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2021
Flag → Flag
Exports $1.56MRnk 62 / 0
2021
Flag → Flag
Exports $3.64MRnk 20 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Albania-Iran Trade: In 2021, Albania exported $1.56M to Iran. The main products that Albania exported to Iran were N/A. Over the past 9 years the exports of Albania to Iran have increased at an annualized rate of 49.8%, from $41k in 2012 to $1.56M in 2021.

In 2021, Albania did not export any services to Iran.

Iran-Albania Trade: In 2021, Iran exported $3.64M to Albania. The main products that Iran exported to Albania were N/A. Over the past 9 years the exports of Iran to Albania have increased at an annualized rate of 25.9%,  from $1.15M in 2012 to $3.64M in 2021.

In 2021, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Albania exported $1.56M to Iran. There were not main exports from Albania to Iran in 2021. During the last 9 years the exports of Albania to Iran have increased at an annualized rate of 49.8%, from $41k in 2012 to $1.56M in 2021.

In 2016, Iran exported $3.64M to Albania. There were not main exports from Iran to Albania in 2016. During the last 5 years the exports of Iran to Albania have increased at an annualized rate of 25.9%, from $1.15M in 2021 to $3.64M in 2016.

Exports from Albania (Flag) to Iran (Flag) (2021)

Exports from Iran (Flag) to Albania (Flag) (2021)

Latest Data

Trade between Albania (Flag) and Iran (Flag)

Albania Exports

Date

Market Competitiveness

Color
Albania
Top DestinationItaly$1.75B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Albania than Iran included Italy ($1.75B), Greece ($421M), and Spain ($309M).

In 2022, countries that imported more from Iran than Albania included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Albania - Iran

Flow
Scale

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

During 2021, Albania had a large net trade with Iran in the exports of .

During 2016, Iran had a large net trade with Albania in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Iran+$2.75kMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Iran Albania+$2.49kRefined 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 Iran. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Albania.

Product Space of Albania (Flag) and Iran (Flag) (2021)

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