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Pricing

2022
Flag → Flag
Exports $9.29MRnk 34 / 129
2022
Flag → Flag
Top Product $1.82MElectric Generating Sets
2022
Flag → Flag
Exports $25.7MRnk 92 / 191
2022
Flag → Flag
Top Product $11.7MSeed Oils
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 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$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Albania-Ukraine Trade: In 2022, Albania exported $9.29M to Ukraine. The main products that Albania exported to Ukraine were Electric Generating Sets ($1.82M), Other Iron Products ($1.62M), and Cabbages ($1.19M). Over the past 5 years the exports of Albania to Ukraine have increased at an annualized rate of 11.3%, from $5.43M in 2017 to $9.29M in 2022.

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

Ukraine-Albania Trade: In 2022, Ukraine exported $25.7M to Albania. The main products that Ukraine exported to Albania were Seed Oils ($11.7M), Wheat ($4.23M), and Concentrated Milk ($2.78M). Over the past 5 years the exports of Ukraine to Albania have increased at an annualized rate of 5.55%,  from $19.6M in 2017 to $25.7M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $9.29M to Ukraine. The main products exported from Albania to Ukraine were Electric Generating Sets ($1.82M), Other Iron Products ($1.62M), and Cabbages ($1.19M). During the last 5 years the exports of Albania to Ukraine have increased at an annualized rate of 11.3%, from $5.43M in 2017 to $9.29M in 2022.

In 2017, Ukraine exported $25.7M to Albania. The main products exported from Ukraine to Albania were Seed Oils ($11.7M), Wheat ($4.23M), and Concentrated Milk ($2.78M). During the last 5 years the exports of Ukraine to Albania have increased at an annualized rate of 5.55%, from $19.6M in 2022 to $25.7M in 2017.

Exports from Albania (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Albania (Flag) (2022)

Latest Data

Trade between Albania (Flag) and Ukraine (Flag)

Albania Exports

Ukraine Exports

Market Competitiveness

Color
Albania
Top DestinationItaly$1.75B
Ukraine
Top DestinationPoland$6.7B

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 2022, countries that imported more from Albania than Ukraine included Greece ($421M), Montenegro ($80.8M), and Italy ($1.75B).

In 2022, countries that imported more from Ukraine than Albania included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

Difference in imports from Ukraine (Flag) and Albania (Flag) (2022)

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 2022, Albania had a large net trade with Ukraine in the exports of Vegetable Products ($3.52M), Machines ($1.83M), and Metals ($1.82M).

During 2017, Ukraine had a large net trade with Albania in the exports of Animal and Vegetable Bi-Products ($12.1M), Vegetable Products ($5.51M), and Animal Products ($3.37M).

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) (2022)

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