2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186

About

Estonia-Albania Trade: In 2022, Estonia exported $1.5M to Albania. The main products that Estonia exported to Albania were Crustaceans ($297k), Peat ($178k), and Non-fillet Frozen Fish ($157k). Over the past 5 years the exports of Estonia to Albania have increased at an annualized rate of 27%, from $454k in 2017 to $1.5M in 2022.

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

Albania-Estonia Trade: In 2022, Albania exported $11.8M to Estonia. The main products that Albania exported to Estonia were Processed Crustaceans ($10.2M), Cabbages ($539k), and Melons ($497k). Over the past 5 years the exports of Albania to Estonia have increased at an annualized rate of 12.8%,  from $6.47M in 2017 to $11.8M in 2022.

In 2017, Albania exported services to Estonia worth $1.47M, with Other business services ($565k), Travel ($339k), and Computer and information services ($339k) being the largest in terms of value.

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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 2022, Estonia exported $1.5M to Albania. The main products exported from Estonia to Albania were Crustaceans ($297k), Peat ($178k), and Non-fillet Frozen Fish ($157k). During the last 5 years the exports of Estonia to Albania have increased at an annualized rate of 27%, from $454k in 2017 to $1.5M in 2022.

In 2017, Albania exported $11.8M to Estonia. The main products exported from Albania to Estonia were Processed Crustaceans ($10.2M), Cabbages ($539k), and Melons ($497k). During the last 5 years the exports of Albania to Estonia have increased at an annualized rate of 12.8%, from $6.47M in 2022 to $11.8M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Albania (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Albania
Top Destination
Italy$1.75B

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

In 2022, countries that imported more from Estonia than Albania included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Albania than Estonia included Italy ($1.75B), Greece ($421M), and Spain ($309M).

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

Comparative Advantage Estonia - Albania

Flow
Scale

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

During 2022, Estonia had a large net trade with Albania in the exports of Animal Products ($454k), Foodstuffs ($193k), and Mineral Products ($179k).

During 2017, Albania had a large net trade with Estonia in the exports of Foodstuffs ($10.2M), Vegetable Products ($1.08M), and Textiles ($255k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and Albania. This means that a dot/product with the flag of Estonia indicates it has a comparative advantage over Albania. Similarly, a dot/product with the flag of Albania indicates it has a comparative advantage over Estonia.

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

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