Albania (ALB) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Albania-Angola Trade: In 2023, Albania exported $497k to Angola. The main products that Albania exported to Angola were Wine ($258k), Other Edible Preparations ($187k), and Leather Footwear ($23.8k). Over the past 5 years the exports of Albania to Angola have increased at an annualized rate of 54.9%, from $55.7k in 2018 to $497k in 2023.

In 2023, Albania did not export any services to Angola.

Angola-Albania Trade: In 2023, Angola exported $65.3k to Albania. The main products that Angola exported to Albania were N/A. Over the past 5 years the exports of Angola to Albania have increased at an annualized rate of 10.5%, from $39.7k in 2018 to $65.3k in 2023.

In 2023, Angola did not export any services to Albania.

Comparison: In 2023, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B). That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Albania exported $497k to Angola. The main products exported from Albania to Angola were Wine ($258k), Other Edible Preparations ($187k), and Leather Footwear ($23.8k). During the last 5 years the exports of Albania to Angola have increased at an annualized rate of 54.9%, from $55.7k in 2018 to $497k in 2023.

In 2017, Angola exported $65.3k to Albania. There were not main exports from Angola to Albania in 2017. 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 () to Angola () (2023)

Exports from Angola () to Albania () (2023)

Latest Data

Trade between Albania () and Angola ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.72B

Angola
Top DestinationChina$17.1B

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 2023, countries that imported more from Albania than Angola included Italy ($1.72B), Greece ($409M), and Serbia ($188M).

In 2023, countries that imported more from Angola than Albania included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

Difference in imports from Angola () and Albania () (2023)

Comparative Advantage Albania - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Albania had a large net trade with Angola in the exports of Foodstuffs ($445k), Footwear and Headwear ($23.8k), and Textiles ($16.2k).

During 2017, Angola had a large net trade with Albania in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Angola () (2023)

Exports from Angola () to Albania () (2023)

Latest Data

Trade between Albania () and Angola ()

Angola Exports

Market Competitiveness

Difference in imports from Angola () and Albania () (2023)

Comparative Advantage Albania - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Angola () (2023)

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