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2023
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Exports $602MRnk 89 / 220
2023
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Top Product $200MCars
2023
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Exports $234MRnk 3 / 126
2023
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Top Product $61MNon-Knit Men's Suits
2023
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Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
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Economic Complexity (ECI) ECI -0.33Rnk 77 / 132
2023
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GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
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GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
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 GDP$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
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GDP GROWTH84.3%CURRENT US$
Rnk 29 / 195
2023
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GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
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GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
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GDP PC$8,575CURRENT US$
Rnk 93 / 196
2013-2023
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GDP PC GROWTH94.3%CURRENT US$
Rnk 10 / 195

About

Germany-Albania Trade: In 2023, Germany exported $602M to Albania. The main products that Germany exported to Albania were Cars ($200M), Packaged Medicaments ($39.7M), and Delivery Trucks ($21.2M). Over the past 5 years the exports of Germany to Albania have increased at an annualized rate of 11.3%, from $353M in 2018 to $602M in 2023.

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

Albania-Germany Trade: In 2023, Albania exported $234M to Germany. The main products that Albania exported to Germany were Non-Knit Men's Suits ($61M), Leather Footwear ($25.6M), and Ferroalloys ($16.8M). Over the past 5 years the exports of Albania to Germany have increased at an annualized rate of 10.4%,  from $142M in 2018 to $234M in 2023.

In 2017, Albania exported services to Germany worth $265M, with Other business services ($108M), Travel ($78.4M), and Transportation ($48.8M) being the largest in terms of value.

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €39.9M and imported €21.3M from Albania, resulting in a positive trade balance of €18.5M. Between November 2023 and November 2024 the exports of Germany have increased by €4.37M (12.3%) from €35.5M to €39.9M, while imports increased by €722k (3.5%) from €20.6M to €21.3M.

Trade In November 2024, the top exports of Germany to Albania were Motor cars and motor caravans (€5.88M), Pharmaceutical products (€2.61M), Machinery for electricity production, distribution (€2.48M), Fabrics of man-made fibres, woven, knitted,... (€875k), and Perfumes and toilet preparations (€865k). In November 2024 the top imports of Germany from Albania were Apparel of silk, man-made fibres, excl.... (€4.61M), Footwear (€3.15M), Apparel of cotton, excl. of knitted... (€2.07M), Apparel of knitted or crocheted fabrics... (€1.57M), and Other raw material for chemical products (€1.24M).

Origins In November 2024 the exports of Germany were mainly from Bavaria (€6.57M), North Rhine-Westphalia (€4.06M), Baden-Württemberg (€3.17M), Lower Saxony (€3.13M), and Hesse (€1.6M), while imports destinations were mainly Bavaria (€6.27M), North Rhine-Westphalia (€4.09M), Baden-Württemberg (€2.49M), Rhineland-Pfalz (€2.38M), and Hesse (€2.23M).

Growth In November 2024, the increase in Germany's year-by-year exports to Albania was explained primarily by an increase in product exports in Motor cars and motor caravans (€2.59M or 78.9%), Machinery for electricity production, distribution (€1.68M or 208%), and Perfumes and toilet preparations (€547k or 172%). In November 2024, the increase in Germany's year-by-year imports  from Albania was explained primarily by an increase in product imports  in Apparel of silk, man-made fibres, excl.... (€2.74M or 146%), Footwear (€1.14M or 56.6%), and Apparel of cotton, excl. of knitted... (€602k or 41%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€4.37M(12.3%)
IMPORT GROWTH (November 2023 - November 2024)€722k(3.5%)
MAIN EXPORTER (November 2024)Bavaria€6.57M

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

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

For full datasets download visit Bulk Download page.

Explore Albania and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $602M to Albania. The main products exported from Germany to Albania were Cars ($200M), Packaged Medicaments ($39.7M), and Delivery Trucks ($21.2M). During the last 5 years the exports of Germany to Albania have increased at an annualized rate of 11.3%, from $353M in 2018 to $602M in 2023.

In 2018, Albania exported $234M to Germany. The main products exported from Albania to Germany were Non-Knit Men's Suits ($61M), Leather Footwear ($25.6M), and Ferroalloys ($16.8M). During the last 5 years the exports of Albania to Germany have increased at an annualized rate of 10.4%, from $142M in 2023 to $234M in 2018.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Albania
Top DestinationItaly$1.72B

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

In 2023, countries that imported more from Germany than Albania included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, no countries were registered that imported more from Albania than from Germany.

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

Comparative Advantage Germany - Albania

Flow
Scale

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

During 2023, Germany had a large net trade with Albania in the exports of Transportation ($257M), Machines ($84.7M), and Chemical Products ($74.3M).

During 2018, Albania had a large net trade with Germany in the exports of Textiles ($120M), Footwear and Headwear ($34.4M), and Metals ($23.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Albania+$27.5MCars
Top Product Potential Albania Germany+$18.9MLeather Footwear

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

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

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