2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH
84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$8,575CURRENT US$
Rnk 93 / 196
2013-2023
Flag
GDP PC GROWTH
94.3%CURRENT US$
Rnk 10 / 195

About

Brazil-Albania Trade: In 2023, Brazil exported $79.8M to Albania. The main products that Brazil exported to Albania were Pig Meat ($22.7M), Raw Sugar ($14.2M), and Poultry Meat ($12M). Over the past 5 years the exports of Brazil to Albania have increased at an annualized rate of 11.4%, from $46.5M in 2018 to $79.8M in 2023.

In 2023, Brazil did not export any services to Albania.

Albania-Brazil Trade: In 2023, Albania exported $3.8M to Brazil. The main products that Albania exported to Brazil were Electric Motors ($923k), Drilling Machines ($678k), and Ferroalloys ($554k). Over the past 5 years the exports of Albania to Brazil have increased at an annualized rate of 20.2%,  from $1.51M in 2018 to $3.8M in 2023.

In 2017, Albania exported services to Brazil worth $1.81M, with Travel ($1.58M) and Transportation ($226k) being the largest in terms of value.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). 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, Brazil exported $79.8M to Albania. The main products exported from Brazil to Albania were Pig Meat ($22.7M), Raw Sugar ($14.2M), and Poultry Meat ($12M). During the last 5 years the exports of Brazil to Albania have increased at an annualized rate of 11.4%, from $46.5M in 2018 to $79.8M in 2023.

In 2018, Albania exported $3.8M to Brazil. The main products exported from Albania to Brazil were Electric Motors ($923k), Drilling Machines ($678k), and Ferroalloys ($554k). During the last 5 years the exports of Albania to Brazil have increased at an annualized rate of 20.2%, from $1.51M in 2023 to $3.8M in 2018.

Exports from Brazil (Flag) to Albania (Flag) (2023)

Exports from Albania (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Albania
Top Destination
Italy$1.72B

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

In 2023, countries that imported more from Brazil than Albania included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Albania than Brazil included North Macedonia ($134M), Serbia ($188M), and Montenegro ($82.3M).

Difference in imports from Albania (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Albania

Flow
Scale

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

During 2023, Brazil had a large net trade with Albania in the exports of Animal Products ($37.8M), Foodstuffs ($25M), and Vegetable Products ($8.13M).

During 2018, Albania had a large net trade with Brazil in the exports of Machines ($1.89M), Metals ($649k), and Textiles ($349k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Albania+$3.15MRaw Sugar
Top Product Potential Albania Brazil+$244kComputers

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

Product Space of Brazil (Flag) and Albania (Flag) (2023)

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