2022
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GDP
$18.9BCURRENT US$
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2012-2022
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GDP GROWTH
53.3%CURRENT US$
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2022
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 GDP
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%CURRENT US$
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2022
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GDP PC 
$6,803CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
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2022
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GDP PC
$20,732CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
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About

Albania-Greece In 2022, Albania exported $421M to Greece. The main products that Albania exported to Greece are Electricity ($263M), Other Processed Vegetables ($14.2M), and Knit Women's Suits ($7.87M). During the last 27 years the exports of Albania to Greece have increased at an annualized rate of 9.41%, from $37.1M in 1995 to $421M in 2022.

In 2017, Albania exported services to Greece worth $420M, with Travel ($392M), Transportation ($10.5M), and Communications services ($7.57M) being the largest in terms of value.

Greece-Albania In 2022, Greece exported $807M to Albania. The main products that Greece exported to Albania were Electricity ($213M), Refined Petroleum ($55.7M), and Other Processed Vegetables ($23.1M). During the last 27 years the exports of Greece to Albania have increased at an annualized rate of 4.28%, from $260M in 1995 to $807M in 2022.

In 2003, Greece exported services to Albania worth $193M, with Travel ($162M), Communications services ($19.5M), and Transportation ($4.9M) being the largest in terms of value.

Comparison In 2022,  Albania ranked 72 in the Economic Complexity Index (ECI -0.23), and 131 in total exports ($4.3B). That same year, Greece ranked 47 in the Economic Complexity Index (ECI 0.32), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $421M to Greece. The main products exported from Albania to Greece were Electricity ($263M), Other Processed Vegetables ($14.2M), and Knit Women's Suits ($7.87M). During the last 27 years the exports of Albania to Greece have increased at an annualized rate of 9.41%, from $37.1M in 1995 to $421M in 2022.

In 2022, Greece exported $807M to Albania. The main products exported from Greece to Albania were Electricity ($213M), Refined Petroleum ($55.7M), and Other Processed Vegetables ($23.1M). During the last 27 years the exports of Greece to Albania have increased at an annualized rate of 4.28%, from $260M in 1995 to $807M in 2022.

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

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

Latest Data

Trade between Albania (Flag) and Greece (Flag)

Albania Exports

Greece Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Greece
Top Destination
Italy$5.82B

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

In 2021, countries that imported more from Albania than Greece were Sao Tome and Principe ($21.5k).

In 2021, countries that imported more from Greece than Albania were Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Comparative Advantage Albania - Greece

Flow
Scale

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

During 2022, Albania had a large net trade with Greece in the exports of Mineral Products ($270M), Metals ($48M), and Textiles ($43.6M).

During 2022, Greece had a large net trade with Albania in the exports of Mineral Products ($277M), Foodstuffs ($100M), and Metals ($85.3M).

Service Trade

Bilateral Service Trade

Grc Year

In 2017, Albania exported services to Greece worth $420M, with Travel ($392M), Transportation ($10.5M), and Communications services ($7.57M) being the largest in terms of value.

In 2003, Greece exported services to Albania worth $193M, with Travel ($162M), Communications services ($19.5M), and Transportation ($4.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Albania (Flag) to Greece (Flag) (2017)

Services Exports from Greece (Flag) to Albania (Flag) (2003)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Albania has comparative advantage over Greece. Similarly, the more yellow a dot/product is, the more Greece has comparative advantage over Albania.

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

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