Gabon (GAB) and Albania (ALB) Trade | The Observatory of Economic Complexity

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Gabon-Albania Trade: In 2021, Gabon exported $35k to Albania. The main products that Gabon exported to Albania were N/A. Over the past 5 years the exports of Gabon to Albania have decreased at an annualized rate of 38.7%, from $405k in 2016 to $35k in 2021.

In 2021, Gabon did not export any services to Albania.

Albania-Gabon Trade: In 2021, Albania exported $319k to Gabon. The main products that Albania exported to Gabon were N/A. Over the past 5 years the exports of Albania to Gabon have increased at an annualized rate of 22%, from $118k in 2016 to $319k in 2021.

In 2021, Albania did not export any services to Gabon.

Comparison: In 2022, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Gabon exported $35k to Albania. There were not main exports from Gabon to Albania in 2021. During the last 5 years the exports of Gabon to Albania have decreased at an annualized rate of 38.7%, from $405k in 2016 to $35k in 2021.

In 2016, Albania exported $319k to Gabon. There were not main exports from Albania to Gabon in 2016. During the last 5 years the exports of Albania to Gabon have increased at an annualized rate of 22%, from $118k in 2021 to $319k in 2016.

Exports from Gabon () to Albania () (2021)

Exports from Albania () to Gabon () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$3.4B

Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from Gabon than Albania included China ($3.4B), South Korea ($617M), and India ($527M).

In 2022, countries that imported more from Albania than Gabon included Italy ($1.75B), Greece ($421M), and Spain ($309M).

Difference in imports from Albania () and Gabon () (2022)

Comparative Advantage Gabon - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Gabon had a large net trade with Albania in the exports of .

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Albania+$2.09kRefined Petroleum

Top Product Potential Albania Gabon+$1.37kInsulated 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

Year

This visualization shows the product space at the HS4 level with the flags of Gabon and Albania. This means that a dot/product with the flag of Gabon indicates it has a comparative advantage over Albania. Similarly, a dot/product with the flag of Albania indicates it has a comparative advantage over Gabon.

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Historical Data

Bilateral Trade by Products

Exports from Gabon () to Albania () (2021)

Exports from Albania () to Gabon () (2021)

Market Competitiveness

Difference in imports from Albania () and Gabon () (2022)

Comparative Advantage Gabon - Albania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Albania () (2021)

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