2023
Flag  
GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP
$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH
84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
GDP PC 
$4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC
$8,575CURRENT US$
Rnk 93 / 196
2013-2023
Flag
GDP PC GROWTH
94.3%CURRENT US$
Rnk 10 / 195

About

Iran-Albania Trade: In 2023, Iran exported $1.08M to Albania. The main products that Iran exported to Albania were Synthetic Filament Yarn Woven Fabric ($267k), Tulles and Net Fabric ($247k), and Other Nuts ($213k). Over the past 5 years the exports of Iran to Albania have decreased at an annualized rate of 3.11%, from $1.27M in 2018 to $1.08M in 2023.

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

Albania-Iran Trade: In 2023, Albania exported $1.02M to Iran. The main products that Albania exported to Iran were N/A. Over the past 5 years the exports of Albania to Iran have increased at an annualized rate of 12.9%,  from $386k in 2018 to $1.02M in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $1.08M to Albania. The main products exported from Iran to Albania were Synthetic Filament Yarn Woven Fabric ($267k), Tulles and Net Fabric ($247k), and Other Nuts ($213k). During the last 5 years the exports of Iran to Albania have decreased at an annualized rate of 3.11%, from $1.27M in 2018 to $1.08M in 2023.

In 2017, Albania exported $1.02M to Iran. There were not main exports from Albania to Iran in 2017. During the last 5 years the exports of Albania to Iran have increased at an annualized rate of 12.9%, from $386k in 2022 to $1.02M in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Albania (Flag)

Albania Exports

Date

Market Competitiveness

Color
Iran
Top Destination
China$4.59B
Albania
Top Destination
Italy$1.72B

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

In 2023, countries that imported more from Iran than Albania included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

In 2023, countries that imported more from Albania than Iran included Italy ($1.72B), Greece ($409M), and Serbia ($188M).

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

Comparative Advantage Iran - Albania

Flow
Scale

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

During 2023, Iran had a large net trade with Albania in the exports of Vegetable Products ($527k), Textiles ($521k), and Foodstuffs ($34.6k).

During 2017, Albania had a large net trade with Iran in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Albania+$2.49kRefined Petroleum
Top Product Potential Albania Iran+$2.75kMotor vehicles; parts and accessories (8701 to 8705)

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

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

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