Albania (ALB) and Burundi (BDI) Trade | The Observatory of Economic Complexity

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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 2023, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B). That same year, Burundi ranked 186 in total exports ($199M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Burundi () (2021)

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.72B

Burundi
Top DestinationUnited Arab Emirates$117M

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

In 2023, countries that imported more from Burundi than Albania included United Arab Emirates ($117M), Uganda ($16.4M), and Pakistan ($2.97M).

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

Comparative Advantage Albania - Burundi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Albania - Burundi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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