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Pricing

2021
Flag → Flag
Exports $26.3kRnk 78 / 0
2021
Flag → Flag
Exports $255kRnk 84 / 129
2021
Flag → Flag
Top Product $75.9kNon-Knit Men's Shirts
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 127 / 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 $11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186
2022
Flag
GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

Mexico-Albania Trade: In 2021, Mexico exported $26.3k to Albania. The main products that Mexico exported to Albania were N/A. Over the past 5 years the exports of Mexico to Albania have decreased at an annualized rate of 62.2%, from $3.4M in 2016 to $26.3k in 2021.

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

Albania-Mexico Trade: In 2021, Albania exported $255k to Mexico. The main products that Albania exported to Mexico were Non-Knit Men's Shirts ($75.9k), Knit T-shirts ($41.8k), and Non-Knit Women's Suits ($39.4k). Over the past 5 years the exports of Albania to Mexico have decreased at an annualized rate of 15.5%,  from $593k in 2016 to $255k in 2021.

In 2017, Albania exported services to Mexico worth $452k, with Travel ($339k) and Transportation ($113k) being the largest in terms of value.

Comparison: In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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, Mexico exported $26.3k to Albania. There were not main exports from Mexico to Albania in 2021. During the last 5 years the exports of Mexico to Albania have decreased at an annualized rate of 62.2%, from $3.4M in 2016 to $26.3k in 2021.

In 2017, Albania exported $255k to Mexico. The main products exported from Albania to Mexico were Non-Knit Men's Shirts ($75.9k), Knit T-shirts ($41.8k), and Non-Knit Women's Suits ($39.4k). During the last 5 years the exports of Albania to Mexico have decreased at an annualized rate of 15.5%, from $593k in 2022 to $255k in 2017.

Exports from Mexico (Flag) to Albania (Flag) (2022)

Exports from Albania (Flag) to Mexico (Flag) (2022)

Latest Data

Trade between Mexico (Flag) and Albania (Flag)

Mexico Exports

Albania Exports

Date

Market Competitiveness

Color
Mexico
Top DestinationUnited States$421B
Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from Mexico than Albania included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from Albania than Mexico included Italy ($1.75B), Greece ($421M), and North Macedonia ($101M).

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

Comparative Advantage Mexico - Albania

Flow
Scale

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

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

During 2017, Albania had a large net trade with Mexico in the exports of Textiles ($214k) and Machines ($41k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico Albania+$5.34kCars
Top Product Potential Albania Mexico+$240kInsulated Wire

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

Product Space of Mexico (Flag) and Albania (Flag) (2022)

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