Albania Importer-Exporter-Directory-Customs-Shipment-Global-Trade-Intelligence-Data

ALBANIA IMPORTER EXPORTER DIRECTORY

Import Export Market overview :- The Economy of Albania has undergone a transition from its Communist past into an open-market economy since the early 1990s. The country is rich in natural resources, and the economy is mainly bolstered by agriculture, food processing, lumber, oil, cement, chemicals, mining, basic metals, hydro power, tourism, textile industry, and petroleum extraction. As of 2014, exports seem to gain momentum and have increased 300% from 2008, although their contribution to the gross domestic product is still moderate. Albania has the second largest oil deposits in the Balkans and the largest onshore oil reserves in Europe.

CAPITAL OF ALBANIA

TIRANA

ALBANIA CURRENCY

Lek (ALL)

FISCAL YEAR OF ALBANIA

Calendar Year

TRADE ORGANISATIONS

WTO, BSEC

ALBANIA WORLD WIDE RANK IN MERCHANDISE EXPORT IMPORT AS PER 2015

EXPORT : 135

IMPORT : 127

SHARE IN WORLD TOTAL EXPORT (2015)

0.01 

SHARE IN WORLD TOTAL IMPORT (2015)

0.03 

 

ALBANIA LANGUAGES :

Albanian 98.8% (official - derived from Tosk dialect), Greek 0.5%, other 0.6% (including Macedonian, Roma, Vlach, Turkish, Italian, and Serbo-Croatian), unspecified 0.1% (2011).

 

RELIGION IN ALBANIA :

Muslim 56.7%, Roman Catholic 10%, Orthodox 6.8%, atheist 2.5%, Bektashi (a Sufi order) 2.1%, other 5.7%, unspecified 16.2%.

Note : All mosques and churches were closed in 1967 and religious observances prohibited; in November 1990, Albania began allowing private religious practice (2011).

 

LITERACY OF ALBANIA :

Total Population: 97.6%

Male: 98.4%

Female: 96.9% (2015)

 

OFFICIAL COUNTRY LONG NAME :

Republic of Albania

 

FLAG DESCRIPTION OF ALBANIA :

Red with a black two-headed eagle in the center; the design is claimed to be that of 15th-century hero George Kastrioti SKANDERBEG, who led a successful uprising against the Ottoman Turks that resulted in a short-lived independence for some Albanian regions (1443-78); an unsubstantiated explanation for the eagle symbol is the tradition that Albanians see themselves as descendants of the eagle; they refer to themselves as "Shqiptare," which translates as "sons of the eagle".

 

NATURAL RESOURCES :

Petroleum, natural gas, coal, bauxite, chromite, copper, iron ore, nickel, salt, timber, hydropower, arable land.

 

COMMODITY WISE EXPORT IMPORT OF ALBANIA (YEAR 2015) :

Commodity

Export

Import

Agricultural Products

  10.0

 18.8

Fuels And Mining Products

  26.5

 11.5 

Manufactures

  52.7

 58.6 

Other

  10.8

 11.1

 

TOP SUPPLYING COUNTRIES AND BUYING COUNTRIES OF ALBANIA :

Albania Export

Total Share %

Albania Import

Total Share %

European Union (28)

  75.3

European Union (28)

  61.7

Serbia

  9.9

China

  8.6

Turkey

  2.9

Turkey

  8.0

China

  2.7

Serbia

  4.8

Other

  9.3

Other

  16.9

 

INDUSTRIES:

Food and tobacco products; textiles and clothing; lumber, oil, cement, chemicals, mining, basic metals, hydropower.

 

TOP INDUSTRIAL – MERCHANDISE (NON AGRICULTURE)  EXPORTED PRODUCTS OF ALBANIA :

HS Code

Product_Commodity

Total Share In Export

6403

Footwear, Uppers Of Leather

11%

6406

Parts Of Footwear

10%

2709

Petroleum Oils, Crude

7%

6203

Men's Or Boys' Suits

7%

2610

Chromium Ores And Concentrates

5%

 

TOP INDUSTRIAL – MERCHANDISE (NON AGRICULTURE)  IMPORTED PRODUCTS OF ALBANIA  :

HS Code

Product_Commodity

Total Share In Import

2710

Petroleum Oils, Other Than Crude

9%

8703

Motor Cars For Transport Of Persons

5%

3004

Medicaments In Measured Doses

4%

2716

Electrical Energy

3%

4107

Bovine Or Equine-Animals' Leather

3%

  

AGRICULTURE PRODUCTS :

Wheat, corn, potatoes, vegetables, fruits, sugar beets, grapes; meat, dairy products; sheep.

 

TOP EXPORTED AGRICULTURE PRODUCTS OF ALBANIA :

HS Code

Product_Commodity

Total Share In Export %

1211

Plants And Parts Of Plants

0.27 

0702

Tomatoes, Fresh Or Chilled

0.21 

2005

Other Vegetables Not Frozen

0.06 

1905

Bread, Pastry,  Other Bakers' Wares

0.06 

4101

Raw Hides And Skins Of Bovine

0.05 

 

TOP IMPORTED AGRICULTURE PRODUCTS OF ALBANIA :

HS Code

Product_Commodity

Total Share In Import %

1001

Wheat And Meslin

0.09 

2202

Waters Containing Added Sugar

0.06 

1905

Bread, Pastry,  Other Bakers' Wares

0.06 

0207

Meat And Edible Offal Of Poultry

0.05 

0901

Coffee

0.05 

 

EXCHANGE RATE HISTORY :

Leke (ALL) Per US Dollar :

127.4 (2016)
125.96 (2015)
125.96 (2014)
105.48 (2013)
108.19 (2012)

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