2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH
85.9%CURRENT US$
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2023
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 GDP
$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH
84.3%CURRENT US$
Rnk 29 / 195
2023
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GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC
$8,575CURRENT US$
Rnk 93 / 196
2013-2023
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GDP PC GROWTH
94.3%CURRENT US$
Rnk 10 / 195

About

China-Albania Trade: In 2023, China exported $971M to Albania. The main products that China exported to Albania were Semiconductor Devices ($82.8M), Air Conditioners ($37.2M), and Cars ($36.3M). Over the past 5 years the exports of China to Albania have increased at an annualized rate of 16.2%, from $459M in 2018 to $971M in 2023.

In 2023, China did not export any services to Albania.

Albania-China Trade: In 2023, Albania exported $161M to China. The main products that Albania exported to China were Chromium Ore ($98.8M), Copper Ore ($29M), and Marble, Travertine and Alabaster ($7.82M). Over the past 5 years the exports of Albania to China have increased at an annualized rate of 11.5%,  from $93.3M in 2018 to $161M in 2023.

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 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $971M to Albania. The main products exported from China to Albania were Semiconductor Devices ($82.8M), Air Conditioners ($37.2M), and Cars ($36.3M). During the last 5 years the exports of China to Albania have increased at an annualized rate of 16.2%, from $459M in 2018 to $971M in 2023.

In 2018, Albania exported $161M to China. The main products exported from Albania to China were Chromium Ore ($98.8M), Copper Ore ($29M), and Marble, Travertine and Alabaster ($7.82M). During the last 5 years the exports of Albania to China have increased at an annualized rate of 11.5%, from $93.3M in 2023 to $161M in 2018.

Exports from China (Flag) to Albania (Flag) (2023)

Exports from Albania (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Albania
Top Destination
Italy$1.72B

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.

In 2023, countries that imported more from China than Albania included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Albania than from China.

Difference in imports from Albania (Flag) and China (Flag) (2023)

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 2023, China had a large net trade with Albania in the exports of Machines ($401M), Metals ($127M), and Textiles ($121M).

During 2018, Albania had a large net trade with China in the exports of Mineral Products ($136M), Textiles ($18.1M), and Transportation ($1.89M).

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) (2023)

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