Albania (ALB) and Belarus (BLR) Trade | The Observatory of Economic Complexity

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Albania-Belarus Trade: In 2023, Albania exported $669k to Belarus. The main products that Albania exported to Belarus were Citrus ($669k). Over the past 6 years the exports of Albania to Belarus have decreased at an annualized rate of 12%, from $1.44M in 2017 to $669k in 2023.

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

Belarus-Albania Trade: In 2023, Belarus exported $126k to Albania. The main products that Belarus exported to Albania were Potatoes ($98.7k) and Other Furniture ($27.1k). Over the past 6 years the exports of Belarus to Albania have increased at an annualized rate of 5.98%, from $94.1k in 2017 to $126k in 2023.

In 2014, Belarus exported services to Albania worth $4.03M, with Government services, n.i.e. ($2.01M) and Insurance services ($2.01M) being the largest in terms of value.

Comparison: In 2023, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B). That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Albania exported $669k to Belarus. The main products exported from Albania to Belarus were Citrus ($669k). During the last 6 years the exports of Albania to Belarus have decreased at an annualized rate of 12%, from $1.44M in 2017 to $669k in 2023.

In 2018, Belarus exported $126k to Albania. The main products exported from Belarus to Albania were Potatoes ($98.7k) and Other Furniture ($27.1k). During the last 5 years the exports of Belarus to Albania have increased at an annualized rate of 5.98%, from $94.1k in 2023 to $126k in 2018.

Exports from Albania () to Belarus () (2023)

Exports from Belarus () to Albania () (2023)

Latest Data

Trade between Albania () and Belarus ()

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.72B

Belarus
Top DestinationChina$2.6B

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

In 2023, countries that imported more from Albania than Belarus included Italy ($1.72B), Greece ($409M), and Spain ($207M).

In 2023, countries that imported more from Belarus than Albania included China ($2.6B), Kazakhstan ($757M), and Uzbekistan ($509M).

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

Comparative Advantage Albania - Belarus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Albania had a large net trade with Belarus in the exports of Vegetable Products ($669k).

During 2018, Belarus had a large net trade with Albania in the exports of Vegetable Products ($98.7k) and Miscellaneous ($27.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Belarus+$2.15kCrude Petroleum

Top Product Potential Belarus Albania+$2.03kRaw Iron Bars

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 Belarus. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Belarus. Similarly, a dot/product with the flag of Belarus indicates it has a comparative advantage over Albania.

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Historical Data

Bilateral Trade by Products

Exports from Albania () to Belarus () (2023)

Exports from Belarus () to Albania () (2023)

Latest Data

Trade between Albania () and Belarus ()

Belarus Exports

Market Competitiveness

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

Comparative Advantage Albania - Belarus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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