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Pricing

2021
Flag → Flag
Exports $8.11kRnk 28 / 0
2021
Flag → Flag
Exports $109kRnk 33 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC $6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH0.099%CURRENT US$
Rnk 140 / 186

About

Albania-Burundi Trade: In 2021, Albania exported $8.11k to Burundi. The main products that Albania exported to Burundi were N/A. Over the past 8 years the exports of Albania to Burundi have decreased at an annualized rate of 13.4%, from $25.6k in 2013 to $8.11k in 2021.

In 2021, Albania did not export any services to Burundi.

Burundi-Albania Trade: In 2021, Burundi exported $109k to Albania. The main products that Burundi exported to Albania were N/A. Over the past 8 years the exports of Burundi to Albania have increased at an annualized rate of 1.43%,  from $101k in 2013 to $109k in 2021.

In 2021, Burundi did not export any services to Albania.

Comparison In 2022,  Albania ranked 77 in the Economic Complexity Index (ECI -0.24),  and 131 in total exports ($4.3B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Albania exported $8.11k to Burundi. There were not main exports from Albania to Burundi in 2021. During the last 8 years the exports of Albania to Burundi have decreased at an annualized rate of 13.4%, from $25.6k in 2013 to $8.11k in 2021.

In 2006, Burundi exported $109k to Albania. There were not main exports from Burundi to Albania in 2006. During the last 5 years the exports of Burundi to Albania have increased at an annualized rate of 1.43%, from $101k in 2011 to $109k in 2006.

Exports from Albania (Flag) to Burundi (Flag) (2021)

Exports from Burundi (Flag) to Albania (Flag) (2021)

Market Competitiveness

Color
Albania
Top DestinationItaly$1.75B
Burundi
Top DestinationUnited Arab Emirates$59.9M

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

In 2022, countries that imported more from Albania than Burundi included Italy ($1.75B), Greece ($421M), and Spain ($309M).

In 2022, countries that imported more from Burundi than Albania included United Arab Emirates ($59.9M), Democratic Republic of the Congo ($25.7M), and Sudan ($9.21M).

Difference in imports from Burundi (Flag) and Albania (Flag) (2022)

Comparative Advantage Albania - Burundi

Flow
Scale

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

During 2021, Albania had a large net trade with Burundi in the exports of .

During 2006, Burundi had a large net trade with Albania in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Burundi+$1.41kRefined Petroleum
Top Product Potential Burundi Albania+$1.61kRefined 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 Burundi. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Burundi. Similarly, a dot/product with the flag of Burundi indicates it has a comparative advantage over Albania.

Product Space of Albania (Flag) and Burundi (Flag) (2021)

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