Albania (ALB) and Sweden (SWE) Trade | The Observatory of Economic Complexity

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Albania-Sweden In 2022, Albania exported $46.3M to Sweden. The main products that Albania exported to Sweden are Processed Crustaceans ($34.8M), Ferroalloys ($8.95M), and Petroleum Gas ($1.1M). During the last 27 years the exports of Albania to Sweden have increased at an annualized rate of 29.9%, from $39.6k in 1995 to $46.3M in 2022.

In 2017, Albania exported services to Sweden worth $9.6M, with Travel ($7.91M), Transportation ($1.13M), and Other business services ($452k) being the largest in terms of value.

Sweden-Albania In 2022, Sweden exported $17.7M to Albania. The main products that Sweden exported to Albania were Petroleum Gas ($4.11M), Sawn Wood ($2.62M), and Tractors ($1.69M). During the last 27 years the exports of Sweden to Albania have increased at an annualized rate of 7.74%, from $2.36M in 1995 to $17.7M in 2022.

In 2001, Sweden exported services to Albania worth $1.14M, with Other business services ($1.05M) and Insurance services ($95.2k) being the largest in terms of value.

Comparison In 2022, Albania ranked 72 in the Economic Complexity Index (ECI -0.23), and 131 in total exports ($4.3B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Albania exported $46.3M to Sweden. The main products exported from Albania to Sweden were Processed Crustaceans ($34.8M), Ferroalloys ($8.95M), and Petroleum Gas ($1.1M). During the last 27 years the exports of Albania to Sweden have increased at an annualized rate of 29.9%, from $39.6k in 1995 to $46.3M in 2022.

In 2022, Sweden exported $17.7M to Albania. The main products exported from Sweden to Albania were Petroleum Gas ($4.11M), Sawn Wood ($2.62M), and Tractors ($1.69M). During the last 27 years the exports of Sweden to Albania have increased at an annualized rate of 7.74%, from $2.36M in 1995 to $17.7M in 2022.

Exports from Albania () to Sweden () (2022)

Exports from Sweden () to Albania () (2022)

Latest Data

Trade between Albania () and Sweden ()

Albania Exports

Date

Sweden Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Sweden
Top DestinationGermany$19.2B

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

In 2021, countries that imported more from Albania than Sweden were Montenegro ($80.8M), North Macedonia ($101M), and Sao Tome and Principe ($21.5k).

In 2021, countries that imported more from Sweden than Albania were Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Albania - Sweden

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Albania had a large net trade with Sweden in the exports of Foodstuffs ($34.9M), Metals ($9.22M), and Mineral Products ($1.1M).

During 2022, Sweden had a large net trade with Albania in the exports of Mineral Products ($4.14M), Machines ($3.82M), and Transportation ($2.93M).

Service Trade

Bilateral Service Trade

Swe Year

2001

2000

In 2017, Albania exported services to Sweden worth $9.6M, with Travel ($7.91M), Transportation ($1.13M), and Other business services ($452k) being the largest in terms of value.

In 2001, Sweden exported services to Albania worth $1.14M, with Other business services ($1.05M) and Insurance services ($95.2k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Sweden () to Albania () (2001)

Economic Complexity

Competitive Landscape

Year

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 Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Albania.

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Sweden () (2022)

Exports from Sweden () to Albania () (2022)

Latest Data

Trade between Albania () and Sweden ()

Albania Exports

Sweden Exports

Market Competitiveness

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

Comparative Advantage Albania - Sweden

Service Trade

Bilateral Service Trade

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

Services Exports from Sweden () to Albania () (2001)

Economic Complexity

Competitive Landscape

Product Space of Albania () and Sweden () (2022)

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