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2023
Flag → Flag
Exports $50.7MRnk 132 / 216
2023
Flag → Flag
Top Product $15MRefined Petroleum
2023
Flag → Flag
Exports $49.2MRnk 17 / 126
2023
Flag → Flag
Top Product $23MGold
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 77 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$8,575CURRENT US$
Rnk 93 / 196
2013-2023
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GDP PC GROWTH94.3%CURRENT US$
Rnk 10 / 195

About

United Arab Emirates-Albania Trade: In 2023, United Arab Emirates exported $50.7M to Albania. The main products that United Arab Emirates exported to Albania were Refined Petroleum ($15M), Broadcasting Equipment ($10.6M), and Raw Aluminium ($4.31M). Over the past 5 years the exports of United Arab Emirates to Albania have increased at an annualized rate of 22.6%, from $18.3M in 2018 to $50.7M in 2023.

In 2023, United Arab Emirates did not export any services to Albania.

Albania-United Arab Emirates Trade: In 2023, Albania exported $49.2M to United Arab Emirates. The main products that Albania exported to United Arab Emirates were Gold ($23M), Chromium Ore ($12.1M), and Precious Metal Scraps ($5.9M). Over the past 5 years the exports of Albania to United Arab Emirates have increased at an annualized rate of 36.4%,  from $10.4M in 2018 to $49.2M in 2023.

In 2023, Albania did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $50.7M to Albania. The main products exported from United Arab Emirates to Albania were Refined Petroleum ($15M), Broadcasting Equipment ($10.6M), and Raw Aluminium ($4.31M). During the last 5 years the exports of United Arab Emirates to Albania have increased at an annualized rate of 22.6%, from $18.3M in 2018 to $50.7M in 2023.

In 2018, Albania exported $49.2M to United Arab Emirates. The main products exported from Albania to United Arab Emirates were Gold ($23M), Chromium Ore ($12.1M), and Precious Metal Scraps ($5.9M). During the last 5 years the exports of Albania to United Arab Emirates have increased at an annualized rate of 36.4%, from $10.4M in 2023 to $49.2M in 2018.

Exports from United Arab Emirates (Flag) to Albania (Flag) (2023)

Exports from Albania (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Albania (Flag)

United Arab Emirates Exports

Albania Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Albania
Top DestinationItaly$1.72B

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

In 2023, countries that imported more from United Arab Emirates than Albania included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Albania than United Arab Emirates included North Macedonia ($134M), Serbia ($188M), and Slovakia ($71.5M).

Difference in imports from Albania (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Albania

Flow
Scale

This chart compares trade between United Arab Emirates and Albania by product, considering products traded by both, United Arab Emirates and Albania.

During 2023, United Arab Emirates had a large net trade with Albania in the exports of Machines ($19.5M), Mineral Products ($15M), and Metals ($5.59M).

During 2018, Albania had a large net trade with United Arab Emirates in the exports of Precious Metals ($29.5M), Mineral Products ($12.2M), and Textiles ($4.41M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Albania+$2.36MCars
Top Product Potential Albania United Arab Emirates+$2.04MGold

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

Product Space of United Arab Emirates (Flag) and Albania (Flag) (2023)

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