Albania (ALB) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Albania-Norway Trade: In 2023, Albania exported $5.41M to Norway. The main products that Albania exported to Norway were Leather Footwear ($1.46M), Textile Footwear ($1.06M), and Rubber Footwear ($732k). Over the past 5 years the exports of Albania to Norway have increased at an annualized rate of 0.86%, from $5.19M in 2018 to $5.41M in 2023.

In 2017, Albania exported services to Norway worth $7.68M, with Travel ($4.29M), Other business services ($1.58M), and Transportation ($1.13M) being the largest in terms of value.

Norway-Albania Trade: In 2023, Norway exported $12.1M to Albania. The main products that Norway exported to Albania were Non-fillet Fresh Fish ($4.18M), Surveying Equipment ($1.38M), and Cars ($1.35M). Over the past 5 years the exports of Norway to Albania have increased at an annualized rate of 26.5%, from $3.75M in 2018 to $12.1M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Albania exported $5.41M to Norway. The main products exported from Albania to Norway were Leather Footwear ($1.46M), Textile Footwear ($1.06M), and Rubber Footwear ($732k). During the last 5 years the exports of Albania to Norway have increased at an annualized rate of 0.86%, from $5.19M in 2018 to $5.41M in 2023.

In 2018, Norway exported $12.1M to Albania. The main products exported from Norway to Albania were Non-fillet Fresh Fish ($4.18M), Surveying Equipment ($1.38M), and Cars ($1.35M). During the last 5 years the exports of Norway to Albania have increased at an annualized rate of 26.5%, from $3.75M in 2023 to $12.1M in 2018.

Exports from Albania () to Norway () (2023)

Exports from Norway () to Albania () (2023)

Latest Data

Trade between Albania () and Norway ()

Albania Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.72B

Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from Albania than Norway included North Macedonia ($134M), Montenegro ($82.3M), and Bosnia and Herzegovina ($36.1M).

In 2023, countries that imported more from Norway than Albania included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

Difference in imports from Norway () and Albania () (2023)

Comparative Advantage Albania - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Albania had a large net trade with Norway in the exports of Footwear and Headwear ($3.25M), Machines ($821k), and Textiles ($774k).

During 2018, Norway had a large net trade with Albania in the exports of Animal Products ($4.51M), Chemical Products ($2.23M), and Machines ($2.04M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Norway+$1.12MLeather Footwear

Top Product Potential Norway Albania+$192kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Norway () (2023)

Exports from Norway () to Albania () (2023)

Latest Data

Trade between Albania () and Norway ()

Albania Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Albania () (2023)

Comparative Advantage Albania - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Norway () (2023)

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