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Pricing

2022
Flag → Flag
Exports $2.03MRnk 49 / 129
2022
Flag → Flag
Top Product $965kFerroalloys
2022
Flag → Flag
Exports $8.87MRnk 159 / 218
2022
Flag → Flag
Top Product $2.59MProcessed Fish
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC $6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Albania-Thailand Trade: In 2022, Albania exported $2.03M to Thailand. The main products that Albania exported to Thailand were Ferroalloys ($965k), Raw Lead ($199k), and Other Non-Knit Clothing Accessories ($198k). Over the past 5 years the exports of Albania to Thailand have increased at an annualized rate of 35.8%, from $440k in 2017 to $2.03M in 2022.

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

Thailand-Albania Trade: In 2022, Thailand exported $8.87M to Albania. The main products that Thailand exported to Albania were Processed Fish ($2.59M), Air Conditioners ($2.31M), and Uncoated Paper ($1.89M). Over the past 5 years the exports of Thailand to Albania have increased at an annualized rate of 5.12%,  from $6.91M in 2017 to $8.87M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $2.03M to Thailand. The main products exported from Albania to Thailand were Ferroalloys ($965k), Raw Lead ($199k), and Other Non-Knit Clothing Accessories ($198k). During the last 5 years the exports of Albania to Thailand have increased at an annualized rate of 35.8%, from $440k in 2017 to $2.03M in 2022.

In 2017, Thailand exported $8.87M to Albania. The main products exported from Thailand to Albania were Processed Fish ($2.59M), Air Conditioners ($2.31M), and Uncoated Paper ($1.89M). During the last 5 years the exports of Thailand to Albania have increased at an annualized rate of 5.12%, from $6.91M in 2022 to $8.87M in 2017.

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

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

Latest Data

Trade between Albania (Flag) and Thailand (Flag)

Albania Exports

Thailand Exports

Market Competitiveness

Color
Albania
Top DestinationItaly$1.75B
Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Albania than Thailand included Greece ($421M), Montenegro ($80.8M), and North Macedonia ($101M).

In 2022, countries that imported more from Thailand than Albania included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Albania - Thailand

Flow
Scale

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

During 2022, Albania had a large net trade with Thailand in the exports of Metals ($1.16M), Textiles ($490k), and Animal Hides ($191k).

During 2017, Thailand had a large net trade with Albania in the exports of Foodstuffs ($3.18M), Machines ($2.59M), and Paper Goods ($1.89M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Thailand+$1.05MFerroalloys
Top Product Potential Thailand Albania+$1.64MAir Conditioners

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

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

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

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