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2022
Flag → Flag
Exports $104MRnk 159 / 219
2022
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Top Product $23.3MCars
2022
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Exports $150MRnk 6 / 129
2022
Flag → Flag
Top Product $67.9MFerroalloys
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
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GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
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GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

United States-Albania Trade: In 2022, United States exported $104M to Albania. The main products that United States exported to Albania were Cars ($23.3M), Petroleum Coke ($22.7M), and Petroleum Gas ($15.1M). Over the past 5 years the exports of United States to Albania have increased at an annualized rate of 11.1%, from $61.5M in 2017 to $104M in 2022.

In 2022, United States did not export any services to Albania.

Albania-United States Trade: In 2022, Albania exported $150M to United States. The main products that Albania exported to United States were Ferroalloys ($67.9M), Perfume Plants ($22.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($15.9M). Over the past 5 years the exports of Albania to United States have increased at an annualized rate of 29.2%,  from $41.7M in 2017 to $150M in 2022.

In 2017, Albania exported services to United States worth $59.3M, with Travel ($39M), Other business services ($11.4M), and Transportation ($2.82M) being the largest in terms of value.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Company data: In 2023, leading companies such as F&F Fine Wines (110), Amazon (70), and Palm Bay International (5) were at the forefront of exporting goods from Albania to the United States. Conversely, C.e.m. Srl (105), Century Distribution Systems, Inc. (42), and Unknown (28) were notable for importing products to Albania from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $11.4M and imported $7.68M from Albania, resulting in a positive trade balance of $3.75M. Between August 2023 and August 2024 the exports of United States have decreased by $-2.61k (-0.023%) from $11.4M to $11.4M, while imports increased by $364k (4.97%) from $7.32M to $7.68M.

Trade In August 2024, the top exports of United States to Albania were Cars ($4.43M), Special purpose motor vehicles ($2.64M), Poultry Meat ($1.33M), LCDs ($545k), and Amino-resins ($504k). In August 2024 the top imports of United States from Albania were Motor vehicles; parts and accessories (8701... ($2.92M), Perfume Plants ($2.11M), Leather Footwear ($1.01M), Ferroalloys ($605k), and Non-Knit Men's Shirts ($351k).

Origins In August 2024 the exports of United States were mainly from Texas ($1.25M), New York ($1.23M), Indiana ($1.13M), Louisiana ($1.05M), and Georgia ($1.04M), while imports destinations were mainly Utah ($2.08M), New York ($1.38M), Pennsylvania ($1.02M), New Jersey ($940k), and Maryland ($356k).

Growth In August 2024, the decrease in United States's year-by-year exports to Albania was explained primarily by an decrease in product exports in Motor vehicles; parts and accessories (8701... ($-165k or -42.5%), Pig Meat ($-53.2k or -50.5%), and Medical Instruments ($-10.4k or -22.9%). In August 2024, the increase in United States's year-by-year imports  from Albania was explained primarily by an increase in product imports  in Motor vehicles; parts and accessories (8701... ($2.58M or 749%), Leather Footwear ($825k or 437%), and Non-Knit Men's Shirts ($274k or 359%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-2.61k(-0.023%)
IMPORT GROWTH (August 2023 - August 2024)$364k(4.97%)
MAIN EXPORTER (August 2024)Texas$1.25M

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

To check Albania and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Albania and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $104M to Albania. The main products exported from United States to Albania were Cars ($23.3M), Petroleum Coke ($22.7M), and Petroleum Gas ($15.1M). During the last 5 years the exports of United States to Albania have increased at an annualized rate of 11.1%, from $61.5M in 2017 to $104M in 2022.

In 2017, Albania exported $150M to United States. The main products exported from Albania to United States were Ferroalloys ($67.9M), Perfume Plants ($22.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($15.9M). During the last 5 years the exports of Albania to United States have increased at an annualized rate of 29.2%, from $41.7M in 2022 to $150M in 2017.

Exports from United States (Flag) to Albania (Flag) (2022)

Exports from Albania (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from United States than Albania included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Albania than United States included Montenegro ($80.8M).

Difference in imports from Albania (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Albania

Flow
Scale

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

During 2022, United States had a large net trade with Albania in the exports of Mineral Products ($37.8M), Transportation ($25M), and Animal Products ($12.7M).

During 2017, Albania had a large net trade with United States in the exports of Metals ($71.1M), Vegetable Products ($26.2M), and Transportation ($15.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Albania+$12.5MCars
Top Product Potential Albania United States+$16MFerroalloys

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

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

Product Space of United States (Flag) and Albania (Flag) (2022)

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