Grenada (GRD) and Albania (ALB) Trade | The Observatory of Economic Complexity

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Grenada (GRD) and Albania (ALB) Trade

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Exports $34.9kRnk 89 / 0

2022

Economic Complexity (ECI) ECI -0.24Rnk 77 / 133

2022

GDP$1.26BCURRENT US$
Rnk 173 / 186

2012-2022

GDP GROWTH57.1%CURRENT US$
Rnk 43 / 186

2022

GDP$18.9BCURRENT US$
Rnk 120 / 186

2012-2022

GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186

2022

GDP PC $10,016CURRENT US$
Rnk 78 / 186

2012-2022

GDP PC GROWTH45.1%CURRENT US$
Rnk 41 / 186

2022

GDP PC$6,803CURRENT US$
Rnk 94 / 186

2012-2022

GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

Image 1

Image by David Stanley
Link: https://flic.kr/p/2ewnsxR

Image 2

Image by Aleksandr Zykov
Link: https://flic.kr/p/8Dn7z1

Historical Data
Economic Complexity

About

In N/A, Grenada did not export any services to Albania.

Albania-Grenada Trade: In N/A, Albania exported $34.9k to Grenada. The main products that Albania exported to Grenada were N/A. Over the past N/A years the exports of Albania to Grenada have increased at an annualized rate of 345%, from $20 in N/A to $34.9k in N/A.

In N/A, Albania did not export any services to Grenada.

Comparison In 2022, Grenada ranked 206 in total exports ($31.9M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Grenada does not register exports to Albania.

In 2006, Albania exported $34.9k to Grenada. There were not main exports from Albania to Grenada in 2006. During the last 5 years the exports of Albania to Grenada have increased at an annualized rate of 345%, from $20 in 2011 to $34.9k in 2006.

Exports from Grenada () to Albania () (2021)

Exports from Albania () to Grenada () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Grenada
Top DestinationUnited States$10.5M

Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from Grenada than Albania included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Barbados ($1.08M).

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

Difference in imports from Albania () and Grenada () (2022)

Comparative Advantage Grenada - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2006, Albania had a large net trade with Grenada in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of Grenada () and Albania () (2021)

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