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Albania

Albania ranked No. 157 in total trade value through August with a total of $104.16 million. Exports totaled $63.6 million and Imports totaled $40.57 million, a surplus of $23.03 million.

January – August 2019

Top Trading Ports

Total Trade: $104.16 million

RankPortTotal YTD
1Port of Savannah, Ga. $21,407,787
2Port of New York $13,304,155
3Port of Newark $13,064,416
4Port of Houston $9,347,691
5Port of Virginia $6,662,484
6Port of New Orleans $6,058,084
7Port of Baltimore, Md. $5,382,065
8Los Angeles International Airport $4,803,969
9Port of Seattle, Wash. $4,672,284
10Chicago O’Hare International Airport $2,939,070

U.S. trade with Albania rose to $104.16 million through August

Albania’s trade with the United States rose to $104.16 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 21.08 percent above its total trade during the same time period last year. U.S. exports to Albania increased 51.33 percent while U.S. imports from Albania fell 7.81 percent. The U.S. surplus with Albania was $23.03 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Savannah, Ga.; No. 2 Port of New York; No. 3 Port of Newark; No. 4 Port of Houston; and No. 5 Port of Virginia. During the same period the previous year, the top five were No. 1 Port of Virginia No. 2 Port of New York No. 3 Port of Newark No. 4 Port of Savannah, Ga. and No. 5 Port of Baltimore, Md.. In the current time period, the top five accounted for 61.24 percent of Albania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Savannah, Ga. rose 315.32 percent to $21.41 million.
    Exports rose 387.52 percent to $20.96 million. Imports fell 48.08 percent to $443,614.
  • Trade with No. 2 Port of New York rose 11.14 percent to $13.3 million.
    Exports rose 11.37 percent to $13.26 million. Imports fell 29.98 percent to $46,746.
  • Trade with No. 3 Port of Newark rose 25.71 percent to $13.06 million.
    Exports rose 38.78 percent to $1.68 million. Imports rose 23.98 percent to $11.38 million.
  • Trade with No. 4 Port of Houston rose 177.33 percent to $9.35 million.
    Exports rose 243.04 percent to $8.62 million. Imports fell 15.35 percent to $725,537.
  • Trade with No. 5 Port of Virginia fell 64.61 percent to $6.66 million.
    Exports fell 13.79 percent to $3.43 million. Imports fell 78.25 percent to $3.23 million.

Albania ranked No. 157 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 162.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Albania by value through August were the categories of Navigational equipment; Motor vehicles for transporting people; Chicken and other poultry; Petroleum products; and Motor vehicle parts, respectively. They accounted for 63.62 percent of total exports to Albania.

The value of the top five categories of U.S. imports from Albania –– Ferroalloys 7202; Plants for pharmacy, perfume, insecticides; Essential oil resins; Leather shoes; and Men’s or boys’ shirts, not knitted or crocheted –– accounted for 76.71 percent of all inbound shipments.

Looking more closely at U.S. exports to Albania:

  • Navigational equipment rose 14224 percent compared to last year to $16.49 million.
  • Motor vehicles for transporting people rose 9.31 percent compared to last year to $11.28 million.
  • Chicken and other poultry rose 21.26 percent compared to last year to $5.95 million.
  • Petroleum products rose 181.49 percent compared to last year to $3.99 million.
  • Motor vehicle parts rose 1.22 percent compared to last year to $2.75 million.

Looking more closely at U.S. imports from Albania:

  • Ferroalloys 7202 fell 38.48 percent compared to last year to $13.22 million.
  • Plants for pharmacy, perfume, insecticides rose 42.02 percent compared to last year to $9.38 million.
  • Essential oil resins rose 138.96 percent compared to last year to $4.06 million.
  • Leather shoes fell 15.48 percent compared to last year to $3.54 million.
  • Men’s or boys’ shirts, not knitted or crocheted fell 17.68 percent compared to last year to $918,698.

In the latest annual figures available, Albania recorded $103.87 million in trade with the United States. At year’s end, its were New York City; Baltimore; Houston; Atlanta/Savannah; and Charleston. Total U.S. exports to Albania were $ 62.26 million and imports from Albania were $41.6 million. The U.S. surplus with Albania was $20.66 million.