Senegal (SEN) and Albania (ALB) Trade | The Observatory of Economic Complexity

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Senegal-Albania Trade: In 2023, Senegal exported $1.28M to Albania. The main products that Senegal exported to Albania were Coconuts, Brazil Nuts, and Cashews ($459k), Non-fillet Frozen Fish ($441k), and Crustaceans ($202k). Over the past 5 years the exports of Senegal to Albania have increased at an annualized rate of 36.2%, from $272k in 2018 to $1.28M in 2023.

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

Albania-Senegal Trade: In 2023, Albania exported $14.9M to Senegal. The main products that Albania exported to Senegal were Refined Petroleum ($3.58M), Medical Instruments ($1.67M), and Tractors ($1.27M). Over the past 5 years the exports of Albania to Senegal have increased at an annualized rate of 20.9%, from $5.77M in 2018 to $14.9M in 2023.

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

Comparison: In 2023, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Senegal exported $1.28M to Albania. The main products exported from Senegal to Albania were Coconuts, Brazil Nuts, and Cashews ($459k), Non-fillet Frozen Fish ($441k), and Crustaceans ($202k). During the last 5 years the exports of Senegal to Albania have increased at an annualized rate of 36.2%, from $272k in 2018 to $1.28M in 2023.

In 2018, Albania exported $14.9M to Senegal. The main products exported from Albania to Senegal were Refined Petroleum ($3.58M), Medical Instruments ($1.67M), and Tractors ($1.27M). During the last 5 years the exports of Albania to Senegal have increased at an annualized rate of 20.9%, from $5.77M in 2023 to $14.9M in 2018.

Exports from Senegal () to Albania () (2023)

Exports from Albania () to Senegal () (2023)

Latest Data

Trade between Senegal () and Albania ()

Senegal Exports

Date

Albania Exports

Date

Jan 2014

Mar 2013

Apr 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.22B

Albania
Top DestinationItaly$1.72B

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

In 2023, countries that imported more from Senegal than Albania included Mali ($1.22B), India ($681M), and Switzerland ($625M).

In 2023, countries that imported more from Albania than Senegal included Italy ($1.72B), Greece ($409M), and Germany ($234M).

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

Comparative Advantage Senegal - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Senegal had a large net trade with Albania in the exports of Animal Products ($645k), Vegetable Products ($630k), and Chemical Products ($1.9k).

During 2018, Albania had a large net trade with Senegal in the exports of Mineral Products ($3.89M), Machines ($2.64M), and Transportation ($2.48M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Albania+$55.4kNon-fillet Frozen Fish

Top Product Potential Albania Senegal+$274kInsulated 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 Senegal and Albania. This means that a dot/product with the flag of Senegal indicates it has a comparative advantage over Albania. Similarly, a dot/product with the flag of Albania indicates it has a comparative advantage over Senegal.

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Albania () (2023)

Exports from Albania () to Senegal () (2023)

Latest Data

Trade between Senegal () and Albania ()

Senegal Exports

Albania Exports

Market Competitiveness

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

Comparative Advantage Senegal - Albania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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