2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Albania-Estonia Trade: In 2022, Albania exported $6.47M to Estonia. The main products that Albania exported to Estonia were Processed Crustaceans ($10.2M), Cabbages ($539k), and Melons ($497k). Over the past 5 years the exports of Albania to Estonia have increased at an annualized rate of 454%, from $1.24k in 2017 to $6.47M in 2022.

In 2017, Albania exported services to Estonia worth $1.47M, with Other business services ($565k), Travel ($339k), and Computer and information services ($339k) being the largest in terms of value.

Estonia-Albania Trade: In 2022, Estonia exported $454k to Albania. The main products that Estonia exported to Albania were Crustaceans ($297k), Peat ($178k), and Non-fillet Frozen Fish ($157k). Over the past 5 years the exports of Estonia to Albania have increased at an annualized rate of 73.3%,  from $29.1k in 2017 to $454k in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $6.47M to Estonia. The main products exported from Albania to Estonia were Processed Crustaceans ($10.2M), Cabbages ($539k), and Melons ($497k). During the last 5 years the exports of Albania to Estonia have increased at an annualized rate of 454%, from $1.24k in 2017 to $6.47M in 2022.

In 2017, Estonia exported $454k to Albania. The main products exported from Estonia to Albania were Crustaceans ($297k), Peat ($178k), and Non-fillet Frozen Fish ($157k). During the last 21 years the exports of Estonia to Albania have increased at an annualized rate of 73.3%, from $29.1k in 1996 to $454k in 2017.

Exports from Albania (Flag) to Estonia (Flag) (2022)

Exports from Estonia (Flag) to Albania (Flag) (2022)

Latest Data

Trade between Albania (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Estonia
Top Destination
Finland$3B

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

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

In 2022, countries that imported more from Estonia than Albania included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Albania - Estonia

Flow
Scale

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

During 2022, Albania had a large net trade with Estonia in the exports of Foodstuffs ($10.2M), Vegetable Products ($1.08M), and Textiles ($255k).

During 2017, Estonia had a large net trade with Albania in the exports of Animal Products ($454k), Foodstuffs ($193k), and Mineral Products ($179k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Albania and Estonia. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Albania.

Product Space of Albania (Flag) and Estonia (Flag) (2022)

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