2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC 
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186

About

In N/A, Marshall Islands did not export any services to Albania.

Albania-Marshall Islands Trade: In N/A, Albania exported $360k to Marshall Islands. The main products that Albania exported to Marshall Islands were N/A. Over the past N/A years the exports of Albania to Marshall Islands have decreased at an annualized rate of 10.1%,  from $1.05M in N/A to $360k in N/A.

In N/A, Albania did not export any services to Marshall Islands.

Comparison In 2022,  Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index. 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

Marshall Islands does not register exports to Albania.

In 2015, Albania exported $360k to Marshall Islands. There were not main exports from Albania to Marshall Islands in 2015. During the last 5 years the exports of Albania to Marshall Islands have decreased at an annualized rate of 10.1%, from $1.05M in 2020 to $360k in 2015.

Exports from Marshall Islands (Flag) to Albania (Flag) (2020)

Exports from Albania (Flag) to Marshall Islands (Flag) (2020)

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Albania
Top Destination
Italy$1.75B

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

In 2022, countries that imported more from Marshall Islands than Albania included Denmark ($159M), Germany ($327M), and United Kingdom ($158M).

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

Difference in imports from Albania (Flag) and Marshall Islands (Flag) (2022)

Comparative Advantage Marshall Islands - Albania

Flow
Scale

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

During 2015, Albania had a large net trade with Marshall Islands in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Albania (Flag) (2020)

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