Ireland (IRL) and Albania (ALB) Trade | The Observatory of Economic Complexity

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Ireland-Albania Trade: In 2023, Ireland exported $30M to Albania. The main products that Ireland exported to Albania were Scented Mixtures ($8.44M), Blank Audio Media ($7.25M), and Industrial Fatty Acids, Oils and Alcohols ($4.06M). Over the past 5 years the exports of Ireland to Albania have increased at an annualized rate of 17.6%, from $13.3M in 2018 to $30M in 2023.

In 2023, Ireland did not export any services to Albania.

Albania-Ireland Trade: In 2023, Albania exported $5.94M to Ireland. The main products that Albania exported to Ireland were Aluminium Bars ($1.3M), Leather Footwear ($804k), and Electric Generating Sets ($687k). Over the past 5 years the exports of Albania to Ireland have increased at an annualized rate of 40.5%, from $1.08M in 2018 to $5.94M in 2023.

In 2017, Albania exported services to Ireland worth $6.33M, with Other business services ($3.5M), Travel ($2.03M), and Transportation ($565k) being the largest in terms of value.

Comparison: In 2023, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).

Latest Trends

N/A

About

Overview In N/A, Ireland exported €N/A and imported €N/A from Albania, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Albania were . In N/A the top imports of Ireland from Albania were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Albania was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports from Albania was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ireland exported $30M to Albania. The main products exported from Ireland to Albania were Scented Mixtures ($8.44M), Blank Audio Media ($7.25M), and Industrial Fatty Acids, Oils and Alcohols ($4.06M). During the last 5 years the exports of Ireland to Albania have increased at an annualized rate of 17.6%, from $13.3M in 2018 to $30M in 2023.

In 2018, Albania exported $5.94M to Ireland. The main products exported from Albania to Ireland were Aluminium Bars ($1.3M), Leather Footwear ($804k), and Electric Generating Sets ($687k). During the last 5 years the exports of Albania to Ireland have increased at an annualized rate of 40.5%, from $1.08M in 2023 to $5.94M in 2018.

Exports from Ireland () to Albania () (2023)

Exports from Albania () to Ireland () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ireland
Top DestinationUnited States$67.4B

Albania
Top DestinationItaly$1.72B

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

In 2023, countries that imported more from Ireland than Albania included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, countries that imported more from Albania than Ireland included North Macedonia ($134M) and Montenegro ($82.3M).

Difference in imports from Albania () and Ireland () (2023)

Comparative Advantage Ireland - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ireland had a large net trade with Albania in the exports of Chemical Products ($16.3M), Machines ($7.72M), and Foodstuffs ($3.35M).

During 2018, Albania had a large net trade with Ireland in the exports of Metals ($2.18M), Footwear and Headwear ($1.16M), and Machines ($796k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ireland Albania+$2.28MPackaged Medicaments

Top Product Potential Albania Ireland+$1.1MLeather 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

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Ireland () to Albania () (2023)

Exports from Albania () to Ireland () (2023)

Market Competitiveness

Difference in imports from Albania () and Ireland () (2023)

Comparative Advantage Ireland - Albania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ireland () and Albania () (2023)

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