Turkey-Albania Trade: In 2022, Turkey exported $936M to Albania. The main products that Turkey exported to Albania were Raw Iron Bars ($154M), Refined Petroleum ($72.5M), and Hot-Rolled Iron ($56.6M). Over the past 5 years the exports of Turkey to Albania have increased at an annualized rate of 17.6%, from $416M in 2017 to $936M in 2022.
In 2022, Turkey did not export any services to Albania.
Albania-Turkey Trade: In 2022, Albania exported $69.5M to Turkey. The main products that Albania exported to Turkey were Scrap Iron ($28.3M), Raw Aluminium ($4.75M), and Scrap Aluminium ($4.04M). Over the past 5 years the exports of Albania to Turkey have increased at an annualized rate of 12.6%, from $26.9M in 2017 to $69.5M in 2022.
In 2017, Albania exported services to Turkey worth $49.6M, with Travel ($23.2M), Other business services ($19.9M), and Communications services ($2.26M) being the largest in terms of value.
Comparison: In 2022, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).