Albania (ALB) and Russia (RUS) Trade | The Observatory of Economic Complexity

Albania-Russia Trade: In 2021, Albania exported $16.9M to Russia. The main products that Albania exported to Russia were N/A. Over the past 5 years the exports of Albania to Russia have increased at an annualized rate of 9.9%, from $10.5M in 2016 to $16.9M in 2021.

In 2017, Albania exported services to Russia worth $5.54M, with Travel ($3.5M), Government services, n.i.e. ($1.69M), and Transportation ($339k) being the largest in terms of value.

Russia-Albania Trade: In 2021, Russia exported $129M to Albania. The main products that Russia exported to Albania were N/A. Over the past 5 years the exports of Russia to Albania have increased at an annualized rate of 15%, from $63.8M in 2016 to $129M in 2021.

In 2020, Russia exported services to Albania worth $2.43M, with Transportation ($1.44M), Computer and information services ($380k), and Travel ($362k) being the largest in terms of value.

Comparison: In 2022, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Latest Data

Trade between Albania () and Russia ()

Albania Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Albania than Russia included Montenegro ($80.8M), Malta ($27.4M), and Andorra ($171k).

In 2022, countries that imported more from Russia than Albania included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Albania () (2022)

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Russia+$4.48kLeather Footwear

Top Product Potential Russia Albania+$6.85kRefined Petroleum

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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Bilateral Service Trade

Rus Year

In 2017, Albania exported services to Russia worth $5.54M, with Travel ($3.5M), Government services, n.i.e. ($1.69M), and Transportation ($339k) being the largest in terms of value.

In 2020, Russia exported services to Albania worth $2.43M, with Transportation ($1.44M), Computer and information services ($380k), and Travel ($362k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Albania () to Russia () (2017)

Services Exports from Russia () to Albania () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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Historical Data

Latest Data

Trade between Albania () and Russia ()

Albania Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Albania () (2022)

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Albania () to Russia () (2017)

Services Exports from Russia () to Albania () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Albania () and Russia () (NaN)

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