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2022
Flag → Flag
Exports $150MRnk 6 / 129
2022
Flag → Flag
Top Product $67.9MFerroalloys
2022
Flag → Flag
Exports $104MRnk 159 / 219
2022
Flag → Flag
Top Product $23.3MCars
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Albania-United States Trade: In 2022, Albania exported $150M to United States. The main products that Albania exported to United States were Ferroalloys ($67.9M), Perfume Plants ($22.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($15.9M). Over the past 5 years the exports of Albania to United States have increased at an annualized rate of 29.2%, from $41.7M in 2017 to $150M in 2022.

In 2017, Albania exported services to United States worth $59.3M, with Travel ($39M), Other business services ($11.4M), and Transportation ($2.82M) being the largest in terms of value.

United States-Albania Trade: In 2022, United States exported $104M to Albania. The main products that United States exported to Albania were Cars ($23.3M), Petroleum Coke ($22.7M), and Petroleum Gas ($15.1M). Over the past 5 years the exports of United States to Albania have increased at an annualized rate of 11.1%,  from $61.5M in 2017 to $104M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $150M to United States. The main products exported from Albania to United States were Ferroalloys ($67.9M), Perfume Plants ($22.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($15.9M). During the last 5 years the exports of Albania to United States have increased at an annualized rate of 29.2%, from $41.7M in 2017 to $150M in 2022.

In 2017, United States exported $104M to Albania. The main products exported from United States to Albania were Cars ($23.3M), Petroleum Coke ($22.7M), and Petroleum Gas ($15.1M). During the last 5 years the exports of United States to Albania have increased at an annualized rate of 11.1%, from $61.5M in 2022 to $104M in 2017.

Exports from Albania (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Albania (Flag) (2022)

Latest Data

Trade between Albania (Flag) and United States (Flag)

Albania Exports

United States Exports

Market Competitiveness

Color
Albania
Top DestinationItaly$1.75B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Albania than United States included Montenegro ($80.8M).

In 2022, countries that imported more from United States than Albania included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Albania (Flag) (2022)

Comparative Advantage Albania - United States

Flow
Scale

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

During 2022, Albania had a large net trade with United States in the exports of Metals ($71.1M), Vegetable Products ($26.2M), and Transportation ($15.9M).

During 2017, United States had a large net trade with Albania in the exports of Mineral Products ($37.8M), Transportation ($25M), and Animal Products ($12.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania United States+$16MFerroalloys
Top Product Potential United States Albania+$12.5MCars

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 United States. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Albania.

Product Space of Albania (Flag) and United States (Flag) (2022)

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