2023
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GDP
$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
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GDP GROWTH
84.3%CURRENT US$
Rnk 29 / 195
2023
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 GDP
$17.8TCURRENT US$
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2013-2023
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GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
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GDP PC 
$8,575CURRENT US$
Rnk 93 / 195
2013-2023
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GDP PC GROWTH
94.3%CURRENT US$
Rnk 10 / 195
2023
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GDP PC
$12,614CURRENT US$
Rnk 80 / 196
2013-2023
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GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195

About

Albania-China Trade: In 2023, Albania exported $161M to China. The main products that Albania exported to China were Chromium Ore ($98.8M), Copper Ore ($29M), and Marble, Travertine and Alabaster ($7.82M). Over the past 5 years the exports of Albania to China have increased at an annualized rate of 11.5%, from $93.3M in 2018 to $161M in 2023.

In 2017, Albania exported services to China worth $5.42M, with Travel ($2.15M), Personal, cultural, and recreational services ($1.47M), and Communications services ($565k) being the largest in terms of value.

China-Albania Trade: In 2023, China exported $971M to Albania. The main products that China exported to Albania were Semiconductor Devices ($82.8M), Air Conditioners ($37.2M), and Cars ($36.3M). Over the past 5 years the exports of China to Albania have increased at an annualized rate of 6.44%,  from $459M in 2018 to $971M in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Albania exported $161M to China. The main products exported from Albania to China were Chromium Ore ($98.8M), Copper Ore ($29M), and Marble, Travertine and Alabaster ($7.82M). During the last 5 years the exports of Albania to China have increased at an annualized rate of 11.5%, from $93.3M in 2018 to $161M in 2023.

In 2018, China exported $971M to Albania. The main products exported from China to Albania were Semiconductor Devices ($82.8M), Air Conditioners ($37.2M), and Cars ($36.3M). During the last 5 years the exports of China to Albania have increased at an annualized rate of 6.44%, from $459M in 2023 to $971M in 2018.

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

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

Latest Data

Trade between Albania (Flag) and China (Flag)

Albania Exports

China Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.72B
China
Top Destination
United States$436B

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

In 2023, no countries were registered that imported more from Albania than from China.

In 2023, countries that imported more from China than Albania included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage Albania - China

Flow
Scale

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

During 2023, Albania had a large net trade with China in the exports of Mineral Products ($136M), Textiles ($18.1M), and Transportation ($1.89M).

During 2018, China had a large net trade with Albania in the exports of Machines ($401M), Metals ($127M), and Textiles ($121M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania China+$15.6MCopper Ore
Top Product Potential China Albania+$9.18MComputers

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

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

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