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Albania

Albania ranked No. 165 in total trade value through October with a total of $105.34 million. Exports totaled $48.98 million and Imports totaled $56.36 million, a deficit of $7.38 million.

January – October 2018

Top Trading Ports

Total Trade: $105.34 million

RankPortTotal YTD
1Port of Virginia $21,575,063
2Port of New York $14,429,300
3Port of Newark $13,251,817
4Chicago O’Hare International Airport $7,095,242
5Port of Baltimore, Md. $5,887,931
6Port of Savannah, Ga. $5,538,845
7Port of Seattle, Wash. $4,431,364
8Port of Wilmington, Dela. $4,111,926
9Port of Houston $3,850,802
10John F. Kennedy International Airport $3,544,542

U.S. trade with Albania rose to $105.34 million through October

Albania’s trade with the United States rose to $105.34 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 31.11 percent above its total trade during the same time period last year. Albania’s exports increased 4.88 percent while imports rose 67.51 percent. The U.S. deficit with Albania was $7.38 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Virginia; No. 2 Port of New York; No. 3 Port of Newark; No. 4 Chicago O’Hare International Airport; and No. 5 Port of Baltimore, Md.. During the same period the previous year, the top five were No. 1 Port of New York No. 2 Port of Newark No. 3 Port of Baltimore, Md. No. 4 Port of Houston and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 59.08 percent of Albania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Virginia rose 371.41 percent to $21.58 million.
    Exports rose 69.32 percent to $4.45 million. Imports rose 778.85 percent to $17.13 million.
  • Trade with No. 2 Port of New York rose 8.29 percent to $14.43 million.
    Exports rose 10.29 percent to $14.36 million. Imports fell 77.33 percent to $68,818.
  • Trade with No. 3 Port of Newark rose 23.05 percent to $13.25 million.
    Exports rose 120.67 percent to $1.49 million. Imports rose 16.53 percent to $11.76 million.
  • Trade with No. 4 Chicago O’Hare International Airport rose 101.6 percent to $7.1 million.
    Exports rose 6.92 percent to $3.69 million. Imports rose 5203.8 percent to $3.4 million.
  • Trade with No. 5 Port of Baltimore, Md. fell 38.02 percent to $5.89 million.
    Exports fell 79.58 percent to $72,550. Imports fell 36.41 percent to $5.82 million.

Albania ranked No. 165 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 170.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Albania by value through October were the categories of Motor vehicles for transporting people; Poultry, fresh, chilled or frozen; Cell phones, related equipment; Motor vehicle parts; and Cranes, derricks, industrial-use vehicles, respectively. They accounted for 58.03 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; Essential oil resins; and Men’s or boys’ shirts, not knitted or crocheted –– accounted for 80.11 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 21.33 percent compared to last year to $12.6 million.
  • Poultry, fresh, chilled or frozen rose 23.28 percent compared to last year to $5.97 million.
  • Cell phones, related equipment rose 404.07 percent compared to last year to $4.01 million.
  • Motor vehicle parts rose 164.3 percent compared to last year to $3.15 million.
  • Cranes, derricks, industrial-use vehicles rose 16.67 percent compared to last year to $2.7 million.

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

  • Ferroalloys 7202 rose 134.01 percent compared to last year to $25.58 million.
  • Plants for pharmacy, perfume, insecticides rose 34.19 percent compared to last year to $8.28 million.
  • Leather shoes fell 5.44 percent compared to last year to $5.07 million.
  • Essential oil resins rose 202.13 percent compared to last year to $4.96 million.
  • Men’s or boys’ shirts, not knitted or crocheted fell 9.21 percent compared to last year to $1.26 million.

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.