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Pricing

2022
Flag → Flag
Exports $275kRnk 82 / 129
2022
Flag → Flag
Top Product $75.5kLeather Footwear
2022
Flag → Flag
Exports $14.1MRnk 143 / 216
2022
Flag → Flag
Top Product $4.13MMargarine
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 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$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Albania-Indonesia Trade: In 2022, Albania exported $275k to Indonesia. The main products that Albania exported to Indonesia were Leather Footwear ($75.5k), Air Pumps ($35.8k), and Knit Sweaters ($35.2k). Over the past 5 years the exports of Albania to Indonesia have increased at an annualized rate of 13.5%, from $146k in 2017 to $275k in 2022.

In 2017, Albania exported services to Indonesia worth $113k, with Travel ($113k) being the largest in terms of value.

Indonesia-Albania Trade: In 2022, Indonesia exported $14.1M to Albania. The main products that Indonesia exported to Albania were Margarine ($4.13M), Raw Aluminium ($2.5M), and Uncoated Paper ($2.02M). Over the past 5 years the exports of Indonesia to Albania have increased at an annualized rate of 7.23%,  from $9.94M in 2017 to $14.1M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $275k to Indonesia. The main products exported from Albania to Indonesia were Leather Footwear ($75.5k), Air Pumps ($35.8k), and Knit Sweaters ($35.2k). During the last 5 years the exports of Albania to Indonesia have increased at an annualized rate of 13.5%, from $146k in 2017 to $275k in 2022.

In 2017, Indonesia exported $14.1M to Albania. The main products exported from Indonesia to Albania were Margarine ($4.13M), Raw Aluminium ($2.5M), and Uncoated Paper ($2.02M). During the last 5 years the exports of Indonesia to Albania have increased at an annualized rate of 7.23%, from $9.94M in 2022 to $14.1M in 2017.

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

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

Latest Data

Trade between Albania (Flag) and Indonesia (Flag)

Albania Exports

Indonesia Exports

Market Competitiveness

Color
Albania
Top DestinationItaly$1.75B
Indonesia
Top DestinationChina$67.7B

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

In 2022, countries that imported more from Albania than Indonesia included Montenegro ($80.8M), North Macedonia ($101M), and Greece ($421M).

In 2022, countries that imported more from Indonesia than Albania included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Albania - Indonesia

Flow
Scale

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

During 2022, Albania had a large net trade with Indonesia in the exports of Footwear and Headwear ($91.1k), Textiles ($77.9k), and Machines ($57.7k).

During 2017, Indonesia had a large net trade with Albania in the exports of Animal and Vegetable Bi-Products ($5.36M), Metals ($2.5M), and Paper Goods ($2.35M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Indonesia+$246kLeather Footwear
Top Product Potential Indonesia Albania+$1.01MPalm Oil

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

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

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