2022
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GDP
$18.9BCURRENT US$
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2012-2022
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GDP GROWTH
53.3%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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GDP GROWTH
68.2%CURRENT US$
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GDP PC 
$6,803CURRENT US$
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GDP PC GROWTH
60.2%CURRENT US$
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GDP PC
$15,892CURRENT US$
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GDP PC GROWTH
77.9%CURRENT US$
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About

Albania-Romania In 2022, Albania exported $38.5M to Romania. The main products that Albania exported to Romania are Non-Knit Men's Suits ($7.85M), Footwear Parts ($5.79M), and Other Furniture ($4.38M). During the last 27 years the exports of Albania to Romania have increased at an annualized rate of 24.9%, from $95.6k in 1995 to $38.5M in 2022.

In 2022, Albania did not export any services to Romania.

Romania-Albania In N/A, Romania did not export any products to Albania.

In 2022, Romania did not export any services to Albania.

Comparison In 2022,  Albania ranked 72 in the Economic Complexity Index (ECI -0.23), and 131 in total exports ($4.3B). That same year, Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $38.5M to Romania. The main products exported from Albania to Romania were Non-Knit Men's Suits ($7.85M), Footwear Parts ($5.79M), and Other Furniture ($4.38M). During the last 27 years the exports of Albania to Romania have increased at an annualized rate of 24.9%, from $95.6k in 1995 to $38.5M in 2022.

Romania does not register exports to Albania.

Exports from Albania (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Albania (Flag) (2022)

Latest Data

Trade between Albania (Flag) and Romania (Flag)

Albania Exports

Romania Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Romania
Top Destination
Germany$18.8B

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

In 2021, countries that imported more from Albania than Romania were Montenegro ($80.8M), Malta ($27.4M), and Zimbabwe ($257k).

In 2021, countries that imported more from Romania than Albania were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

Difference in imports from Romania (Flag) and Albania (Flag) (2022)

Comparative Advantage Albania - Romania

Flow
Scale

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

During 2022, Albania had a large net trade with Romania in the exports of Textiles ($13M), Footwear and Headwear ($6.01M), and Metals ($5.57M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Albania has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Albania.

Product Space of Albania (Flag) and Romania (Flag) (2022)

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