Albania (ALB) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Albania-New Zealand Trade: In 2022, Albania exported $228k to New Zealand. The main products that Albania exported to New Zealand were Leather Footwear ($59.8k), Perfume Plants ($22.7k), and Non-Knit Men's Shirts ($18.4k). Over the past 5 years the exports of Albania to New Zealand have decreased at an annualized rate of 7.26%, from $332k in 2017 to $228k in 2022.

In 2017, Albania exported services to New Zealand worth $678k, with Travel ($565k) and Transportation ($113k) being the largest in terms of value.

New Zealand-Albania Trade: In 2022, New Zealand exported $166k to Albania. The main products that New Zealand exported to Albania were Molluscs ($162k), Transmissions ($3.12k), and Honey ($951). Over the past 5 years the exports of New Zealand to Albania have increased at an annualized rate of 2.03%, from $150k in 2017 to $166k in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Albania exported $228k to New Zealand. The main products exported from Albania to New Zealand were Leather Footwear ($59.8k), Perfume Plants ($22.7k), and Non-Knit Men's Shirts ($18.4k). During the last 5 years the exports of Albania to New Zealand have decreased at an annualized rate of 7.26%, from $332k in 2017 to $228k in 2022.

In 2017, New Zealand exported $166k to Albania. The main products exported from New Zealand to Albania were Molluscs ($162k), Transmissions ($3.12k), and Honey ($951). During the last 5 years the exports of New Zealand to Albania have increased at an annualized rate of 2.03%, from $150k in 2022 to $166k in 2017.

Exports from Albania () to New Zealand () (2022)

Exports from New Zealand () to Albania () (2022)

Latest Data

Trade between Albania () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

New Zealand
Top DestinationChina$13.1B

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

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

In 2022, countries that imported more from New Zealand than Albania included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Albania () (2022)

Comparative Advantage Albania - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Albania had a large net trade with New Zealand in the exports of Textiles ($102k), Footwear and Headwear ($70.6k), and Vegetable Products ($23.7k).

During 2017, New Zealand had a large net trade with Albania in the exports of Animal Products ($163k) and Machines ($3.12k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania New Zealand+$143kLeather Footwear

Top Product Potential New Zealand Albania+$78.8kMolluscs

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

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to New Zealand () (2022)

Exports from New Zealand () to Albania () (2022)

Latest Data

Trade between Albania () and New Zealand ()

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Albania () (2022)

Comparative Advantage Albania - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and New Zealand () (2022)

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