2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC 
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Albania-Russia Trade: In 2021, Albania exported $10.5M to Russia. The main products that Albania exported to Russia were N/A. Over the past 5 years the exports of Albania to Russia have increased at an annualized rate of 128%, from $170k in 2016 to $10.5M in 2021.

In 2017, Albania exported services to Russia worth $5.54M, with Travel ($3.5M), Government services, n.i.e. ($1.69M), and Transportation ($339k) being the largest in terms of value.

Russia-Albania Trade: In 2021, Russia exported $63.8M to Albania. The main products that Russia exported to Albania were N/A. Over the past 5 years the exports of Russia to Albania have increased at an annualized rate of 92.1%,  from $2.44M in 2016 to $63.8M in 2021.

In 2020, Russia exported services to Albania worth $2.43M, with Transportation ($1.44M), Computer and information services ($380k), and Travel ($362k) being the largest in terms of value.

Comparison: In 2022,  Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Albania exported $10.5M to Russia. There were not main exports from Albania to Russia in 2021. During the last 5 years the exports of Albania to Russia have increased at an annualized rate of 128%, from $170k in 2016 to $10.5M in 2021.

In 2016, Russia exported $63.8M to Albania. There were not main exports from Russia to Albania in 2016. During the last 20 years the exports of Russia to Albania have increased at an annualized rate of 92.1%, from $2.44M in 1996 to $63.8M in 2016.

Exports from Albania (Flag) to Russia (Flag) (2021)

Exports from Russia (Flag) to Albania (Flag) (2021)

Latest Data

Trade between Albania (Flag) and Russia (Flag)

Albania Exports

Russia Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Russia
Top Destination
China$101B

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

In 2022, countries that imported more from Albania than Russia included Montenegro ($80.8M), Malta ($27.4M), and Andorra ($171k).

In 2022, countries that imported more from Russia than Albania included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Albania - Russia

Flow
Scale

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

During 2021, Albania had a large net trade with Russia in the exports of .

During 2016, Russia had a large net trade with Albania in the exports of .

Service Trade

Bilateral Service Trade

In 2017, Albania exported services to Russia worth $5.54M, with Travel ($3.5M), Government services, n.i.e. ($1.69M), and Transportation ($339k) being the largest in terms of value.

In 2020, Russia exported services to Albania worth $2.43M, with Transportation ($1.44M), Computer and information services ($380k), and Travel ($362k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Albania (Flag) to Russia (Flag) (2017)

Services Exports from Russia (Flag) to Albania (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of Albania (Flag) and Russia (Flag) (2021)

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