Flag Albania / Slovakia Flag

2020
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Exports
: $15.2M, Rnk 23 / 125

2020
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Top Product
: $10.2M, Insulated Wire

2020
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Exports
: $35.4M, Rnk 67 / 192

2020
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Top Product
: $12.1M, Video Displays

2020
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Economic Complexity (ECI)
: ECI -0.36, Rnk 75 / 127

2020
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Economic Complexity (ECI)
: ECI 1.31, Rnk 18 / 127

2020
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GDP
: $15.1B, CURRENT US$
Rnk 123 / 204

2010-2020
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GDP GROWTH
: 26.9%, CURRENT US$
Rnk 104 / 204

2020
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 GDP
: $105B, CURRENT US$
Rnk 62 / 204

2010-2020
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GDP GROWTH
: 15.8%, CURRENT US$
Rnk 129 / 204

2020
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GDP PC 
: $5,332, CURRENT US$
Rnk 108 / 204

2010-2020
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GDP PC GROWTH
: 30.2%, CURRENT US$
Rnk 64 / 204

2020
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GDP PC
: $19,267, CURRENT US$
Rnk 55 / 204

2010-2020
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GDP PC GROWTH
: 14.4%, CURRENT US$
Rnk 102 / 204

Albania-Slovakia In 2020, Albania exported $15.2M to Slovakia. The main products that Albania exported to Slovakia are Insulated Wire ($10.2M), Leather Footwear ($2.24M), and Other Vegetables ($359k). During the last 25 years the exports of Albania to Slovakia have increased at an annualized rate of 18.1%, from $237k in 1995 to $15.2M in 2020.

In 2017, Albania exported services to Slovakia worth $3.5M, with Travel ($2.37M), Other business services ($791k), and Transportation ($113k) being the largest in terms of value.

Slovakia-Albania In 2020, Slovakia exported $35.4M to Albania. The main products that Slovakia exported to Albania were Video Displays ($12.1M), Broadcasting Equipment ($9.03M), and Cars ($2.4M). During the last 25 years the exports of Slovakia to Albania have increased at an annualized rate of 15.9%, from $879k in 1995 to $35.4M in 2020.

In 2012, Slovakia exported services to Albania worth $2.73M, with Services not allocated ($1.37M), Computer and information services ($648k), and Other business services ($647k) being the largest in terms of value.

Comparison In 2020,  Albania ranked 75 in the Economic Complexity Index (ECI -0.36), and 134 in total exports ($2.62B). That same year, Slovakia ranked 18 in the Economic Complexity Index (ECI 1.31), and 37 in total exports ($86.4B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Albania exported $15.2M to Slovakia. The main products exported from Albania to Slovakia were Insulated Wire ($10.2M), Leather Footwear ($2.24M), and Other Vegetables ($359k). During the last 25 years the exports of Albania to Slovakia have increased at an annualized rate of 18.1%, from $237k in 1995 to $15.2M in 2020.

In 2020, Slovakia exported $35.4M to Albania. The main products exported from Slovakia to Albania were Video Displays ($12.1M), Broadcasting Equipment ($9.03M), and Cars ($2.4M). During the last 25 years the exports of Slovakia to Albania have increased at an annualized rate of 15.9%, from $879k in 1995 to $35.4M in 2020.

Albania Exports

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Slovakia Exports

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Market Competitiveness

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Measure

Albania
Top Destination
: Italy, $1.11B

Slovakia
Top Destination
: Germany, $19.2B

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

In 2019, countries that imported more from Albania than Slovakia were Montenegro ($46.4M), Senegal ($8.49M), and Marshall Islands ($361k).

In 2019, countries that imported more from Slovakia than Albania were Germany ($19.2B), Czechia ($8.74B), and France ($6.18B).

Comparative Advantage Albania - Slovakia

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Flow

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

During 2020, Albania had a large net trade with Slovakia in the exports of Machines ($10.3M), Footwear and Headwear ($2.54M), and Vegetable Products ($1.08M).

During 2020, Slovakia had a large net trade with Albania in the exports of Machines ($24.5M), Transportation ($2.95M), and Metals ($1.81M).

Bilateral Service Trade

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Svk Year

In 2017, Albania exported services to Slovakia worth $3.5M, with Travel ($2.37M), Other business services ($791k), and Transportation ($113k) being the largest in terms of value.

In 2012, Slovakia exported services to Albania worth $2.73M, with Services not allocated ($1.37M), Computer and information services ($648k), and Other business services ($647k) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Albania has comparative advantage over Slovakia. Similarly, the more yellow a dot/product is, the more Slovakia has comparative advantage over Albania.