2023
Flag  
GDP
$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH
84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
 GDP
$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH
34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC 
$8,575CURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP PC GROWTH
94.3%CURRENT US$
Rnk 10 / 195
2023
Flag
GDP PC
$13,790CURRENT US$
Rnk 75 / 196
2013-2023
Flag
GDP PC GROWTH
22.9%CURRENT US$
Rnk 94 / 195

About

Albania-Mexico Trade: In 2023, Albania exported $279k to Mexico. The main products that Albania exported to Mexico were Other Knit Garments ($119k), Non-Knit Women's Suits ($42.5k), and Knit T-shirts ($41.2k). Over the past 5 years the exports of Albania to Mexico have decreased at an annualized rate of 28.7%, from $1.51M in 2018 to $279k in 2023.

In 2017, Albania exported services to Mexico worth $452k, with Travel ($339k) and Transportation ($113k) being the largest in terms of value.

Mexico-Albania Trade: In 2023, Mexico exported $6.53M to Albania. The main products that Mexico exported to Albania were Beer ($1.99M), Hard Liquor ($1.04M), and Medical Instruments ($697k). Over the past 5 years the exports of Mexico to Albania have increased at an annualized rate of 46.2%,  from $978k in 2018 to $6.53M in 2023.

In 2023, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Albania exported $279k to Mexico. The main products exported from Albania to Mexico were Other Knit Garments ($119k), Non-Knit Women's Suits ($42.5k), and Knit T-shirts ($41.2k). During the last 5 years the exports of Albania to Mexico have decreased at an annualized rate of 28.7%, from $1.51M in 2018 to $279k in 2023.

In 2018, Mexico exported $6.53M to Albania. The main products exported from Mexico to Albania were Beer ($1.99M), Hard Liquor ($1.04M), and Medical Instruments ($697k). During the last 5 years the exports of Mexico to Albania have increased at an annualized rate of 46.2%, from $978k in 2023 to $6.53M in 2018.

Exports from Albania (Flag) to Mexico (Flag) (2023)

Exports from Mexico (Flag) to Albania (Flag) (2023)

Latest Data

Trade between Albania (Flag) and Mexico (Flag)

Albania Exports

Mexico Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.72B
Mexico
Top Destination
United States$456B

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

In 2023, countries that imported more from Albania than Mexico included Italy ($1.72B), Greece ($409M), and Serbia ($188M).

In 2023, countries that imported more from Mexico than Albania included United States ($456B), Canada ($33B), and China ($15B).

Difference in imports from Mexico (Flag) and Albania (Flag) (2023)

Comparative Advantage Albania - Mexico

Flow
Scale

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

During 2023, Albania had a large net trade with Mexico in the exports of Textiles ($264k), Machines ($11.4k), and Paper Goods ($3.09k).

During 2018, Mexico had a large net trade with Albania in the exports of Foodstuffs ($3.02M), Transportation ($1.34M), and Machines ($806k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Mexico+$240kInsulated Wire
Top Product Potential Mexico Albania+$5.34kCars

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

Product Space of Albania (Flag) and Mexico (Flag) (2023)

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