2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 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 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 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

Czechia-Albania Trade: In 2022, Czechia exported $76.9M to Albania. The main products that Czechia exported to Albania were Low-voltage Protection Equipment ($9.48M), Insulated Wire ($8.44M), and Cleaning Products ($7.85M). Over the past 5 years the exports of Czechia to Albania have increased at an annualized rate of 8.33%, from $51.5M in 2017 to $76.9M in 2022.

In 2002, Czechia exported services to Albania worth $1.9M, with Travel ($1.71M), Transportation ($187k), and Other business services ($2.1k) being the largest in terms of value.

Albania-Czechia Trade: In 2022, Albania exported $78M to Czechia. The main products that Albania exported to Czechia were Insulated Wire ($26.7M), Precious Metal Scraps ($21.5M), and Leather Footwear ($3.42M). Over the past 5 years the exports of Albania to Czechia have increased at an annualized rate of 22.7%,  from $28.1M in 2017 to $78M in 2022.

In 2017, Albania exported services to Czechia worth $19.3M, with Other business services ($12.8M), Travel ($4.07M), and Computer and information services ($1.02M) being the largest in terms of value.

Comparison: In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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, Czechia exported $76.9M to Albania. The main products exported from Czechia to Albania were Low-voltage Protection Equipment ($9.48M), Insulated Wire ($8.44M), and Cleaning Products ($7.85M). During the last 5 years the exports of Czechia to Albania have increased at an annualized rate of 8.33%, from $51.5M in 2017 to $76.9M in 2022.

In 2017, Albania exported $78M to Czechia. The main products exported from Albania to Czechia were Insulated Wire ($26.7M), Precious Metal Scraps ($21.5M), and Leather Footwear ($3.42M). During the last 5 years the exports of Albania to Czechia have increased at an annualized rate of 22.7%, from $28.1M in 2022 to $78M in 2017.

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

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

Latest Data

Trade between Czechia (Flag) and Albania (Flag)

Czechia Exports

Albania Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Albania
Top Destination
Italy$1.75B

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

In 2022, countries that imported more from Czechia than Albania included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Albania than Czechia included Montenegro ($80.8M) and Sao Tome and Principe ($21.5k).

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

Comparative Advantage Czechia - Albania

Flow
Scale

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

During 2022, Czechia had a large net trade with Albania in the exports of Machines ($30.4M), Chemical Products ($12.6M), and Transportation ($7.23M).

During 2017, Albania had a large net trade with Czechia in the exports of Machines ($26.9M), Precious Metals ($21.5M), and Textiles ($11M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Albania+$6.73MCars
Top Product Potential Albania Czechia+$2.67MLeather Footwear

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

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

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