2023
Flag  
GDP
$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH
84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
GDP PC 
$8,575CURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP PC GROWTH
94.3%CURRENT US$
Rnk 10 / 195

About

In N/A, Albania did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Albania Trade: In N/A, British Indian Ocean Territory exported $1.02M to Albania. The main products that British Indian Ocean Territory exported to Albania were N/A. Over the past N/A years the exports of British Indian Ocean Territory to Albania have increased at an annualized rate of 154%,  from $9.74k in N/A to $1.02M in N/A.

In N/A, British Indian Ocean Territory 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, British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Albania does not register exports to British Indian Ocean Territory.

In 2005, British Indian Ocean Territory exported $1.02M to Albania. There were not main exports from British Indian Ocean Territory to Albania in 2005. During the last 5 years the exports of British Indian Ocean Territory to Albania have increased at an annualized rate of 154%, from $9.74k in 2010 to $1.02M in 2005.

Exports from Albania (Flag) to British Indian Ocean Territory (Flag) (2010)

Exports from British Indian Ocean Territory (Flag) to Albania (Flag) (2010)

Market Competitiveness

Color
Albania
Top Destination
Italy$1.72B

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

In 2023, countries that imported more from Albania than British Indian Ocean Territory included Italy ($1.72B), Greece ($409M), and Germany ($234M).

In 2023, countries that imported more from British Indian Ocean Territory than Albania included Singapore ($20.2M), Pakistan ($1.88M), and Zambia ($23.1k).

Difference in imports from British Indian Ocean Territory (Flag) and Albania (Flag) (2023)

Comparative Advantage Albania - British Indian Ocean Territory

Flow
Scale

This chart compares trade between Albania and British Indian Ocean Territory by product, considering products traded by both, Albania and British Indian Ocean Territory.

During 2005, British Indian Ocean Territory had a large net trade with Albania in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Albania (Flag) and British Indian Ocean Territory (Flag) (2010)

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