Albania (ALB)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Albania - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | Italy (ITA) | 43.7% $1.75B | 21.2% $2.03B | 27.8% $3.78B |
| 2 | China (CHN) | 2.8% $112.00M | 10.9% $1.05B | 8.5% $1.16B |
| 3 | Türkiye (TUR) | 1.3% $52.05M | 10.8% $1.04B | 8.0% $1.09B |
| 4 | Greece (GRC) | 6.3% $251.79M | 7.6% $731.71M | 7.2% $983.50M |
| 5 | Germany (DEU) | 5.9% $236.51M | 7.2% $692.45M | 6.8% $928.96M |
| 6 | Serbia (SRB) | 12.1% $485.24M | 4.2% $403.58M | 6.5% $888.82M |
| 7 | USA (USA) | 1.9% $77.76M | 2.3% $220.94M | 2.2% $298.69M |
| 8 | Spain (ESP) | 3.5% $139.61M | 1.5% $144.20M | 2.1% $283.81M |
| 9 | North Macedonia (MKD) | 3.2% $127.02M | 1.3% $129.58M | 1.9% $256.60M |
| 10 | Poland (POL) | 0.6% $25.35M | 2.1% $203.02M | 1.7% $228.37M |
- In 2024, Albania's total trade was $13.6B, comprising $4.0B in exports and $9.6B in imports, resulting in a trade balance of -$5.6B.
- Albania ranked 102nd globally in total trade, 101st in exports, and 96th in imports.
- The country's top export destination was Italy, which received 43.7% of Albania's exports, valued at $1.7B.
- Italy was also the largest source of imports, accounting for 21.2% of the total, valued at $2.0B.
- The leading export category was Footwear (HS2 64), with international sales amounting to $450.1M.
- The most significant import category was Vehicles (HS2 87), with a total import value of $940.6M.
Albania's Trade Landscape in 2024
In 2024, Albania's international trade activity positioned it as the 102nd largest trading nation in the world. The country's exports were valued at $4.0B, while imports stood at $9.6B, leading to a trade deficit of -$5.6B. The primary export partner for Albania was Italy, which absorbed $1.7B (43.7%) of its goods. Following Italy, major export destinations included Serbia and Greece. On the import side, Italy also led as the top partner with $2.0B in goods, followed by China and Türkiye.
Top Traded Goods
An analysis of Albania's trade by product reveals a focus on specific sectors. The most prominent export category, beyond unspecified commodities, was Footwear (HS2 64), which accounted for $450.1M of the export value. Other significant exports included non-knitted and knitted apparel. In terms of imports, Vehicles (HS2 87) were the most substantial category, with an import value of $940.6M. This was followed by mineral fuels and machinery as other major imported product groups.
Exports
Albania - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Albania - export composition by product categories (Exports), 2024 (USD)
Albania - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Albania - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.