2022
Flag  
GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 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 
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 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

Republic of the Congo-Albania Trade: In 2020, Republic of the Congo exported $29.4k to Albania. The main products that Republic of the Congo exported to Albania were N/A. Over the past 10 years the exports of Republic of the Congo to Albania have increased at an annualized rate of 12.3%, from $9.24k in 2010 to $29.4k in 2020.

In 2020, Republic of the Congo did not export any services to Albania.

Albania-Republic of the Congo Trade: In 2020, Albania exported $198k to Republic of the Congo. The main products that Albania exported to Republic of the Congo were N/A. Over the past 10 years the exports of Albania to Republic of the Congo have increased at an annualized rate of 12.5%,  from $110k in 2010 to $198k in 2020.

In 2020, Albania did not export any services to Republic of the Congo.

Comparison: In 2022,  Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B). 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 2020, Republic of the Congo exported $29.4k to Albania. There were not main exports from Republic of the Congo to Albania in 2020. During the last 10 years the exports of Republic of the Congo to Albania have increased at an annualized rate of 12.3%, from $9.24k in 2010 to $29.4k in 2020.

In 2016, Albania exported $198k to Republic of the Congo. There were not main exports from Albania to Republic of the Congo in 2016. During the last 5 years the exports of Albania to Republic of the Congo have increased at an annualized rate of 12.5%, from $110k in 2021 to $198k in 2016.

Exports from Republic of the Congo (Flag) to Albania (Flag) (2021)

Exports from Albania (Flag) to Republic of the Congo (Flag) (2021)

Latest Data

Trade between Republic of the Congo (Flag) and Albania (Flag)

Republic of the Congo Exports

Date

Albania Exports

Date

Market Competitiveness

Color
Republic of the Congo
Top Destination
China$4.82B
Albania
Top Destination
Italy$1.75B

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

In 2022, countries that imported more from Republic of the Congo than Albania included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

In 2022, countries that imported more from Albania than Republic of the Congo included Italy ($1.75B), Spain ($309M), and Germany ($212M).

Difference in imports from Albania (Flag) and Republic of the Congo (Flag) (2022)

Comparative Advantage Republic of the Congo - Albania

Flow
Scale

This chart compares trade between Republic of the Congo and Albania by product, considering products traded by both, Republic of the Congo and Albania.

During 2020, Republic of the Congo had a large net trade with Albania in the exports of .

During 2016, Albania had a large net trade with Republic of the Congo in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Republic of the Congo Albania+$1.87kRefined Petroleum
Top Product Potential Albania Republic of the Congo+$1.3kInsulated Wire

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

Product Space of Republic of the Congo (Flag) and Albania (Flag) (2021)

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