2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Albania-Ireland Trade: In 2022, Albania exported $3.13M to Ireland. The main products that Albania exported to Ireland were Leather Footwear ($1.11M), Knit Active Wear ($533k), and Knit Women's Suits ($201k). Over the past 5 years the exports of Albania to Ireland have decreased at an annualized rate of 4.39%, from $3.91M in 2017 to $3.13M in 2022.

In 2017, Albania exported services to Ireland worth $6.33M, with Other business services ($3.5M), Travel ($2.03M), and Transportation ($565k) being the largest in terms of value.

Ireland-Albania Trade: In 2022, Ireland exported $12.2M to Albania. The main products that Ireland exported to Albania were Scented Mixtures ($7.28M), Industrial Fatty Acids, Oils and Alcohols ($2.85M), and Packaged Medicaments ($902k). Over the past 5 years the exports of Ireland to Albania have increased at an annualized rate of 0.83%,  from $10.9M in 2017 to $12.2M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $3.13M to Ireland. The main products exported from Albania to Ireland were Leather Footwear ($1.11M), Knit Active Wear ($533k), and Knit Women's Suits ($201k). During the last 5 years the exports of Albania to Ireland have decreased at an annualized rate of 4.39%, from $3.91M in 2017 to $3.13M in 2022.

In 2017, Ireland exported $12.2M to Albania. The main products exported from Ireland to Albania were Scented Mixtures ($7.28M), Industrial Fatty Acids, Oils and Alcohols ($2.85M), and Packaged Medicaments ($902k). During the last 5 years the exports of Ireland to Albania have increased at an annualized rate of 0.83%, from $10.9M in 2022 to $12.2M in 2017.

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

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

Latest Data

Trade between Albania (Flag) and Ireland (Flag)

Albania Exports

Ireland Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Ireland
Top Destination
United States$70.7B

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

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

In 2022, countries that imported more from Ireland than Albania included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Albania - Ireland

Flow
Scale

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

During 2022, Albania had a large net trade with Ireland in the exports of Footwear and Headwear ($1.39M), Textiles ($1.04M), and Metals ($314k).

During 2017, Ireland had a large net trade with Albania in the exports of Chemical Products ($11.5M), Machines ($169k), and Instruments ($155k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Ireland+$1.1MLeather Footwear
Top Product Potential Ireland Albania+$2.28MPackaged Medicaments

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

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

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