2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC 
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

Albania-Angola Trade: In 2022, Albania exported $237k to Angola. The main products that Albania exported to Angola were Wine ($135k), Delivery Trucks ($26.8k), and Baked Goods ($26.6k). Over the past 6 years the exports of Albania to Angola have increased at an annualized rate of 47%, from $23.5k in 2016 to $237k in 2022.

In 2022, Albania did not export any services to Angola.

Angola-Albania Trade: In 2022, Angola exported $65.3k to Albania. The main products that Angola exported to Albania were Molluscs ($65.3k). Over the past 6 years the exports of Angola to Albania have increased at an annualized rate of 10.5%,  from $39.7k in 2016 to $65.3k in 2022.

In 2022, Angola did not export any services to Albania.

Comparison: In 2022,  Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $237k to Angola. The main products exported from Albania to Angola were Wine ($135k), Delivery Trucks ($26.8k), and Baked Goods ($26.6k). During the last 6 years the exports of Albania to Angola have increased at an annualized rate of 47%, from $23.5k in 2016 to $237k in 2022.

In 2017, Angola exported $65.3k to Albania. The main products exported from Angola to Albania were Molluscs ($65.3k). During the last 5 years the exports of Angola to Albania have increased at an annualized rate of 10.5%, from $39.7k in 2022 to $65.3k in 2017.

Exports from Albania (Flag) to Angola (Flag) (2022)

Exports from Angola (Flag) to Albania (Flag) (2022)

Latest Data

Trade between Albania (Flag) and Angola (Flag)

Angola Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Angola
Top Destination
China$21.8B

This map shows whether countries import more from Albania or Angola. Each country is colored based on the difference in imports they receive from Albania and Angola or the difference in the growth in imports.

In 2022, countries that imported more from Albania than Angola included Greece ($421M), Italy ($1.75B), and Germany ($212M).

In 2022, countries that imported more from Angola than Albania included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

Difference in imports from Angola (Flag) and Albania (Flag) (2022)

Comparative Advantage Albania - Angola

Flow
Scale

This chart compares trade between Albania and Angola by product, considering products traded by both, Albania and Angola.

During 2022, Albania had a large net trade with Angola in the exports of Foodstuffs ($161k), Transportation ($26.8k), and Footwear and Headwear ($22.7k).

During 2017, Angola had a large net trade with Albania in the exports of Animal Products ($65.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Angola+$2.36kRefined Petroleum
Top Product Potential Angola Albania+$3.47kPetroleum Gas

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Albania and Angola. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Albania.

Product Space of Albania (Flag) and Angola (Flag) (2022)

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