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Pricing

2022
Flag → Flag
Exports $426kRnk 72 / 129
2022
Flag → Flag
Top Product $78.1kMachinery Having Individual Functions
2022
Flag → Flag
Exports $70.6kRnk 175 / 205
2022
Flag → Flag
Top Product $57.7kBase Metal Watches
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Albania-Philippines Trade: In 2022, Albania exported $426k to Philippines. The main products that Albania exported to Philippines were Machinery Having Individual Functions ($78.1k), Printed Circuit Boards ($48.9k), and Office Machine Parts ($48.7k). Over the past 5 years the exports of Albania to Philippines have decreased at an annualized rate of 10.7%, from $752k in 2017 to $426k in 2022.

In 2017, Albania exported services to Philippines worth $226k, with Travel ($226k) being the largest in terms of value.

Philippines-Albania Trade: In 2022, Philippines exported $70.6k to Albania. The main products that Philippines exported to Albania were Base Metal Watches ($57.7k), Broadcasting Equipment ($8.4k), and Microphones and Headphones ($2.92k). Over the past 5 years the exports of Philippines to Albania have decreased at an annualized rate of 0.79%,  from $73.5k in 2017 to $70.6k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Latest Data

Trade between Albania (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Albania
Top DestinationItaly$1.75B
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Albania than Philippines included Italy ($1.75B), Greece ($421M), and North Macedonia ($101M).

In 2022, countries that imported more from Philippines than Albania included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Potential Exports

Potential Exports

Depth
View
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Top Product Potential Albania Philippines+$3.58kRefined Petroleum
Top Product Potential Philippines Albania+$3.18kInsulated Wire

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

Product Space of Albania (Flag) and Philippines (Flag) (NaN)

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