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Pricing

2021
Flag → Flag
Exports $3.64MRnk 195 / 0
2021
Flag → Flag
Exports $1.56MRnk 84 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC $4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

Iran-Albania Trade: In 2021, Iran exported $3.64M to Albania. The main products that Iran exported to Albania were N/A. Over the past 5 years the exports of Iran to Albania have increased at an annualized rate of 25.9%, from $1.15M in 2016 to $3.64M in 2021.

In 2021, Iran did not export any services to Albania.

Albania-Iran Trade: In 2021, Albania exported $1.56M 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 35.5%,  from $341k in 2016 to $1.56M in 2021.

In 2021, Albania did not export any services to Iran.

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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 2021, Iran exported $3.64M to Albania. There were not main exports from Iran to Albania in 2021. During the last 5 years the exports of Iran to Albania have increased at an annualized rate of 25.9%, from $1.15M in 2016 to $3.64M in 2021.

In 2016, Albania exported $1.56M to Iran. There were not main exports from Albania to Iran in 2016. During the last 5 years the exports of Albania to Iran have increased at an annualized rate of 35.5%, from $341k in 2021 to $1.56M in 2016.

Exports from Iran (Flag) to Albania (Flag) (2021)

Exports from Albania (Flag) to Iran (Flag) (2021)

Latest Data

Trade between Iran (Flag) and Albania (Flag)

Albania Exports

Date

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Albania
Top DestinationItaly$1.75B

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 2022, countries that imported more from Iran than Albania included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

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

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 2021, Iran had a large net trade with Albania in the exports of .

During 2016, 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) (2021)

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