2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 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
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186

About

Albania-Palestine Trade: In 2022, Albania exported $166k to Palestine. The main products that Albania exported to Palestine were Electric Generating Sets ($92.7k), Glaziers Putty ($22.7k), and Glues ($18.4k). Over the past 5 years the exports of Albania to Palestine have increased at an annualized rate of 50.6%, from $21.4k in 2017 to $166k in 2022.

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

Palestine-Albania In false, Palestine did not export any products to Albania.

In 2022, Palestine 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, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $166k to Palestine. The main products exported from Albania to Palestine were Electric Generating Sets ($92.7k), Glaziers Putty ($22.7k), and Glues ($18.4k). During the last 5 years the exports of Albania to Palestine have increased at an annualized rate of 50.6%, from $21.4k in 2017 to $166k in 2022.

Palestine does not register exports to Albania.

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

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

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Palestine
Top Destination
Israel$1.3B

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

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

In 2022, countries that imported more from Palestine than Albania included Israel ($1.3B), Jordan ($159M), and United Arab Emirates ($29.1M).

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

Comparative Advantage Albania - Palestine

Flow
Scale

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

During 2022, Albania had a large net trade with Palestine in the exports of Machines ($92.7k), Chemical Products ($42.4k), and Miscellaneous ($11.7k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Albania and Palestine. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Palestine. Similarly, a dot/product with the flag of Palestine indicates it has a comparative advantage over Albania.

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

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