Albania (ALB) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Albania-Malaysia Trade: In 2022, Albania exported $439k to Malaysia. The main products that Albania exported to Malaysia were Leather Footwear ($147k), Ferroalloys ($67.8k), and Perfume Plants ($45.6k). Over the past 5 years the exports of Albania to Malaysia have increased at an annualized rate of 10.7%, from $264k in 2017 to $439k in 2022.

In 2017, Albania exported services to Malaysia worth $1.24M, with Travel ($1.24M) being the largest in terms of value.

Malaysia-Albania Trade: In 2022, Malaysia exported $3.09M to Albania. The main products that Malaysia exported to Albania were Palm Oil ($1.31M), Rubber Apparel ($844k), and Electric Heaters ($143k). Over the past 5 years the exports of Malaysia to Albania have decreased at an annualized rate of 4.96%, from $3.99M in 2017 to $3.09M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Albania exported $439k to Malaysia. The main products exported from Albania to Malaysia were Leather Footwear ($147k), Ferroalloys ($67.8k), and Perfume Plants ($45.6k). During the last 5 years the exports of Albania to Malaysia have increased at an annualized rate of 10.7%, from $264k in 2017 to $439k in 2022.

In 2017, Malaysia exported $3.09M to Albania. The main products exported from Malaysia to Albania were Palm Oil ($1.31M), Rubber Apparel ($844k), and Electric Heaters ($143k). During the last 5 years the exports of Malaysia to Albania have decreased at an annualized rate of 4.96%, from $3.99M in 2022 to $3.09M in 2017.

Exports from Albania () to Malaysia () (2022)

Exports from Malaysia () to Albania () (2022)

Latest Data

Trade between Albania () and Malaysia ()

Albania Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Albania than Malaysia included Greece ($421M), Montenegro ($80.8M), and North Macedonia ($101M).

In 2022, countries that imported more from Malaysia than Albania included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

Difference in imports from Malaysia () and Albania () (2022)

Comparative Advantage Albania - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Albania had a large net trade with Malaysia in the exports of Footwear and Headwear ($175k), Machines ($82.9k), and Metals ($72.5k).

During 2017, Malaysia had a large net trade with Albania in the exports of Animal and Vegetable Bi-Products ($1.37M), Plastics and Rubbers ($860k), and Machines ($502k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Malaysia+$376kLeather Footwear

Top Product Potential Malaysia Albania+$632kPalm Oil

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Malaysia () (2022)

Exports from Malaysia () to Albania () (2022)

Latest Data

Trade between Albania () and Malaysia ()

Albania Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Albania () (2022)

Comparative Advantage Albania - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Malaysia () (2022)

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