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2023
Flag → Flag
Exports $537kRnk 71 / 126
2023
Flag → Flag
Top Product $138kIron Pipe Fittings
2023
Flag → Flag
Exports $9.24MRnk 111 / 168
2023
Flag → Flag
Top Product $2.31MCrustaceans
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 77 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag  
GDP$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
 GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC $8,575CURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP PC GROWTH94.3%CURRENT US$
Rnk 10 / 195
2023
Flag
GDP PC$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195

About

Albania-Argentina Trade: In 2023, Albania exported $537k to Argentina. The main products that Albania exported to Argentina were Iron Pipe Fittings ($138k), Other Knit Garments ($80k), and Spice Seeds ($71.8k). Over the past 5 years the exports of Albania to Argentina have increased at an annualized rate of 11.9%, from $306k in 2018 to $537k in 2023.

In 2017, Albania exported services to Argentina worth $565k, with Travel ($452k) and Transportation ($113k) being the largest in terms of value.

Argentina-Albania Trade: In 2023, Argentina exported $9.24M to Albania. The main products that Argentina exported to Albania were Crustaceans ($2.31M), Soybean Meal ($1.79M), and Citrus ($1.38M). Over the past 5 years the exports of Argentina to Albania have increased at an annualized rate of 14.4%,  from $4.72M in 2018 to $9.24M in 2023.

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

Comparison: In 2023,  Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Albania exported $537k to Argentina. The main products exported from Albania to Argentina were Iron Pipe Fittings ($138k), Other Knit Garments ($80k), and Spice Seeds ($71.8k). During the last 5 years the exports of Albania to Argentina have increased at an annualized rate of 11.9%, from $306k in 2018 to $537k in 2023.

In 2018, Argentina exported $9.24M to Albania. The main products exported from Argentina to Albania were Crustaceans ($2.31M), Soybean Meal ($1.79M), and Citrus ($1.38M). During the last 5 years the exports of Argentina to Albania have increased at an annualized rate of 14.4%, from $4.72M in 2023 to $9.24M in 2018.

Exports from Albania (Flag) to Argentina (Flag) (2023)

Exports from Argentina (Flag) to Albania (Flag) (2023)

Latest Data

Trade between Albania (Flag) and Argentina (Flag)

Argentina Exports

Market Competitiveness

Color
Albania
Top DestinationItaly$1.72B
Argentina
Top DestinationBrazil$12.1B

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

In 2023, countries that imported more from Albania than Argentina included Italy ($1.72B), Serbia ($188M), and Greece ($409M).

In 2023, countries that imported more from Argentina than Albania included Brazil ($12.1B), United States ($6.27B), and Chile ($5.57B).

Difference in imports from Argentina (Flag) and Albania (Flag) (2023)

Comparative Advantage Albania - Argentina

Flow
Scale

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

During 2023, Albania had a large net trade with Argentina in the exports of Textiles ($172k), Metals ($138k), and Vegetable Products ($118k).

During 2018, Argentina had a large net trade with Albania in the exports of Animal Products ($4.52M), Vegetable Products ($2.66M), and Foodstuffs ($2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Argentina+$3.3kElectricity
Top Product Potential Argentina Albania+$3.24kRefined Petroleum

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 Albania and Argentina. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Albania.

Product Space of Albania (Flag) and Argentina (Flag) (2023)

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