2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 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
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186

About

Albania-Spain Trade: In 2022, Albania exported $126M to Spain. The main products that Albania exported to Spain were Crude Petroleum ($269M), Ferroalloys ($6.94M), and Fish: dried, salted, smoked or in brine ($5.65M). Over the past 5 years the exports of Albania to Spain have increased at an annualized rate of 207%, from $463k in 2017 to $126M in 2022.

In 2017, Albania exported services to Spain worth $9.83M, with Travel ($5.65M), Transportation ($2.49M), and Other business services ($1.02M) being the largest in terms of value.

Spain-Albania Trade: In 2022, Spain exported $104M to Albania. The main products that Spain exported to Albania were Unglazed Ceramics ($31.9M), Refined Petroleum ($18.8M), and Non-Knit Women's Suits ($3.42M). Over the past 5 years the exports of Spain to Albania have increased at an annualized rate of 139%,  from $1.33M in 2017 to $104M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $126M to Spain. The main products exported from Albania to Spain were Crude Petroleum ($269M), Ferroalloys ($6.94M), and Fish: dried, salted, smoked or in brine ($5.65M). During the last 5 years the exports of Albania to Spain have increased at an annualized rate of 207%, from $463k in 2017 to $126M in 2022.

In 2017, Spain exported $104M to Albania. The main products exported from Spain to Albania were Unglazed Ceramics ($31.9M), Refined Petroleum ($18.8M), and Non-Knit Women's Suits ($3.42M). During the last 22 years the exports of Spain to Albania have increased at an annualized rate of 139%, from $1.33M in 1995 to $104M in 2017.

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

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

Latest Data

Trade between Albania (Flag) and Spain (Flag)

Albania Exports

Spain Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Spain
Top Destination
France$65.2B

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

In 2022, countries that imported more from Albania than Spain included Montenegro ($80.8M).

In 2022, countries that imported more from Spain than Albania included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Albania - Spain

Flow
Scale

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

During 2022, Albania had a large net trade with Spain in the exports of Mineral Products ($270M), Metals ($8.77M), and Textiles ($8.63M).

During 2017, Spain had a large net trade with Albania in the exports of Stone And Glass ($35.8M), Mineral Products ($20.3M), and Textiles ($11M).

Economic Complexity

Competitive Landscape

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

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

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