2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Albania-India Trade: In 2022, Albania exported $13.3M to India. The main products that Albania exported to India were Ferroalloys ($10.2M), Marble, Travertine and Alabaster ($2.29M), and Scrap Iron ($310k). Over the past 5 years the exports of Albania to India have decreased at an annualized rate of 18.3%, from $36.5M in 2017 to $13.3M in 2022.

In 2017, Albania exported services to India worth $565k, with Travel ($339k), Transportation ($113k), and Other business services ($113k) being the largest in terms of value.

India-Albania Trade: In 2022, India exported $52.5M to Albania. The main products that India exported to Albania were Unglazed Ceramics ($14.4M), Building Stone ($6.66M), and Footwear Parts ($4.98M). Over the past 5 years the exports of India to Albania have increased at an annualized rate of 17%,  from $23.9M in 2017 to $52.5M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $13.3M to India. The main products exported from Albania to India were Ferroalloys ($10.2M), Marble, Travertine and Alabaster ($2.29M), and Scrap Iron ($310k). During the last 5 years the exports of Albania to India have decreased at an annualized rate of 18.3%, from $36.5M in 2017 to $13.3M in 2022.

In 2017, India exported $52.5M to Albania. The main products exported from India to Albania were Unglazed Ceramics ($14.4M), Building Stone ($6.66M), and Footwear Parts ($4.98M). During the last 5 years the exports of India to Albania have increased at an annualized rate of 17%, from $23.9M in 2022 to $52.5M in 2017.

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

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

Latest Data

Trade between Albania (Flag) and India (Flag)

Albania Exports

India Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
India
Top Destination
United States$82.9B

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

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

In 2022, countries that imported more from India than Albania included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Albania - India

Flow
Scale

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

During 2022, Albania had a large net trade with India in the exports of Metals ($10.5M), Mineral Products ($2.29M), and Animal Hides ($198k).

During 2017, India had a large net trade with Albania in the exports of Stone And Glass ($21.6M), Footwear and Headwear ($4.98M), and Machines ($4.24M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with