2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 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
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Albania-Kazakhstan Trade: In 2022, Albania exported $405k to Kazakhstan. The main products that Albania exported to Kazakhstan were Non-Knit Women's Suits ($82.3k), Leather Footwear ($57.3k), and Felt or Coated Fabric Garments ($47.8k). Over the past 5 years the exports of Albania to Kazakhstan have decreased at an annualized rate of 5.48%, from $537k in 2017 to $405k in 2022.

In 2022, Albania did not export any services to Kazakhstan.

Kazakhstan-Albania Trade: In 2022, Kazakhstan exported $7.31M to Albania. The main products that Kazakhstan exported to Albania were Petroleum Gas ($7.31M), Beauty Products ($1.71k), and Pesticides ($1.3k). Over the past 5 years the exports of Kazakhstan to Albania have increased at an annualized rate of 27.3%,  from $2.19M in 2017 to $7.31M in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $405k to Kazakhstan. The main products exported from Albania to Kazakhstan were Non-Knit Women's Suits ($82.3k), Leather Footwear ($57.3k), and Felt or Coated Fabric Garments ($47.8k). During the last 5 years the exports of Albania to Kazakhstan have decreased at an annualized rate of 5.48%, from $537k in 2017 to $405k in 2022.

In 2017, Kazakhstan exported $7.31M to Albania. The main products exported from Kazakhstan to Albania were Petroleum Gas ($7.31M), Beauty Products ($1.71k), and Pesticides ($1.3k). During the last 5 years the exports of Kazakhstan to Albania have increased at an annualized rate of 27.3%, from $2.19M in 2022 to $7.31M in 2017.

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

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

Latest Data

Trade between Albania (Flag) and Kazakhstan (Flag)

Kazakhstan Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Kazakhstan
Top Destination
China$13.4B

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

In 2022, countries that imported more from Albania than Kazakhstan included North Macedonia ($101M), Serbia ($89.3M), and Montenegro ($80.8M).

In 2022, countries that imported more from Kazakhstan than Albania included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

Comparative Advantage Albania - Kazakhstan

Flow
Scale

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

During 2022, Albania had a large net trade with Kazakhstan in the exports of Textiles ($304k), Footwear and Headwear ($82.5k), and Paper Goods ($14.2k).

During 2017, Kazakhstan had a large net trade with Albania in the exports of Mineral Products ($7.31M) and Chemical Products ($3.01k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Kazakhstan+$255kNon-Knit Women's Suits
Top Product Potential Kazakhstan Albania+$62.8kPetroleum Gas

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 Kazakhstan. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Albania.

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

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