Albania / Japan

Albania-Japan Trade: In 2022, Albania exported $55.8M to Japan. The main products that Albania exported to Japan were Ferroalloys ($38.3M), Leather Footwear ($3.28M), and Fish Fillets ($3.17M). Over the past 5 years the exports of Albania to Japan have increased at an annualized rate of 38.3%, from $11M in 2017 to $55.8M in 2022.

In 2017, Albania exported services to Japan worth $4.74M, with Other business services ($1.36M), Government services, n.i.e. ($1.24M), and Travel ($1.13M) being the largest in terms of value.

Japan-Albania Trade: In 2022, Japan exported $1.91M to Albania. The main products that Japan exported to Albania were Tractors ($829k), Refrigerators ($305k), and Medical Instruments ($270k). Over the past 5 years the exports of Japan to Albania have decreased at an annualized rate of 32.2%,  from $13.4M in 2017 to $1.91M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).