2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$477BCURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP GROWTH
70.8%CURRENT US$
Rnk 29 / 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
$4,295CURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP PC GROWTH
40.4%CURRENT US$
Rnk 48 / 186

About

Albania-Egypt Trade: In 2022, Albania exported $3.41M to Egypt. The main products that Albania exported to Egypt were Refined Petroleum ($1.23M), Sulphur ($814k), and Combustion Engines ($545k). Over the past 5 years the exports of Albania to Egypt have decreased at an annualized rate of 12.8%, from $6.77M in 2017 to $3.41M in 2022.

In 2017, Albania exported services to Egypt worth $339k, with Travel ($226k) and Other business services ($113k) being the largest in terms of value.

Egypt-Albania Trade: In 2022, Egypt exported $45.9M to Albania. The main products that Egypt exported to Albania were Petroleum Gas ($17.4M), Refined Petroleum ($8.97M), and Dried Legumes ($4.74M). Over the past 5 years the exports of Egypt to Albania have increased at an annualized rate of 2.77%,  from $40M in 2017 to $45.9M in 2022.

In 2022, Egypt 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, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $3.41M to Egypt. The main products exported from Albania to Egypt were Refined Petroleum ($1.23M), Sulphur ($814k), and Combustion Engines ($545k). During the last 5 years the exports of Albania to Egypt have decreased at an annualized rate of 12.8%, from $6.77M in 2017 to $3.41M in 2022.

In 2017, Egypt exported $45.9M to Albania. The main products exported from Egypt to Albania were Petroleum Gas ($17.4M), Refined Petroleum ($8.97M), and Dried Legumes ($4.74M). During the last 5 years the exports of Egypt to Albania have increased at an annualized rate of 2.77%, from $40M in 2022 to $45.9M in 2017.

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

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

Latest Data

Trade between Albania (Flag) and Egypt (Flag)

Albania Exports

Egypt Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Egypt
Top Destination
Turkey$4.23B

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

In 2022, countries that imported more from Albania than Egypt included North Macedonia ($101M), Montenegro ($80.8M), and Serbia ($89.3M).

In 2022, countries that imported more from Egypt than Albania included Turkey ($4.23B), United States ($3.21B), and Spain ($3B).

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

Comparative Advantage Albania - Egypt

Flow
Scale

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

During 2022, Albania had a large net trade with Egypt in the exports of Mineral Products ($2.05M), Machines ($691k), and Vegetable Products ($227k).

During 2017, Egypt had a large net trade with Albania in the exports of Mineral Products ($27.3M), Vegetable Products ($5.17M), and Stone And Glass ($4.53M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Egypt+$2.03MRefined Petroleum
Top Product Potential Egypt Albania+$6.8MRefined Petroleum

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

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

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