2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC 
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

Albania-Vietnam Trade: In 2013, Albania exported $1.99k to Vietnam. The main products that Albania exported to Vietnam were N/A. Over the past 10 years the exports of Albania to Vietnam have decreased at an annualized rate of 28.8%, from $59.6k in 2003 to $1.99k in 2013.

In 2013, Albania did not export any services to Vietnam.

Vietnam-Albania Trade: In 2013, Vietnam exported $11.4M to Albania. The main products that Vietnam exported to Albania were N/A. Over the past 10 years the exports of Vietnam to Albania have increased at an annualized rate of 0.12%,  from $11.4M in 2003 to $11.4M in 2013.

In 2013, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, Albania exported $1.99k to Vietnam. There were not main exports from Albania to Vietnam in 2013. During the last 10 years the exports of Albania to Vietnam have decreased at an annualized rate of 28.8%, from $59.6k in 2003 to $1.99k in 2013.

In 2016, Vietnam exported $11.4M to Albania. There were not main exports from Vietnam to Albania in 2016. During the last 5 years the exports of Vietnam to Albania have increased at an annualized rate of 0.12%, from $11.4M in 2021 to $11.4M in 2016.

Exports from Albania (Flag) to Vietnam (Flag) (2021)

Exports from Vietnam (Flag) to Albania (Flag) (2021)

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Albania than Vietnam included Montenegro ($80.8M), North Macedonia ($101M), and Greece ($421M).

In 2022, countries that imported more from Vietnam than Albania included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Albania - Vietnam

Flow
Scale

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

During 2013, Albania had a large net trade with Vietnam in the exports of .

During 2016, Vietnam had a large net trade with Albania in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Vietnam+$4.64kCrude Petroleum
Top Product Potential Vietnam Albania+$4.75kTelephones

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

Product Space of Albania (Flag) and Vietnam (Flag) (2021)

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