NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $11.1MRnk 32 / 126
2023
Flag → Flag
Top Product $5.26MPetroleum Gas
2023
Flag → Flag
Exports $55.5MRnk 87 / 182
2023
Flag → Flag
Top Product $25.9MRaw Iron Bars
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 77 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 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$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Albania-Saudi Arabia Trade: In 2023, Albania exported $11.1M to Saudi Arabia. The main products that Albania exported to Saudi Arabia were Petroleum Gas ($5.26M), Aluminium Gas Containers ($2.3M), and Other Knit Garments ($653k). Over the past 5 years the exports of Albania to Saudi Arabia have increased at an annualized rate of 23.2%, from $3.91M in 2018 to $11.1M in 2023.

In 2023, Albania did not export any services to Saudi Arabia.

Saudi Arabia-Albania Trade: In 2023, Saudi Arabia exported $55.5M to Albania. The main products that Saudi Arabia exported to Albania were Raw Iron Bars ($25.9M), Refined Petroleum ($23.4M), and Ethylene Polymers ($1.64M). Over the past 5 years the exports of Saudi Arabia to Albania have increased at an annualized rate of 82.8%,  from $2.72M in 2018 to $55.5M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Albania exported $11.1M to Saudi Arabia. The main products exported from Albania to Saudi Arabia were Petroleum Gas ($5.26M), Aluminium Gas Containers ($2.3M), and Other Knit Garments ($653k). During the last 5 years the exports of Albania to Saudi Arabia have increased at an annualized rate of 23.2%, from $3.91M in 2018 to $11.1M in 2023.

In 2018, Saudi Arabia exported $55.5M to Albania. The main products exported from Saudi Arabia to Albania were Raw Iron Bars ($25.9M), Refined Petroleum ($23.4M), and Ethylene Polymers ($1.64M). During the last 5 years the exports of Saudi Arabia to Albania have increased at an annualized rate of 82.8%, from $2.72M in 2023 to $55.5M in 2018.

Exports from Albania (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Albania (Flag) (2023)

Latest Data

Trade between Albania (Flag) and Saudi Arabia (Flag)

Albania Exports

Saudi Arabia Exports

Market Competitiveness

Color
Albania
Top DestinationItaly$1.72B
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Albania than Saudi Arabia included Serbia ($188M), North Macedonia ($134M), and Montenegro ($82.3M).

In 2023, countries that imported more from Saudi Arabia than Albania included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Albania (Flag) (2023)

Comparative Advantage Albania - Saudi Arabia

Flow
Scale

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

During 2023, Albania had a large net trade with Saudi Arabia in the exports of Mineral Products ($5.26M), Metals ($2.38M), and Textiles ($1.96M).

During 2018, Saudi Arabia had a large net trade with Albania in the exports of Metals ($25.9M), Mineral Products ($23.5M), and Plastics and Rubbers ($3.92M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Saudi Arabia+$3.62kCrude Petroleum
Top Product Potential Saudi Arabia Albania+$5.71kRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Albania (Flag) and Saudi Arabia (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms