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2023
Flag → Flag
Exports $398kRnk 78 / 126
2023
Flag → Flag
Top Product $89.9kLeather Footwear
2023
Flag → Flag
Exports $772kRnk 172 / 206
2023
Flag → Flag
Top Product $557kSheep and Goat Meat
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 77 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
Flag  
GDP$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
 GDP$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH32.1%CURRENT US$
Rnk 110 / 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$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 127 / 195

About

Albania-New Zealand Trade: In 2023, Albania exported $398k to New Zealand. The main products that Albania exported to New Zealand were Leather Footwear ($89.9k), Perfume Plants ($40.8k), and Knit T-shirts ($36.8k). Over the past 5 years the exports of Albania to New Zealand have decreased at an annualized rate of 6.43%, from $555k in 2018 to $398k in 2023.

In 2017, Albania exported services to New Zealand worth $678k, with Travel ($565k) and Transportation ($113k) being the largest in terms of value.

New Zealand-Albania Trade: In 2023, New Zealand exported $772k to Albania. The main products that New Zealand exported to Albania were Sheep and Goat Meat ($557k), Coral and Shells ($150k), and Honey ($29.4k). Over the past 5 years the exports of New Zealand to Albania have increased at an annualized rate of 15.4%,  from $104k in 2018 to $772k in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Albania exported $398k to New Zealand. The main products exported from Albania to New Zealand were Leather Footwear ($89.9k), Perfume Plants ($40.8k), and Knit T-shirts ($36.8k). During the last 5 years the exports of Albania to New Zealand have decreased at an annualized rate of 6.43%, from $555k in 2018 to $398k in 2023.

In 2018, New Zealand exported $772k to Albania. The main products exported from New Zealand to Albania were Sheep and Goat Meat ($557k), Coral and Shells ($150k), and Honey ($29.4k). During the last 5 years the exports of New Zealand to Albania have increased at an annualized rate of 15.4%, from $104k in 2023 to $772k in 2018.

Exports from Albania (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Albania (Flag) (2023)

Latest Data

Trade between Albania (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
Albania
Top DestinationItaly$1.72B
New Zealand
Top DestinationChina$12.3B

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

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

In 2023, countries that imported more from New Zealand than Albania included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand (Flag) and Albania (Flag) (2023)

Comparative Advantage Albania - New Zealand

Flow
Scale

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

During 2023, Albania had a large net trade with New Zealand in the exports of Textiles ($202k), Footwear and Headwear ($91.5k), and Vegetable Products ($41.5k).

During 2018, New Zealand had a large net trade with Albania in the exports of Animal Products ($737k), Chemical Products ($18.3k), and Paper Goods ($7.49k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania New Zealand+$143kLeather Footwear
Top Product Potential New Zealand Albania+$78.8kMolluscs

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

Product Space of Albania (Flag) and New Zealand (Flag) (2023)

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