2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186

About

China-Albania Trade: In 2022, China exported $679M to Albania. The main products that China exported to Albania were Light Fixtures ($21.6M), Iron Wire ($21.4M), and Air Conditioners ($20.6M). Over the past 5 years the exports of China to Albania have increased at an annualized rate of 10.7%, from $408M in 2017 to $679M in 2022.

In 2022, China did not export any services to Albania.

Albania-China Trade: In 2022, Albania exported $164M to China. The main products that Albania exported to China were Chromium Ore ($115M), Copper Ore ($18.2M), and Ferroalloys ($4.45M). Over the past 5 years the exports of Albania to China have decreased at an annualized rate of 3.42%,  from $195M in 2017 to $164M in 2022.

In 2017, Albania exported services to China worth $5.42M, with Travel ($2.15M), Personal, cultural, and recreational services ($1.47M), and Communications services ($565k) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $679M to Albania. The main products exported from China to Albania were Light Fixtures ($21.6M), Iron Wire ($21.4M), and Air Conditioners ($20.6M). During the last 5 years the exports of China to Albania have increased at an annualized rate of 10.7%, from $408M in 2017 to $679M in 2022.

In 2017, Albania exported $164M to China. The main products exported from Albania to China were Chromium Ore ($115M), Copper Ore ($18.2M), and Ferroalloys ($4.45M). During the last 5 years the exports of Albania to China have decreased at an annualized rate of 3.42%, from $195M in 2022 to $164M in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
N/AN/A
Albania
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage China - Albania

Flow
Scale

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

During 2022, China had a large net trade with Albania in the exports of Machines ($207M), Metals ($115M), and Miscellaneous ($79.8M).

During 2017, Albania had a large net trade with China in the exports of Mineral Products ($138M), Textiles ($15.8M), and Metals ($4.47M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Albania+$9.18MComputers
Top Product Potential Albania China+$15.6MCopper Ore

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

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

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