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Albania

Albania ranked No. 166 in total trade value through February with a total of $18.84 million. Exports totaled $8.99 million and Imports totaled $9.85 million, a deficit of $855,548.

January – February 2019

Top Trading Ports

Total Trade: $18.84 million

RankPortTotal YTD
1Port of Newark $2,664,470
2Port of Virginia $2,529,821
3Port of New York $1,942,972
4Port of Seattle, Wash. $1,571,164
5Port of Baltimore, Md. $1,286,903
6Los Angeles International Airport $1,224,060
7Port of Savannah, Ga. $1,184,545
8Chicago O’Hare International Airport $1,180,289
9Port of Houston $974,363
10Port of Charleston $749,090

U.S. trade with Albania rose to $18.84 million through February

Albania’s trade with the United States rose to $18.84 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 16.75 percent below its total trade during the same time period last year. Albania’s exports decreased 13.79 percent while imports fell 19.29 percent. The U.S. deficit with Albania was $855,548.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Virginia; No. 3 Port of New York; No. 4 Port of Seattle, Wash.; and No. 5 Port of Baltimore, Md.. During the same period the previous year, the top five were No. 1 Port of Virginia No. 2 Port of Wilmington, Dela. No. 3 Port of Newark No. 4 Port of New York and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 53.06 percent of Albania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 3.95 percent to $2.66 million.
    Exports fell 51.76 percent to $127,488. Imports rose 10.35 percent to $2.54 million.
  • Trade with No. 2 Port of Virginia fell 40.73 percent to $2.53 million.
    Exports rose 30.21 percent to $527,424. Imports fell 48.16 percent to $2 million.
  • Trade with No. 3 Port of New York rose 2.18 percent to $1.94 million.
    Exports rose 2.57 percent to $1.94 million. Imports fell 51.61 percent to $6,687.
  • Trade with No. 4 Port of Seattle, Wash. rose 96.93 percent to $1.57 million.
    There were no exports. Imports rose 96.93 percent to $1.57 million.
  • Trade with No. 5 Port of Baltimore, Md. fell 21.39 percent to $1.29 million.
    Exports rose 2197.58 percent to $747,654. Imports fell 66.39 percent to $539,249.

Albania ranked No. 166 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 158.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Albania by value through February were the categories of Poultry, fresh, chilled or frozen; Motor vehicles for transporting people; Cell phones, related equipment; Lamp and lighting parts; and Computers, respectively. They accounted for 54.46 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; Leather shoes; Original sculptures and statues; and Swimwear, track suits, skit suits, knit or crochet –– accounted for 75.73 percent of all inbound shipments.

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

  • Poultry, fresh, chilled or frozen rose 38.69 percent compared to last year to $1.41 million.
  • Motor vehicles for transporting people fell 26.67 percent compared to last year to $1.05 million.
  • Cell phones, related equipment rose 15.12 percent compared to last year to $1.01 million.
  • Lamp and lighting parts totaled $747,654. The previous year, there were no exports in this category.
  • Computers rose 294.73 percent compared to last year to $687,049.

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

  • Ferroalloys 7202 fell 51.85 percent compared to last year to $2.9 million.
  • Plants for pharmacy, perfume, insecticides rose 52.21 percent compared to last year to $2.33 million.
  • Leather shoes fell 4.78 percent compared to last year to $1.1 million.
  • Original sculptures and statues totaled $872,635. The previous year, there were no imports in this category.
  • Swimwear, track suits, skit suits, knit or crochet rose 13731 percent compared to last year to $259,048.

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.