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2023
Flag → Flag
Exports $15.9MRnk 145 / 213
2023
Flag → Flag
Top Product $2.35MPalm Oil
2023
Flag → Flag
Exports $530kRnk 73 / 126
2023
Flag → Flag
Top Product $215kLeather Footwear
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 77 / 132
2023
Flag  
GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
 GDP$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
GDP PC $4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC$8,575CURRENT US$
Rnk 93 / 196
2013-2023
Flag
GDP PC GROWTH94.3%CURRENT US$
Rnk 10 / 195

About

Indonesia-Albania Trade: In 2023, Indonesia exported $15.9M to Albania. The main products that Indonesia exported to Albania were Palm Oil ($2.35M), Textile Footwear ($1.86M), and Seats ($1.38M). Over the past 5 years the exports of Indonesia to Albania have increased at an annualized rate of 10.9%, from $9.48M in 2018 to $15.9M in 2023.

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

Albania-Indonesia Trade: In 2023, Albania exported $530k to Indonesia. The main products that Albania exported to Indonesia were Leather Footwear ($215k), Equine and Bovine Hides ($114k), and Paper Containers ($50.2k). Over the past 5 years the exports of Albania to Indonesia have increased at an annualized rate of 11.3%,  from $311k in 2018 to $530k in 2023.

In 2017, Albania exported services to Indonesia worth $113k, with Travel ($113k) being the largest in terms of value.

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Indonesia exported $15.9M to Albania. The main products exported from Indonesia to Albania were Palm Oil ($2.35M), Textile Footwear ($1.86M), and Seats ($1.38M). During the last 5 years the exports of Indonesia to Albania have increased at an annualized rate of 10.9%, from $9.48M in 2018 to $15.9M in 2023.

In 2018, Albania exported $530k to Indonesia. The main products exported from Albania to Indonesia were Leather Footwear ($215k), Equine and Bovine Hides ($114k), and Paper Containers ($50.2k). During the last 5 years the exports of Albania to Indonesia have increased at an annualized rate of 11.3%, from $311k in 2023 to $530k in 2018.

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

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

Latest Data

Trade between Indonesia (Flag) and Albania (Flag)

Indonesia Exports

Albania Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Albania
Top DestinationItaly$1.72B

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

In 2023, countries that imported more from Indonesia than Albania included China ($70.7B), United States ($27.9B), and India ($24B).

In 2023, countries that imported more from Albania than Indonesia included Greece ($409M), North Macedonia ($134M), and Montenegro ($82.3M).

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

Comparative Advantage Indonesia - Albania

Flow
Scale

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

During 2023, Indonesia had a large net trade with Albania in the exports of Footwear and Headwear ($3.57M), Animal and Vegetable Bi-Products ($2.83M), and Paper Goods ($2.15M).

During 2018, Albania had a large net trade with Indonesia in the exports of Footwear and Headwear ($227k), Animal Hides ($114k), and Paper Goods ($50.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Albania+$1.01MPalm Oil
Top Product Potential Albania Indonesia+$246kLeather 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 Indonesia and Albania. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Albania. Similarly, a dot/product with the flag of Albania indicates it has a comparative advantage over Indonesia.

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

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