Austria / Albania

Austria-Albania Trade: In 2022, Austria exported $65.2M to Albania. The main products that Austria exported to Albania were Flavored Water ($9.18M), Air Conditioners ($4.28M), and Packaged Medicaments ($3.41M). Over the past 5 years the exports of Austria to Albania have increased at an annualized rate of 4.81%, from $51.5M in 2017 to $65.2M in 2022.

In 2011, Austria exported services to Albania worth $30.6M, with Personal, cultural, and recreational services ($18.1M), Computer and information services ($9.74M), and Communications services ($1.39M) being the largest in terms of value.

Albania-Austria Trade: In 2022, Albania exported $42.9M to Austria. The main products that Albania exported to Austria were Ferroalloys ($29.3M), Cucumbers ($3.54M), and Raw Lead ($1.74M). Over the past 5 years the exports of Albania to Austria have increased at an annualized rate of 12.4%,  from $23.9M in 2017 to $42.9M in 2022.

In 2017, Albania exported services to Austria worth $43M, with Travel ($20.6M), Other business services ($16M), and Transportation ($2.6M) being the largest in terms of value.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).