Albania / Serbia

Albania-Serbia Trade: In 2022, Albania exported $89.3M to Serbia. The main products that Albania exported to Serbia were Nitrogenous Fertilizers ($18.5M), Tomatoes ($10.6M), and Raw Iron Bars ($6.13M). Over the past 5 years the exports of Albania to Serbia have decreased at an annualized rate of 7.29%, from $130M in 2017 to $89.3M in 2022.

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

Serbia-Albania Trade: 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). Over the past 5 years the exports of Serbia to Albania have increased at an annualized rate of 5.83%,  from $162M in 2017 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 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).