2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Albania-Israel Trade: In 2022, Albania exported $2.11M to Israel. The main products that Albania exported to Israel were Other Furniture ($1.08M), Twine and Rope ($183k), and Other Construction Vehicles ($175k). Over the past 5 years the exports of Albania to Israel have increased at an annualized rate of 16.8%, from $972k in 2017 to $2.11M in 2022.

In 2022, Albania did not export any services to Israel.

Israel-Albania Trade: In 2022, Israel exported $3.68M to Albania. The main products that Israel exported to Albania were X-Ray Equipment ($945k), Raw Plastic Sheeting ($729k), and Iron Structures ($393k). Over the past 5 years the exports of Israel to Albania have decreased at an annualized rate of 14.3%,  from $7.99M in 2017 to $3.68M in 2022.

In 2022, Israel 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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Latest Data

Trade between Albania (Flag) and Israel (Flag)

Albania Exports

Israel Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from Albania than Israel included Italy ($1.75B), North Macedonia ($101M), and Montenegro ($80.8M).

In 2022, countries that imported more from Israel than Albania included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Israel+$603kOther Furniture
Top Product Potential Israel Albania+$347kRaw Plastic Sheeting

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

Product Space of Albania (Flag) and Israel (Flag) (NaN)

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