2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
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2022
Flag
 GDP
$252BCURRENT US$
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2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC 
$6,803CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
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2022
Flag
GDP PC
$24,275CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Albania-Portugal In 2022, Albania exported $6.86M to Portugal. The main products that Albania exported to Portugal are Footwear Parts ($5.75M), Iron Stovetops ($293k), and Leather Footwear ($168k). During the last 27 years the exports of Albania to Portugal have increased at an annualized rate of 8.7%, from $721k in 1995 to $6.86M in 2022.

In 2017, Albania exported services to Portugal worth $1.02M, with Travel ($791k) and Transportation ($226k) being the largest in terms of value.

Portugal-Albania In 2022, Portugal exported $14.7M to Albania. The main products that Portugal exported to Albania were Packaged Medicaments ($4.79M), Other Electrical Machinery ($3.46M), and Tanned Equine and Bovine Hides ($996k). During the last 27 years the exports of Portugal to Albania have increased at an annualized rate of 22.2%, from $65.5k in 1995 to $14.7M in 2022.

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

Comparison In 2022,  Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $6.86M to Portugal. The main products exported from Albania to Portugal were Footwear Parts ($5.75M), Iron Stovetops ($293k), and Leather Footwear ($168k). During the last 27 years the exports of Albania to Portugal have increased at an annualized rate of 8.7%, from $721k in 1995 to $6.86M in 2022.

In 2022, Portugal exported $14.7M to Albania. The main products exported from Portugal to Albania were Packaged Medicaments ($4.79M), Other Electrical Machinery ($3.46M), and Tanned Equine and Bovine Hides ($996k). During the last 27 years the exports of Portugal to Albania have increased at an annualized rate of 22.2%, from $65.5k in 1995 to $14.7M in 2022.

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

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

Latest Data

Trade between Albania (Flag) and Portugal (Flag)

Albania Exports

Portugal Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Portugal
Top Destination
Spain$20.5B

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

In 2021, countries that imported more from Albania than Portugal were Greece ($421M), Montenegro ($80.8M), and North Macedonia ($101M).

In 2021, countries that imported more from Portugal than Albania were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Albania - Portugal

Flow
Scale

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

During 2022, Albania had a large net trade with Portugal in the exports of Footwear and Headwear ($6.05M), Metals ($399k), and Mineral Products ($155k).

During 2022, Portugal had a large net trade with Albania in the exports of Chemical Products ($4.81M), Machines ($4.41M), and Paper Goods ($1.19M).

Service Trade

Bilateral Service Trade

In 2017, Albania exported services to Portugal worth $1.02M, with Travel ($791k) and Transportation ($226k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Albania (Flag) to Portugal (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 Albania has comparative advantage over Portugal. Similarly, the more yellow a dot/product is, the more Portugal has comparative advantage over Albania.

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

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