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2022
Flag → Flag
Exports $39.1MRnk 112 / 215
2022
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Top Product $29.2MCars
2022
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Exports $16.4MRnk 28 / 129
2022
Flag → Flag
Top Product $3.18MFerroalloys
2022
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Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
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Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
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GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
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 GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
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GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
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GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
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GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
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GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

Canada-Albania In 2022, Canada exported $39.1M to Albania. The main products that Canada exported to Albania are Cars ($29.2M), Crustaceans ($4.26M), and Liquid Pumps ($779k). During the last 27 years the exports of Canada to Albania have increased at an annualized rate of 12.9%, from $1.47M in 1995 to $39.1M in 2022.

In 2022, Canada did not export any services to Albania.

Albania-Canada In 2022, Albania exported $16.4M to Canada. The main products that Albania exported to Canada were Ferroalloys ($3.18M), Aluminium Bars ($2.35M), and Leather Footwear ($1.82M). During the last 27 years the exports of Albania to Canada have increased at an annualized rate of 12%, from $765k in 1995 to $16.4M in 2022.

In 2017, Albania exported services to Canada worth $12.1M, with Travel ($9.04M), Other business services ($2.49M), and Transportation ($339k) being the largest in terms of value.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Latest Trends

February, 2024

About

Overview In February 2024, Canada exported C$5.75M and imported C$1.95M from Albania, resulting in a positive trade balance of C$3.8M. Between February 2023 and February 2024 the exports of Canada have increased by C$263k (4.8%) from C$5.49M to C$5.75M, while imports increased by C$176k (9.97%) from C$1.77M to C$1.95M.

Trade In February 2024, the top exports of Canada to Albania were Cars (C$2.85M), Crustaceans (C$341k), Pig Meat (C$265k), Other Edible Preparations (C$82.1k), and Poultry Meat (C$58.9k). In February 2024 the top imports of Canada from Albania were Aluminium Bars (C$560k), Ferroalloys (C$319k), Non-Knit Women's Suits (C$103k), Centrifuges (C$102k), and Knit T-shirts (C$101k).

Origins In February 2024 the exports of Canada were mainly from Ontario (C$4.81M), Quebec (C$706k), British Columbia (C$116k), Alberta (C$59.4k), and Saskatchewan (C$51k), while imports destinations were mainly Ontario (C$1.47M), Quebec (C$401k), British Columbia (C$51k), Alberta (C$20.7k), and Manitoba (C$5.1k).

Growth In February 2024, the increase in Canada's year-by-year exports to Albania was explained primarily by an increase in product exports in Crustaceans (C$216k or 173%), Pig Meat (C$66.6k or 33.5%), and Other Edible Preparations (C$58.3k or 245%). In February 2024, the increase in Canada's year-by-year imports  from Albania was explained primarily by an increase in product imports  in Aluminium Bars (C$343k or 159%), Ferroalloys (C$251k or 365%), and Centrifuges (C$99.6k or 3.76k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)C$263k(4.8%)
IMPORT GROWTH (February 2023 - February 2024)C$176k(9.97%)
MAIN EXPORTER (February 2024)OntarioC$4.81M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Albania and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $39.1M to Albania. The main products exported from Canada to Albania were Cars ($29.2M), Crustaceans ($4.26M), and Liquid Pumps ($779k). During the last 27 years the exports of Canada to Albania have increased at an annualized rate of 12.9%, from $1.47M in 1995 to $39.1M in 2022.

In 2022, Albania exported $16.4M to Canada. The main products exported from Albania to Canada were Ferroalloys ($3.18M), Aluminium Bars ($2.35M), and Leather Footwear ($1.82M). During the last 27 years the exports of Albania to Canada have increased at an annualized rate of 12%, from $765k in 1995 to $16.4M in 2022.

Exports from Canada (Flag) to Albania (Flag) (2022)

Exports from Albania (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Albania
Top DestinationItaly$1.75B

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

In 2021, countries that imported more from Canada than Albania were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Albania than Canada were Greece ($421M), North Macedonia ($101M), and Montenegro ($80.8M).

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

Comparative Advantage Canada - Albania

Flow
Scale

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

During 2022, Canada had a large net trade with Albania in the exports of Transportation ($29.4M), Animal Products ($5.16M), and Machines ($1.81M).

During 2022, Albania had a large net trade with Canada in the exports of Metals ($5.89M), Textiles ($4.77M), and Footwear and Headwear ($2.59M).

Service Trade

Bilateral Service Trade

In 2017, Albania exported services to Canada worth $12.1M, with Travel ($9.04M), Other business services ($2.49M), and Transportation ($339k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Albania (Flag) to Canada (Flag) (2017)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Canada has comparative advantage over Albania. Similarly, the more yellow a dot/product is, the more Albania has comparative advantage over Canada.

Product Space of Canada (Flag) and Albania (Flag) (2022)

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