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2023
Flag → Flag
Exports $27.5MRnk 25 / 126
2023
Flag → Flag
Top Product $10.9MFerroalloys
2023
Flag → Flag
Exports $122MRnk 114 / 224
2023
Flag → Flag
Top Product $17.9MFlavored Water
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 77 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC $8,575CURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP PC GROWTH94.3%CURRENT US$
Rnk 10 / 195
2023
Flag
GDP PC$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Albania-Netherlands Trade: In 2023, Albania exported $27.5M to Netherlands. The main products that Albania exported to Netherlands were Ferroalloys ($10.9M), Leather Footwear ($4.99M), and Excavation Machinery ($1.89M). Over the past 5 years the exports of Albania to Netherlands have increased at an annualized rate of 28.5%, from $7.85M in 2018 to $27.5M in 2023.

In 2017, Albania exported services to Netherlands worth $13.1M, with Travel ($7.91M), Transportation ($2.26M), and Other business services ($1.81M) being the largest in terms of value.

Netherlands-Albania Trade: In 2023, Netherlands exported $122M to Albania. The main products that Netherlands exported to Albania were Flavored Water ($17.9M), Other Printed Material ($9.28M), and Crustaceans ($8.24M). Over the past 5 years the exports of Netherlands to Albania have increased at an annualized rate of 10.1%,  from $75.3M in 2018 to $122M in 2023.

In 2003, Netherlands exported services to Albania worth $0, with being the largest in terms of value.

Comparison: In 2023,  Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B). That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Albania exported $27.5M to Netherlands. The main products exported from Albania to Netherlands were Ferroalloys ($10.9M), Leather Footwear ($4.99M), and Excavation Machinery ($1.89M). During the last 5 years the exports of Albania to Netherlands have increased at an annualized rate of 28.5%, from $7.85M in 2018 to $27.5M in 2023.

In 2018, Netherlands exported $122M to Albania. The main products exported from Netherlands to Albania were Flavored Water ($17.9M), Other Printed Material ($9.28M), and Crustaceans ($8.24M). During the last 5 years the exports of Netherlands to Albania have increased at an annualized rate of 10.1%, from $75.3M in 2023 to $122M in 2018.

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

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

Latest Data

Trade between Albania (Flag) and Netherlands (Flag)

Albania Exports

Netherlands Exports

Market Competitiveness

Color
Albania
Top DestinationItaly$1.72B
Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Albania than Netherlands included Montenegro ($82.3M).

In 2023, countries that imported more from Netherlands than Albania included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Albania - Netherlands

Flow
Scale

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

During 2023, Albania had a large net trade with Netherlands in the exports of Metals ($11.6M), Footwear and Headwear ($5.11M), and Machines ($3.59M).

During 2018, Netherlands had a large net trade with Albania in the exports of Foodstuffs ($29.1M), Machines ($17.8M), and Animal Products ($14.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Netherlands+$7.15MFerroalloys
Top Product Potential Netherlands Albania+$4.91MPackaged 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 Netherlands. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Albania.

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

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