2023
Flag  
GDP
$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH
84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC 
$8,575CURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP PC GROWTH
94.3%CURRENT US$
Rnk 10 / 195
2023
Flag
GDP PC
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Albania-Indonesia Trade: In 2023, Albania exported $530k to Indonesia. The main products that Albania exported to Indonesia were Leather Footwear ($215k), Equine and Bovine Hides ($114k), and Paper Containers ($50.2k). Over the past 5 years the exports of Albania to Indonesia have increased at an annualized rate of 11.3%, from $311k in 2018 to $530k in 2023.

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

Indonesia-Albania Trade: In 2023, Indonesia exported $15.9M to Albania. The main products that Indonesia exported to Albania were Palm Oil ($2.35M), Textile Footwear ($1.86M), and Seats ($1.38M). Over the past 5 years the exports of Indonesia to Albania have increased at an annualized rate of 10.9%,  from $9.48M in 2018 to $15.9M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Albania exported $530k to Indonesia. The main products exported from Albania to Indonesia were Leather Footwear ($215k), Equine and Bovine Hides ($114k), and Paper Containers ($50.2k). During the last 5 years the exports of Albania to Indonesia have increased at an annualized rate of 11.3%, from $311k in 2018 to $530k in 2023.

In 2018, Indonesia exported $15.9M to Albania. The main products exported from Indonesia to Albania were Palm Oil ($2.35M), Textile Footwear ($1.86M), and Seats ($1.38M). During the last 5 years the exports of Indonesia to Albania have increased at an annualized rate of 10.9%, from $9.48M in 2023 to $15.9M in 2018.

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

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

Latest Data

Trade between Albania (Flag) and Indonesia (Flag)

Albania Exports

Indonesia Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.72B
Indonesia
Top Destination
China$70.7B

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 2023, countries that imported more from Albania than Indonesia included Greece ($409M), North Macedonia ($134M), and Montenegro ($82.3M).

In 2023, countries that imported more from Indonesia than Albania included China ($70.7B), United States ($27.9B), and India ($24B).

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

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 2023, Albania had a large net trade with Indonesia in the exports of N/A.

During 2018, Indonesia had a large net trade with Albania in the exports of Footwear and Headwear ($3.57M), Animal and Vegetable Bi-Products ($2.83M), and Paper Goods ($2.15M).

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) (2023)

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