Albania (ALB) and Serbia (SRB) Trade | The Observatory of Economic Complexity

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Albania-Serbia In 2022, Albania exported $89.3M to Serbia. The main products that Albania exported to Serbia are Nitrogenous Fertilizers ($18.5M), Tomatoes ($10.6M), and Raw Iron Bars ($6.13M). During the last 16 years the exports of Albania to Serbia have increased at an annualized rate of 5.51%, from $37.9M in 2006 to $89.3M in 2022.

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

Serbia-Albania In 2022, Serbia exported $215M to Albania. The main products that Serbia exported to Albania were Flavored Water ($20.2M), Wheat ($19.4M), and Corn ($13.1M). During the last 16 years the exports of Serbia to Albania have increased at an annualized rate of 10.3%, from $44.7M in 2006 to $215M in 2022.

In 2009, Serbia exported services to Albania worth $8.79M, with Direct investment ($6.21M), Other business services ($993k), and Computer and information services ($392k) being the largest in terms of value.

Comparison In 2022, Albania ranked 72 in the Economic Complexity Index (ECI -0.23), and 131 in total exports ($4.3B). That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Albania exported $89.3M to Serbia. The main products exported from Albania to Serbia were Nitrogenous Fertilizers ($18.5M), Tomatoes ($10.6M), and Raw Iron Bars ($6.13M). During the last 16 years the exports of Albania to Serbia have increased at an annualized rate of 5.51%, from $37.9M in 2006 to $89.3M in 2022.

In 2022, Serbia exported $215M to Albania. The main products exported from Serbia to Albania were Flavored Water ($20.2M), Wheat ($19.4M), and Corn ($13.1M). During the last 16 years the exports of Serbia to Albania have increased at an annualized rate of 10.3%, from $44.7M in 2006 to $215M in 2022.

Exports from Albania () to Serbia () (2022)

Exports from Serbia () to Albania () (2022)

Latest Data

Trade between Albania () and Serbia ()

Albania Exports

Date

Serbia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Serbia
Top DestinationGermany$4B

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

In 2021, countries that imported more from Albania than Serbia were Greece ($421M), Malta ($27.4M), and Senegal ($7.9M).

In 2021, countries that imported more from Serbia than Albania were Germany ($4B), Bosnia and Herzegovina ($2.14B), and Hungary ($1.69B).

Difference in imports from Serbia () and Albania () (2022)

Comparative Advantage Albania - Serbia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Albania had a large net trade with Serbia in the exports of Vegetable Products ($28.1M), Chemical Products ($18.5M), and Metals ($13.7M).

During 2022, Serbia had a large net trade with Albania in the exports of Foodstuffs ($42.2M), Vegetable Products ($37.7M), and Chemical Products ($24.6M).

Service Trade

Bilateral Service Trade

Srb Year

In 2009, Serbia exported services to Albania worth $8.79M, with Direct investment ($6.21M), Other business services ($993k), and Computer and information services ($392k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia () to Albania () (2009)

Economic Complexity

Competitive Landscape

Year

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 Serbia. Similarly, the more yellow a dot/product is, the more Serbia has comparative advantage over Albania.

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Serbia () (2022)

Exports from Serbia () to Albania () (2022)

Latest Data

Trade between Albania () and Serbia ()

Albania Exports

Serbia Exports

Market Competitiveness

Difference in imports from Serbia () and Albania () (2022)

Comparative Advantage Albania - Serbia

Service Trade

Bilateral Service Trade

Services Exports from Serbia () to Albania () (2009)

Economic Complexity

Competitive Landscape

Product Space of Albania () and Serbia () (2022)

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