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2023
Flag → Flag
Exports $30MRnk 149 / 211
2023
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Top Product $11.8MCars
2023
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Exports $22.4MRnk 26 / 126
2023
Flag → Flag
Top Product $5.34MFish Fillets
2023
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI -0.33Rnk 77 / 132
2023
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GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
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GDP GROWTH84.3%CURRENT US$
Rnk 29 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$8,575CURRENT US$
Rnk 93 / 196
2013-2023
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GDP PC GROWTH94.3%CURRENT US$
Rnk 10 / 195

About

Japan-Albania Trade: In 2023, Japan exported $30M to Albania. The main products that Japan exported to Albania were Cars ($11.8M), Tractors ($2.32M), and Motorcycles and cycles ($1.74M). Over the past 5 years the exports of Japan to Albania have increased at an annualized rate of 17.8%, from $13.3M in 2018 to $30M in 2023.

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

Albania-Japan Trade: In 2023, Albania exported $22.4M to Japan. The main products that Albania exported to Japan were Fish Fillets ($5.34M), Ferroalloys ($4.77M), and Leather Footwear ($1.68M). Over the past 5 years the exports of Albania to Japan have increased at an annualized rate of 13.7%,  from $11.7M in 2018 to $22.4M in 2023.

In 2017, Albania exported services to Japan worth $4.74M, with Other business services ($1.36M), Government services, n.i.e. ($1.24M), and Travel ($1.13M) being the largest in terms of value.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥35.1M and imported ¥185M from Albania, resulting in a negative trade balance of ¥150M. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-3.13M (-8.19%) from ¥38.3M to ¥35.1M, while imports increased by ¥59.3M (47.2%) from ¥126M to ¥185M.

Trade In November 2024, the top exports of Japan to Albania were X-Ray Equipment (¥51.6M), Tractors (¥10.7M), Dental Products (¥1.36M), and Commodities not elsewhere specified (¥652k). In November 2024 the top imports of Japan from Albania were Chromium Ore (¥26.8M), Ferroalloys (¥18.8M), Knit T-shirts (¥12.8M), Knit Sweaters (¥10.4M), and Perfume Plants (¥8.91M).

Origins In November 2024 the exports of Japan were mainly from Hyōgo (¥12.2M), Kanagawa (¥10.9M), Chiba (¥7.66M), Aichi (¥3.45M), and Osaka (¥676k), while imports destinations were mainly Toyama (¥81.9M), Chiba (¥37.6M), Tokyo (¥28.6M), Kanagawa (¥21.6M), and Osaka (¥11.5M).

Growth In November 2024, the decrease in Japan's year-by-year exports to Albania was explained primarily by an decrease in product exports in . In November 2024, the increase in Japan's year-by-year imports  from Albania was explained primarily by an increase in product imports  in Knit T-shirts (¥7.37M or 136%), Perfume Plants (¥7.12M or 399%), and Non-Knit Men's Coats (¥5.94M or 1.61k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-3.13M(-8.19%)
IMPORT GROWTH (November 2023 - November 2024)¥59.3M(47.2%)
MAIN EXPORTER (November 2024)Hyōgo¥12.2M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Albania and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Albania and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $30M to Albania. The main products exported from Japan to Albania were Cars ($11.8M), Tractors ($2.32M), and Motorcycles and cycles ($1.74M). During the last 5 years the exports of Japan to Albania have increased at an annualized rate of 17.8%, from $13.3M in 2018 to $30M in 2023.

In 2018, Albania exported $22.4M to Japan. The main products exported from Albania to Japan were Fish Fillets ($5.34M), Ferroalloys ($4.77M), and Leather Footwear ($1.68M). During the last 5 years the exports of Albania to Japan have increased at an annualized rate of 13.7%, from $11.7M in 2023 to $22.4M in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Albania
Top DestinationItaly$1.72B

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

In 2023, countries that imported more from Japan than Albania included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

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

Comparative Advantage Japan - Albania

Flow
Scale

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

During 2023, Japan had a large net trade with Albania in the exports of Transportation ($17.6M), Machines ($6.62M), and Instruments ($2.94M).

During 2018, Albania had a large net trade with Japan in the exports of Textiles ($6.36M), Animal Products ($5.39M), and Metals ($4.77M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Albania+$499kMedical Instruments
Top Product Potential Albania Japan+$7.39MFerroalloys

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

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

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