2023
Flag  
GDP
$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH
84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
GDP PC 
$8,575CURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP PC GROWTH
94.3%CURRENT US$
Rnk 10 / 195

About

Albania-Chinese Taipei Trade: In 2023, Albania exported $2.45M to Chinese Taipei. The main products that Albania exported to Chinese Taipei were Non-Knit Women's Suits ($443k), Non-Knit Women's Coats ($365k), and Knit T-shirts ($211k). Over the past 5 years the exports of Albania to Chinese Taipei have decreased at an annualized rate of 17.8%, from $6.5M in 2018 to $2.45M in 2023.

In 2023, Albania did not export any services to Chinese Taipei.

Chinese Taipei-Albania Trade: In 2023, Chinese Taipei exported $17.4M to Albania. The main products that Chinese Taipei exported to Albania were Computers ($4.05M), Styrene Polymers ($2.61M), and Broadcasting Equipment ($2.35M). Over the past 5 years the exports of Chinese Taipei to Albania have increased at an annualized rate of 31.7%,  from $4.38M in 2018 to $17.4M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Albania exported $2.45M to Chinese Taipei. The main products exported from Albania to Chinese Taipei were Non-Knit Women's Suits ($443k), Non-Knit Women's Coats ($365k), and Knit T-shirts ($211k). During the last 5 years the exports of Albania to Chinese Taipei have decreased at an annualized rate of 17.8%, from $6.5M in 2018 to $2.45M in 2023.

In 2018, Chinese Taipei exported $17.4M to Albania. The main products exported from Chinese Taipei to Albania were Computers ($4.05M), Styrene Polymers ($2.61M), and Broadcasting Equipment ($2.35M). During the last 5 years the exports of Chinese Taipei to Albania have increased at an annualized rate of 31.7%, from $4.38M in 2023 to $17.4M in 2018.

Exports from Albania (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Albania (Flag) (2023)

Market Competitiveness

Color
Albania
Top Destination
Italy$1.72B
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Albania than Chinese Taipei included Greece ($409M), Serbia ($188M), and North Macedonia ($134M).

In 2023, countries that imported more from Chinese Taipei than Albania included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Albania (Flag) (2023)

Comparative Advantage Albania - Chinese Taipei

Flow
Scale

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

During 2023, Albania had a large net trade with Chinese Taipei in the exports of Textiles ($1.63M), Machines ($247k), and Foodstuffs ($158k).

During 2018, Chinese Taipei had a large net trade with Albania in the exports of Machines ($8.64M), Plastics and Rubbers ($3.37M), and Metals ($1.7M).

Economic Complexity

Competitive Landscape

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

Product Space of Albania (Flag) and Chinese Taipei (Flag) (2023)

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