Albania (ALB) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Albania-Iraq Trade: In 2019, Albania exported $824k to Iraq. The main products that Albania exported to Iraq were N/A. Over the past 6 years the exports of Albania to Iraq have increased at an annualized rate of 17.4%, from $315k in 2013 to $824k in 2019.

In 2019, Albania did not export any services to Iraq.

Iraq-Albania In N/A, Iraq did not export any products to Albania.

In 2019, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Albania exported $824k to Iraq. There were not main exports from Albania to Iraq in 2019. During the last 6 years the exports of Albania to Iraq have increased at an annualized rate of 17.4%, from $315k in 2013 to $824k in 2019.

Iraq does not register exports to Albania.

Exports from Albania () to Iraq () (2019)

Exports from Iraq () to Albania () (2019)

Latest Data

Trade between Albania () and Iraq ()

Albania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Albania than Iraq included North Macedonia ($101M), Montenegro ($80.8M), and Czechia ($78M).

In 2022, countries that imported more from Iraq than Albania included India ($38.8B), China ($34B), and United States ($10.3B).

Difference in imports from Iraq () and Albania () (2022)

Comparative Advantage Albania - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Albania had a large net trade with Iraq in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Iraq+$3.41kRefined Petroleum

Top Product Potential Iraq Albania+$4.95kRefined 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Albania () to Iraq () (2019)

Exports from Iraq () to Albania () (2019)

Latest Data

Trade between Albania () and Iraq ()

Albania Exports

Market Competitiveness

Difference in imports from Iraq () and Albania () (2022)

Comparative Advantage Albania - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Iraq () (2019)

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