Albania / Luxembourg

Albania-Luxembourg Trade: In 2022, Albania exported $1.1M to Luxembourg. The main products that Albania exported to Luxembourg were Flavored Water ($339k), Leather Footwear ($122k), and Other Furniture ($119k). Over the past 5 years the exports of Albania to Luxembourg have decreased at an annualized rate of 13.7%, from $2.28M in 2017 to $1.1M in 2022.

In 2017, Albania exported services to Luxembourg worth $3.73M, with Travel ($3.28M), Other business services ($339k), and Personal, cultural, and recreational services ($113k) being the largest in terms of value.

Luxembourg-Albania Trade: In 2022, Luxembourg exported $514k to Albania. The main products that Luxembourg exported to Albania were Non-woven Textiles ($259k), Rubber Tires ($114k), and Other Coloring Matter ($36.1k). Over the past 5 years the exports of Luxembourg to Albania have increased at an annualized rate of 45.6%,  from $25.4k in 2017 to $514k in 2022.

In 2022, Luxembourg 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, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.