Albania / Germany

Albania-Germany Trade: In 2022, Albania exported $212M to Germany. The main products that Albania exported to Germany were Non-Knit Men's Suits ($42.9M), Leather Footwear ($24.1M), and Ferroalloys ($18.1M). Over the past 5 years the exports of Albania to Germany have increased at an annualized rate of 12.6%, from $117M in 2017 to $212M in 2022.

In 2017, Albania exported services to Germany worth $265M, with Other business services ($108M), Travel ($78.4M), and Transportation ($48.8M) being the largest in terms of value.

Germany-Albania Trade: In 2022, Germany exported $341M to Albania. The main products that Germany exported to Albania were Cars ($67.1M), Packaged Medicaments ($17M), and Insulated Wire ($11.3M). Over the past 5 years the exports of Germany to Albania have decreased at an annualized rate of 0.91%,  from $357M in 2017 to $341M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).