2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186

About

United Arab Emirates-Albania Trade: In 2022, United Arab Emirates exported $24.5M to Albania. The main products that United Arab Emirates exported to Albania were Raw Aluminium ($4.31M), Broadcasting Equipment ($4.04M), and Synthetic Filament Yarn Woven Fabric ($3.03M). Over the past 5 years the exports of United Arab Emirates to Albania have increased at an annualized rate of 15.5%, from $11.9M in 2017 to $24.5M in 2022.

In 2022, United Arab Emirates did not export any services to Albania.

Albania-United Arab Emirates Trade: In 2022, Albania exported $11.5M to United Arab Emirates. The main products that Albania exported to United Arab Emirates were Gold ($2.52M), Leather Footwear ($1.27M), and Ferroalloys ($1.24M). Over the past 5 years the exports of Albania to United Arab Emirates have increased at an annualized rate of 5.43%,  from $8.84M in 2017 to $11.5M in 2022.

In 2022, Albania did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $24.5M to Albania. The main products exported from United Arab Emirates to Albania were Raw Aluminium ($4.31M), Broadcasting Equipment ($4.04M), and Synthetic Filament Yarn Woven Fabric ($3.03M). During the last 5 years the exports of United Arab Emirates to Albania have increased at an annualized rate of 15.5%, from $11.9M in 2017 to $24.5M in 2022.

In 2017, Albania exported $11.5M to United Arab Emirates. The main products exported from Albania to United Arab Emirates were Gold ($2.52M), Leather Footwear ($1.27M), and Ferroalloys ($1.24M). During the last 5 years the exports of Albania to United Arab Emirates have increased at an annualized rate of 5.43%, from $8.84M in 2022 to $11.5M in 2017.

Exports from United Arab Emirates (Flag) to Albania (Flag) (2022)

Exports from Albania (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

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

United Arab Emirates Exports

Albania Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Albania
Top Destination
Italy$1.75B

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 2022, countries that imported more from United Arab Emirates than Albania included India ($51B), Japan ($40.9B), and China ($32.5B).

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

Difference in imports from Albania (Flag) and United Arab Emirates (Flag) (2022)

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 2022, United Arab Emirates had a large net trade with Albania in the exports of Machines ($8.86M), Metals ($4.87M), and Textiles ($3.89M).

During 2017, Albania had a large net trade with United Arab Emirates in the exports of Textiles ($4.09M), Precious Metals ($3.42M), and Footwear and Headwear ($1.49M).

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) (2022)

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