Albania (ALB) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Albania-Philippines Trade: In 2023, Albania exported $90k to Philippines. The main products that Albania exported to Philippines were Integrated Circuits ($21.2k), Office Machine Parts ($9.53k), and Leather Footwear ($8.59k). Over the past 5 years the exports of Albania to Philippines have decreased at an annualized rate of 40.1%, from $1.17M in 2018 to $90k in 2023.

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

Philippines-Albania Trade: In 2023, Philippines exported $737k to Albania. The main products that Philippines exported to Albania were Shaving Products ($232k), Office Machine Parts ($209k), and Electrical Transformers ($151k). Over the past 5 years the exports of Philippines to Albania have increased at an annualized rate of 40.2%, from $136k in 2018 to $737k in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Albania exported $90k to Philippines. The main products exported from Albania to Philippines were Integrated Circuits ($21.2k), Office Machine Parts ($9.53k), and Leather Footwear ($8.59k). During the last 5 years the exports of Albania to Philippines have decreased at an annualized rate of 40.1%, from $1.17M in 2018 to $90k in 2023.

In 2018, Philippines exported $737k to Albania. The main products exported from Philippines to Albania were Shaving Products ($232k), Office Machine Parts ($209k), and Electrical Transformers ($151k). During the last 5 years the exports of Philippines to Albania have increased at an annualized rate of 40.2%, from $136k in 2023 to $737k in 2018.

Exports from Albania () to Philippines () (2023)

Exports from Philippines () to Albania () (2023)

Latest Data

Trade between Albania () and Philippines ()

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.72B

Philippines
Top DestinationChina$19B

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 2023, countries that imported more from Albania than Philippines included Italy ($1.72B), Greece ($409M), and Serbia ($188M).

In 2023, countries that imported more from Philippines than Albania included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

Difference in imports from Philippines () and Albania () (2023)

Comparative Advantage Albania - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Albania had a large net trade with Philippines in the exports of Machines ($39.7k), Textiles ($31.8k), and Footwear and Headwear ($13k).

During 2018, Philippines had a large net trade with Albania in the exports of Machines ($394k), Chemical Products ($244k), and Instruments ($55.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Philippines () (2023)

Exports from Philippines () to Albania () (2023)

Latest Data

Trade between Albania () and Philippines ()

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Albania () (2023)

Comparative Advantage Albania - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Philippines () (2023)

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