2023
Flag  
GDP
$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH
84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
 GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC 
$8,575CURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP PC GROWTH
94.3%CURRENT US$
Rnk 10 / 195
2023
Flag
GDP PC
$5,565CURRENT US$
Rnk 118 / 196
2013-2023
Flag
GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195

About

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 2023,  Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B). That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

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 (Flag) to Iraq (Flag) (2019)

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

Latest Data

Trade between Albania (Flag) and Iraq (Flag)

Albania Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.72B
Iraq
Top Destination
China$35.5B

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 2023, countries that imported more from Albania than Iraq included North Macedonia ($134M), Montenegro ($82.3M), and Switzerland ($80.1M).

In 2023, countries that imported more from Iraq than Albania included China ($35.5B), India ($29.8B), and United States ($8.92B).

Difference in imports from Iraq (Flag) and Albania (Flag) (2023)

Comparative Advantage Albania - Iraq

Flow
Scale

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

Potential Exports

Depth
View
Sort By
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

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.

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

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