Luxembourg-Albania Trade: In 2023, Luxembourg exported $1.26M to Albania. The main products that Luxembourg exported to Albania were Rubber Tires ($347k), Beauty Products ($310k), and Cars ($224k). Over the past 5 years the exports of Luxembourg to Albania have increased at an annualized rate of 20.2%, from $505k in 2018 to $1.26M in 2023.
In 2023, Luxembourg did not export any services to Albania.
Albania-Luxembourg Trade: In 2023, Albania exported $1.87M to Luxembourg. The main products that Albania exported to Luxembourg were Flavored Water ($1.1M), Non-Knit Men's Suits ($135k), and Leather Footwear ($96.6k). Over the past 5 years the exports of Albania to Luxembourg have increased at an annualized rate of 30.1%, from $503k in 2018 to $1.87M in 2023.
In 2017, Albania exported services to Luxembourg worth $3.73M, with Travel ($3.28M), Other business services ($339k), and Personal, cultural, and recreational services ($113k) being the largest in terms of value.
Comparison In 2023, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index. That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).