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Pricing

2022
Flag → Flag
Exports $10.2kRnk 117 / 129
2022
Flag → Flag
Top Product $6.27kSeats
2022
Flag → Flag
Exports $174kRnk 96 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC $6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Albania-Trinidad and Tobago Trade: In 2022, Albania exported $10.2k to Trinidad and Tobago. The main products that Albania exported to Trinidad and Tobago were Seats ($6.27k), Hard Liquor ($2.19k), and Wine ($882). Over the past 5 years the exports of Albania to Trinidad and Tobago have decreased at an annualized rate of 18.9%, from $29k in 2017 to $10.2k in 2022.

In 2022, Albania did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Albania In N/A, Trinidad and Tobago did not export any products to Albania.

In 2022, Trinidad and Tobago did not export any services to Albania.

Comparison In 2022,  Albania ranked 77 in the Economic Complexity Index (ECI -0.24),  and 131 in total exports ($4.3B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $10.2k to Trinidad and Tobago. The main products exported from Albania to Trinidad and Tobago were Seats ($6.27k), Hard Liquor ($2.19k), and Wine ($882). During the last 5 years the exports of Albania to Trinidad and Tobago have decreased at an annualized rate of 18.9%, from $29k in 2017 to $10.2k in 2022.

Trinidad and Tobago does not register exports to Albania.

Exports from Albania (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Albania (Flag) (2022)

Market Competitiveness

Color
Albania
Top DestinationItaly$1.75B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Albania than Trinidad and Tobago included Italy ($1.75B), Greece ($421M), and North Macedonia ($101M).

In 2022, countries that imported more from Trinidad and Tobago than Albania included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Albania (Flag) (2022)

Comparative Advantage Albania - Trinidad and Tobago

Flow
Scale

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

During 2022, Albania had a large net trade with Trinidad and Tobago in the exports of Miscellaneous ($6.27k), Foodstuffs ($3.07k), and Footwear and Headwear ($405).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Trinidad and Tobago+$1.88kRefined Petroleum
Top Product Potential Trinidad and Tobago Albania+$2.66kPetroleum Gas

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

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

Product Space of Albania (Flag) and Trinidad and Tobago (Flag) (2022)

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