Israel (ISR) and Albania (ALB) Trade | The Observatory of Economic Complexity

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Israel-Albania Trade: In 2022, Israel exported $3.68M to Albania. The main products that Israel exported to Albania were X-Ray Equipment ($945k), Raw Plastic Sheeting ($729k), and Iron Structures ($393k). Over the past 5 years the exports of Israel to Albania have decreased at an annualized rate of 14.3%, from $7.99M in 2017 to $3.68M in 2022.

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

Albania-Israel Trade: In 2022, Albania exported $2.11M to Israel. The main products that Albania exported to Israel were Other Furniture ($1.08M), Twine and Rope ($183k), and Other Construction Vehicles ($175k). Over the past 5 years the exports of Albania to Israel have increased at an annualized rate of 16.8%, from $972k in 2017 to $2.11M in 2022.

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

Comparison: In 2022, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Israel exported $3.68M to Albania. The main products exported from Israel to Albania were X-Ray Equipment ($945k), Raw Plastic Sheeting ($729k), and Iron Structures ($393k). During the last 5 years the exports of Israel to Albania have decreased at an annualized rate of 14.3%, from $7.99M in 2017 to $3.68M in 2022.

In 2017, Albania exported $2.11M to Israel. The main products exported from Albania to Israel were Other Furniture ($1.08M), Twine and Rope ($183k), and Other Construction Vehicles ($175k). During the last 5 years the exports of Albania to Israel have increased at an annualized rate of 16.8%, from $972k in 2022 to $2.11M in 2017.

Exports from Israel () to Albania () (2022)

Exports from Albania () to Israel () (2022)

Latest Data

Trade between Israel () and Albania ()

Israel Exports

Date

Albania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from Israel than Albania included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2022, countries that imported more from Albania than Israel included Italy ($1.75B), North Macedonia ($101M), and Montenegro ($80.8M).

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

Comparative Advantage Israel - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Israel had a large net trade with Albania in the exports of Instruments ($1.17M), Plastics and Rubbers ($1.06M), and Metals ($549k).

During 2017, Albania had a large net trade with Israel in the exports of Miscellaneous ($1.12M), Machines ($276k), and Textiles ($211k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Israel Albania+$347kRaw Plastic Sheeting

Top Product Potential Albania Israel+$603kOther Furniture

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Israel () to Albania () (2022)

Exports from Albania () to Israel () (2022)

Latest Data

Trade between Israel () and Albania ()

Israel Exports

Albania Exports

Market Competitiveness

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

Comparative Advantage Israel - Albania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Israel () and Albania () (2022)

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