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Pricing

2023
Flag → Flag
Exports $10.4MRnk 33 / 126
2023
Flag → Flag
Top Product $3.32MElectric Generating Sets
2023
Flag → Flag
Exports $37.2MRnk 67 / 193
2023
Flag → Flag
Top Product $12.7MSeed Oils
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 77 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.39Rnk 47 / 132
2023
Flag  
GDP$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
 GDP$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH-6.16%CURRENT US$
Rnk 179 / 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$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 95 / 195

About

Albania-Ukraine Trade: In 2023, Albania exported $10.4M to Ukraine. The main products that Albania exported to Ukraine were Electric Generating Sets ($3.32M), Cabbages ($1.5M), and Petroleum Gas ($1.41M). Over the past 5 years the exports of Albania to Ukraine have increased at an annualized rate of 23.5%, from $3.63M in 2018 to $10.4M in 2023.

In 2023, Albania did not export any services to Ukraine.

Ukraine-Albania Trade: In 2023, Ukraine exported $37.2M to Albania. The main products that Ukraine exported to Albania were Seed Oils ($12.7M), Wheat ($12.1M), and Hot-Rolled Iron ($3.02M). Over the past 5 years the exports of Ukraine to Albania have increased at an annualized rate of 9.13%,  from $24.1M in 2018 to $37.2M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Albania exported $10.4M to Ukraine. The main products exported from Albania to Ukraine were Electric Generating Sets ($3.32M), Cabbages ($1.5M), and Petroleum Gas ($1.41M). During the last 5 years the exports of Albania to Ukraine have increased at an annualized rate of 23.5%, from $3.63M in 2018 to $10.4M in 2023.

In 2018, Ukraine exported $37.2M to Albania. The main products exported from Ukraine to Albania were Seed Oils ($12.7M), Wheat ($12.1M), and Hot-Rolled Iron ($3.02M). During the last 5 years the exports of Ukraine to Albania have increased at an annualized rate of 9.13%, from $24.1M in 2023 to $37.2M in 2018.

Exports from Albania (Flag) to Ukraine (Flag) (2023)

Exports from Ukraine (Flag) to Albania (Flag) (2023)

Latest Data

Trade between Albania (Flag) and Ukraine (Flag)

Albania Exports

Ukraine Exports

Market Competitiveness

Color
Albania
Top DestinationItaly$1.72B
Ukraine
Top DestinationPoland$4.83B

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

In 2023, countries that imported more from Albania than Ukraine included Greece ($409M), North Macedonia ($134M), and Montenegro ($82.3M).

In 2023, countries that imported more from Ukraine than Albania included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

Difference in imports from Ukraine (Flag) and Albania (Flag) (2023)

Comparative Advantage Albania - Ukraine

Flow
Scale

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

During 2023, Albania had a large net trade with Ukraine in the exports of Machines ($3.96M), Vegetable Products ($3.15M), and Mineral Products ($1.41M).

During 2018, Ukraine had a large net trade with Albania in the exports of Vegetable Products ($14.3M), Animal and Vegetable Bi-Products ($13.1M), and Metals ($3.71M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Ukraine+$3.38kRefined Petroleum
Top Product Potential Ukraine Albania+$3.08kSeed Oils

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 Ukraine. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Albania.

Product Space of Albania (Flag) and Ukraine (Flag) (2023)

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