- Albania Raw materials imports are worth US$ 474 million, product share of 5.47%.
- Albania Intermediate goods exports are worth US$ 1,260 million, product share of 28.80%.
- Albania Intermediate goods imports are worth US$ 1,970 million, product share of 22.72%.
- Albania Consumer goods exports are worth US$ 1,369 million, product share of 31.30%.
- Albania Consumer goods imports are worth US$ 4,212 million, product share of 48.58%.
- Albania Capital goods exports are worth US$ 68 million, product share of 1.56%.
- Albania Capital goods imports are worth US$ 1,124 million, product share of 12.96%.
Albania Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.19.
- Index of export market penetration is 0.19.
- World Growth in percentage is 0.19 and Albania Country Growth is -3.36.
Albania Service Trade data from WDI 2023
- Albania, Service imports (BoP, current US$) is 3,477,656,982.65.
- Albania, Service exports (BoP, current US$) is 7,114,203,249.58.
- Albania, Imports of goods and services as percentage of GDP is 43.83 %.
- Albania, Exports of goods and services as percentage of GDP is 38.67 %.