Indonesia recorded US$14,093,000 in exports to Albania as of December 2022. This figure represents a 79.1% increase compared to the previous year's exports, which totaled US$7.87 million.
Indonesia's trade record with Albania shows an upward trend in exports over the past 10 years. 2022 marked a historic high with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to Albania, 37 products were worth more than one billion dollars. Most of the exported products (28) are also exported to many other countries.
The following is a list of the top five products exported by Indonesia to Albania, ordered from highest to lowest transaction value.
1. Animal, vegetable or microbial fats and oils and their cleavage products
Falling under HS code 15, Animal, vegetable or microbial fats and oils and their cleavage products are grouped with Prepared edible fats. This product group ranked first in exports to Albania, with Indonesia exporting US$5,348,000. Exports of Animal, vegetable or microbial fats and oils and their cleavage products; Prepared edible fats; increased compared to the previous period, which recorded US$3,897,000.
2. Aluminum and articles thereof
Indonesia's second-largest export to Albania was Aluminum and articles thereof, with a value of US$2,495,000 in 2022. This figure is up from US$2,000 in the previous period.
3. Paper and Paperboard
Exports of Paper and Paperboard to Albania ranked 89th. In 2022, Indonesia recorded exports of US$2,354,000. Five other countries that are major sources of Paper and Paperboard exports are China, Japan, the United States, Malaysia, and Vietnam.
4. Preparations of meat, fish, crustaceans, mollusks, or other aquatic invertebrates, or...
For this product, Indonesia also exported US$1,537,000 worth of Preparations of meat, fish, crustaceans, mollusks, or other aquatic invertebrates, or... to Albania. This export value is lower than the previous period, which reached US$1,693,000. Exports of Preparations of meat, fish, crustaceans, mollusks, or other aquatic invertebrates, or... to Albania ranked 44th. Besides Albania, the largest exports of Preparations of meat, fish, crustaceans, mollusks, or other aquatic invertebrates, or... were to the United States, Japan, Saudi Arabia, Thailand, and the United Kingdom. Indonesia also exported this product to 92 countries.
5. Fish and crustaceans, mollusks and other aquatic invertebrates
Indonesia exported this product to 111 countries. Exports of Fish and crustaceans, mollusks and other aquatic invertebrates to Albania ranked 40th. In 2022, Indonesia recorded exports valued at US$1,151,000. Besides Albania, the largest exports of Fish and crustaceans, mollusks and other aquatic invertebrates were to the United States, China, Japan, Vietnam, and Malaysia.