Albania (ALB) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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Albania-Rwanda Trade: In 2022, Albania exported $461k to Rwanda. The main products that Albania exported to Rwanda were N/A. Over the past 6 years the exports of Albania to Rwanda have increased at an annualized rate of 270%, from $179 in 2016 to $461k in 2022.

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

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

In 2022, Rwanda 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, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Albania exported $461k to Rwanda. There were not main exports from Albania to Rwanda in 2022. During the last 6 years the exports of Albania to Rwanda have increased at an annualized rate of 270%, from $179 in 2016 to $461k in 2022.

Rwanda does not register exports to Albania. The main products exported from Rwanda to Albania were Non-Knit Women's Coats ($25.5k), Felt or Coated Fabric Garments ($4.67k), and Non-Knit Men's Coats ($809).

Exports from Albania () to Rwanda () (2023)

Exports from Rwanda () to Albania () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.72B

Rwanda
Top DestinationUnited Arab Emirates$895M

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

In 2023, countries that imported more from Albania than Rwanda included Italy ($1.72B), Greece ($409M), and Germany ($234M).

In 2023, countries that imported more from Rwanda than Albania included United Arab Emirates ($895M), Kenya ($34.5M), and Thailand ($31.5M).

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

Comparative Advantage Albania - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Albania had a large net trade with Rwanda in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Rwanda+$1.17kInsulated Wire

Top Product Potential Rwanda Albania+$1.6kCoffee

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

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Historical Data

Bilateral Trade by Products

Exports from Albania () to Rwanda () (2023)

Exports from Rwanda () to Albania () (2023)

Market Competitiveness

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

Comparative Advantage Albania - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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