Albania (ALB) and Canada (CAN) Trade | The Observatory of Economic Complexity

About

Albania-Canada In 2022, Albania exported $16.4M to Canada. The main products that Albania exported to Canada are Ferroalloys ($3.18M), Aluminium Bars ($2.35M), and Leather Footwear ($1.82M). During the last 27 years the exports of Albania to Canada have increased at an annualized rate of 12%, from $765k in 1995 to $16.4M in 2022.

In 2017, Albania exported services to Canada worth $12.1M, with Travel ($9.04M), Other business services ($2.49M), and Transportation ($339k) being the largest in terms of value.

Canada-Albania In 2022, Canada exported $39.1M to Albania. The main products that Canada exported to Albania were Cars ($29.2M), Crustaceans ($4.26M), and Liquid Pumps ($779k). During the last 27 years the exports of Canada to Albania have increased at an annualized rate of 12.9%, from $1.47M in 1995 to $39.1M in 2022.

In 2022, Canada 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Albania exported $16.4M to Canada. The main products exported from Albania to Canada were Ferroalloys ($3.18M), Aluminium Bars ($2.35M), and Leather Footwear ($1.82M). During the last 27 years the exports of Albania to Canada have increased at an annualized rate of 12%, from $765k in 1995 to $16.4M in 2022.

In 2022, Canada exported $39.1M to Albania. The main products exported from Canada to Albania were Cars ($29.2M), Crustaceans ($4.26M), and Liquid Pumps ($779k). During the last 27 years the exports of Canada to Albania have increased at an annualized rate of 12.9%, from $1.47M in 1995 to $39.1M in 2022.

Exports from Albania () to Canada () (2022)

Exports from Canada () to Albania () (2022)

Latest Data

Trade between Albania () and Canada ()

Albania Exports

Date

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Canada
Top DestinationUnited States$438B

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

In 2021, countries that imported more from Albania than Canada were Greece ($421M), North Macedonia ($101M), and Montenegro ($80.8M).

In 2021, countries that imported more from Canada than Albania were United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada () and Albania () (2022)

Comparative Advantage Albania - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Albania had a large net trade with Canada in the exports of Metals ($5.89M), Textiles ($4.77M), and Footwear and Headwear ($2.59M).

During 2022, Canada had a large net trade with Albania in the exports of Transportation ($29.4M), Animal Products ($5.16M), and Machines ($1.81M).

Service Trade

Bilateral Service Trade

In 2017, Albania exported services to Canada worth $12.1M, with Travel ($9.04M), Other business services ($2.49M), and Transportation ($339k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Albania () to Canada () (2017)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Albania has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Albania.

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Canada () (2022)

Exports from Canada () to Albania () (2022)

Latest Data

Trade between Albania () and Canada ()

Albania Exports

Canada Exports

Market Competitiveness

Difference in imports from Canada () and Albania () (2022)

Comparative Advantage Albania - Canada

Service Trade

Bilateral Service Trade

Services Exports from Albania () to Canada () (2017)

Economic Complexity

Competitive Landscape

Product Space of Albania () and Canada () (2022)

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