Namibia (NAM) and Albania (ALB) Trade | The Observatory of Economic Complexity

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Namibia-Albania Trade: In 2023, Namibia exported $193k to Albania. The main products that Namibia exported to Albania were Beauty Products ($110k), Shaving Products ($73.4k), and Cleaning Products ($9.23k). Over the past 12 years the exports of Namibia to Albania have increased at an annualized rate of 0.39%, from $184k in 2011 to $193k in 2023.

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

Albania-Namibia Trade: In 2023, Albania exported $4.44k to Namibia. The main products that Albania exported to Namibia were Engine Parts ($2.15k), Leather Footwear ($1.78k), and Motor vehicles; parts and accessories (8701 to 8705) ($451). Over the past 12 years the exports of Albania to Namibia have increased at an annualized rate of 107%, from $117 in 2011 to $4.44k in 2023.

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

Comparison: In 2023, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Namibia exported $193k to Albania. The main products exported from Namibia to Albania were Beauty Products ($110k), Shaving Products ($73.4k), and Cleaning Products ($9.23k). During the last 12 years the exports of Namibia to Albania have increased at an annualized rate of 0.39%, from $184k in 2011 to $193k in 2023.

In 2018, Albania exported $4.44k to Namibia. The main products exported from Albania to Namibia were Engine Parts ($2.15k), Leather Footwear ($1.78k), and Motor vehicles; parts and accessories (8701 to 8705) ($451). During the last 5 years the exports of Albania to Namibia have increased at an annualized rate of 107%, from $117 in 2023 to $4.44k in 2018.

Exports from Namibia () to Albania () (2023)

Exports from Albania () to Namibia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.71B

Albania
Top DestinationItaly$1.72B

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

In 2023, countries that imported more from Namibia than Albania included South Africa ($1.71B), China ($752M), and Botswana ($504M).

In 2023, countries that imported more from Albania than Namibia included Italy ($1.72B), Greece ($409M), and Serbia ($188M).

Difference in imports from Albania () and Namibia () (2023)

Comparative Advantage Namibia - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Namibia had a large net trade with Albania in the exports of Chemical Products ($193k).

During 2018, Albania had a large net trade with Namibia in the exports of Machines ($2.15k), Footwear and Headwear ($1.79k), and Transportation ($451).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Albania+$2.39kRefined Petroleum

Top Product Potential Albania Namibia+$2.14kElectricity

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Albania () (2023)

Exports from Albania () to Namibia () (2023)

Market Competitiveness

Difference in imports from Albania () and Namibia () (2023)

Comparative Advantage Namibia - Albania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Namibia () and Albania () (2023)

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