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2022
Flag → Flag
Exports $679MRnk 141 / 211
2022
Flag → Flag
Top Product $21.6MLight Fixtures
2022
Flag → Flag
Exports $164MRnk 5 / 129
2022
Flag → Flag
Top Product $115MChromium Ore
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 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 $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

China-Albania Trade: In 2022, China exported $679M to Albania. The main products that China exported to Albania were Light Fixtures ($21.6M), Iron Wire ($21.4M), and Air Conditioners ($20.6M). Over the past 5 years the exports of China to Albania have increased at an annualized rate of 10.7%, from $408M in 2017 to $679M in 2022.

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

Albania-China Trade: In 2022, Albania exported $164M to China. The main products that Albania exported to China were Chromium Ore ($115M), Copper Ore ($18.2M), and Ferroalloys ($4.45M). Over the past 5 years the exports of Albania to China have decreased at an annualized rate of 2.85%,  from $195M in 2017 to $164M in 2022.

In 2017, Albania exported services to China worth $5.42M, with Travel ($2.15M), Personal, cultural, and recreational services ($1.47M), and Communications services ($565k) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Latest Trends

September, 2024

About

Overview In September 2024, China exported $81.7M and imported $33.8M from Albania, resulting in a positive trade balance of $47.9M. Between September 2023 and September 2024 the exports of China have increased by $2.61M (3.3%) from $79M to $81.7M, while imports increased by $21M (165%) from $12.7M to $33.8M.

Trade In September 2024, the top exports of China to Albania were Iron Wire ($13.2M), Semiconductor Devices ($4.93M), Light Fixtures ($4.38M), Iron Blocks ($4.07M), and Other Furniture ($2.48M). In September 2024 the top imports of China from Albania were Chromium Ore ($9.09M), Copper Ore ($938k), Non-Knit Women's Suits ($443k), Marble, Travertine and Alabaster ($381k), and Knit Sweaters ($170k).

Origins In September 2024 the exports of China were mainly from Zhejiang Province ($30.9M), Jiangsu Province ($12.5M), Guangdong Province ($11.7M), Shandong Province ($8.69M), and Beijing ($2.2M), while imports destinations were mainly Zhejiang Province ($20.2M), Fujian Province ($2.82M), Hainan Province ($1.74M), Sichuan Province ($1.65M), and Guangdong Province ($1.42M).

Growth In September 2024, the increase in China's year-by-year exports to Albania was explained primarily by an increase in product exports in Semiconductor Devices ($4.84M or 5.51k%), Iron Blocks ($4.07M or 370k%), and Light Fixtures ($2.91M or 198%). In September 2024, the increase in China's year-by-year imports  from Albania was explained primarily by an increase in product imports  in Chromium Ore ($5.56M or 158%), Motor vehicles; parts and accessories (8701... ($111k or 1.17k%), and Knit Sweaters ($86.6k or 104%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$2.61M(3.3%)
IMPORT GROWTH (September 2023 - September 2024)$21M(165%)
MAIN EXPORTER (September 2024)Zhejiang Province$30.9M

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

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

For full datasets download visit Bulk Download page.

Explore Albania and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $679M to Albania. The main products exported from China to Albania were Light Fixtures ($21.6M), Iron Wire ($21.4M), and Air Conditioners ($20.6M). During the last 5 years the exports of China to Albania have increased at an annualized rate of 10.7%, from $408M in 2017 to $679M in 2022.

In 2017, Albania exported $164M to China. The main products exported from Albania to China were Chromium Ore ($115M), Copper Ore ($18.2M), and Ferroalloys ($4.45M). During the last 5 years the exports of Albania to China have decreased at an annualized rate of 2.85%, from $195M in 2022 to $164M in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationN/AN/A
Albania
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage China - Albania

Flow
Scale

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

During 2022, China had a large net trade with Albania in the exports of Machines ($207M), Metals ($115M), and Miscellaneous ($79.8M).

During 2017, Albania had a large net trade with China in the exports of Mineral Products ($138M), Textiles ($15.8M), and Metals ($4.47M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Albania+$9.18MComputers
Top Product Potential Albania China+$15.6MCopper Ore

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

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

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