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2022
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Exports $116MRnk 105 / 218
2022
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Top Product $31.9MUnglazed Ceramics
2022
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Exports $309MRnk 3 / 129
2022
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Top Product $269MCrude Petroleum
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI -0.23Rnk 72 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
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2022
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 GDP$18.9BCURRENT US$
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2012-2022
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GDP GROWTH53.3%CURRENT US$
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2022
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GDP PC $29,350CURRENT US$
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2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$6,803CURRENT US$
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2012-2022
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GDP PC GROWTH60.2%CURRENT US$
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About

Spain-Albania In 2022, Spain exported $116M to Albania. The main products that Spain exported to Albania are Unglazed Ceramics ($31.9M), Refined Petroleum ($18.8M), and Non-Knit Women's Suits ($3.42M). During the last 27 years the exports of Spain to Albania have increased at an annualized rate of 18%, from $1.33M in 1995 to $116M in 2022.

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

Albania-Spain In 2022, Albania exported $309M to Spain. The main products that Albania exported to Spain were Crude Petroleum ($269M), Ferroalloys ($6.94M), and Fish: dried, salted, smoked or in brine ($5.65M). During the last 27 years the exports of Albania to Spain have increased at an annualized rate of 27.2%, from $463k in 1995 to $309M in 2022.

In 2017, Albania exported services to Spain worth $9.83M, with Travel ($5.65M), Transportation ($2.49M), and Other business services ($1.02M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Albania ranked 72 in the Economic Complexity Index (ECI -0.23), and 131 in total exports ($4.3B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €4.88M and imported €10.4M from Albania, resulting in a negative trade balance of €5.53M. Between January 2023 and January 2024 the exports of Spain have decreased by €-668k (-12%) from €5.55M to €4.88M, while imports decreased by €-11.9M (-53.4%) from €22.4M to €10.4M.

Trade In January 2024, the top exports of Spain to Albania were Unglazed Ceramics (€1.52M), Other Non-Metal Removal Machinery (€337k), Molluscs (€284k), Cars (€245k), and Non-Knit Women's Suits (€187k). In January 2024 the top imports of Spain from Albania were Crude Petroleum (€20.7M), Fish: dried, salted, smoked or in... (€265k), Processed Fish (€212k), Spices (€200k), and Non-Knit Women's Suits (€177k).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€1.2M), Castellón (€782k), Madrid (€455k), Pontevedra (€420k), and Cantabria (Santander) (€278k), while imports destinations were mainly Madrid (€7.5M), Valencia (€841k), Cantabria (Santander) (€463k), Barcelona (€392k), and Navarra (€335k).

Growth In January 2024, the decrease in Spain's year-by-year exports to Albania was explained primarily by an decrease in product exports in Fish: dried, salted, smoked or in... (€-212k or -54.9%), Mixed Mineral or Chemical Fertilizers (€-68.2k or -64.2%), and Other Furniture (€-65.1k or -77.6%). In January 2024, the decrease in Spain's year-by-year imports  from Albania was explained primarily by an decrease in product imports  in Knit Women's Suits (€-298k or -94.1%), Rubber Footwear (€-149k or -93.2%), and Fish: dried, salted, smoked or in... (€-72.3k or -21.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-668k(-12%)
IMPORT GROWTH (January 2023 - January 2024)€-11.9M(-53.4%)
MAIN EXPORTER (January 2024)Barcelona€1.2M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Albania and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $116M to Albania. The main products exported from Spain to Albania were Unglazed Ceramics ($31.9M), Refined Petroleum ($18.8M), and Non-Knit Women's Suits ($3.42M). During the last 27 years the exports of Spain to Albania have increased at an annualized rate of 18%, from $1.33M in 1995 to $116M in 2022.

In 2022, Albania exported $309M to Spain. The main products exported from Albania to Spain were Crude Petroleum ($269M), Ferroalloys ($6.94M), and Fish: dried, salted, smoked or in brine ($5.65M). During the last 27 years the exports of Albania to Spain have increased at an annualized rate of 27.2%, from $463k in 1995 to $309M in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Albania
Top DestinationItaly$1.75B

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

In 2021, countries that imported more from Spain than Albania were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Albania than Spain were Montenegro ($80.8M).

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

Comparative Advantage Spain - Albania

Flow
Scale

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

During 2022, Spain had a large net trade with Albania in the exports of Stone And Glass ($35.8M), Mineral Products ($20.3M), and Textiles ($11M).

During 2022, Albania had a large net trade with Spain in the exports of Mineral Products ($270M), Metals ($8.77M), and Textiles ($8.63M).

Service Trade

Bilateral Service Trade

In 2017, Albania exported services to Spain worth $9.83M, with Travel ($5.65M), Transportation ($2.49M), and Other business services ($1.02M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Albania (Flag) to Spain (Flag) (2017)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Albania. Similarly, the more yellow a dot/product is, the more Albania has comparative advantage over Spain.

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

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