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2021
Flag → Flag
Exports $2.48MRnk 12 / 0
2021
Flag → Flag
Exports $39.9MRnk 74 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC $2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

Bangladesh-Albania Trade: In 2021, Bangladesh exported $2.48M to Albania. The main products that Bangladesh exported to Albania were N/A. Over the past 5 years the exports of Bangladesh to Albania have decreased at an annualized rate of 14.7%, from $5.49M in 2016 to $2.48M in 2021.

In 2021, Bangladesh did not export any services to Albania.

Albania-Bangladesh In N/A, Albania did not export any products to Bangladesh.

In 2021, Albania did not export any services to Bangladesh.

Comparison: In 2022,  Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). 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 2021, Bangladesh exported $2.48M to Albania. There were not main exports from Bangladesh to Albania in 2021. During the last 5 years the exports of Bangladesh to Albania have decreased at an annualized rate of 14.7%, from $5.49M in 2016 to $2.48M in 2021.

Albania does not register exports to Bangladesh.

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

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

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$11.7B
Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from Bangladesh than Albania included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

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

Comparative Advantage Bangladesh - Albania

Flow
Scale

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

During 2021, Bangladesh had a large net trade with Albania in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Albania+$3.44kKnit T-shirts
Top Product Potential Albania Bangladesh+$3.7kRefined Petroleum

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

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

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