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2023
Flag → Flag
Exports $12.1MRnk 102 / 205
2023
Flag → Flag
Top Product $4.18MNon-fillet Fresh Fish
2023
Flag → Flag
Exports $5.41MRnk 36 / 126
2023
Flag → Flag
Top Product $1.46MLeather Footwear
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 77 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 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

Norway-Albania Trade: In 2023, Norway exported $12.1M to Albania. The main products that Norway exported to Albania were Non-fillet Fresh Fish ($4.18M), Surveying Equipment ($1.38M), and Cars ($1.35M). Over the past 5 years the exports of Norway to Albania have increased at an annualized rate of 26.5%, from $3.75M in 2018 to $12.1M in 2023.

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

Albania-Norway Trade: In 2023, Albania exported $5.41M to Norway. The main products that Albania exported to Norway were Leather Footwear ($1.46M), Textile Footwear ($1.06M), and Rubber Footwear ($732k). Over the past 5 years the exports of Albania to Norway have increased at an annualized rate of 0.53%,  from $5.19M in 2018 to $5.41M in 2023.

In 2017, Albania exported services to Norway worth $7.68M, with Travel ($4.29M), Other business services ($1.58M), and Transportation ($1.13M) being the largest in terms of value.

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK2.98M and imported NOK6.65M from Albania, resulting in a negative trade balance of NOK3.67M. Between December 2023 and December 2024 the exports of Norway have decreased by NOK-2.39M (-44.5%) from NOK5.38M to NOK2.98M, while imports decreased by NOK-1.39M (-17.3%) from NOK8.04M to NOK6.65M.

Trade In December 2024, the top exports of Norway to Albania were Paper, paperboard and articles of paper... (NOK977k), Other transport equipment (NOK900k), Road vehicles (including air-cushion vehicles) (NOK299k), Office machines and automatic data-processing machines (NOK214k), and Essential oils and resinoids and perfume... (NOK161k). In December 2024 the top imports of Norway from Albania were Footwear (NOK6.25M), Articles of apparel and clothing accessories (NOK573k), Gas, natural and manufactured (NOK503k), Manufactures of metals, n.e.s. (NOK132k), and Travel goods, handbags and similar containers (NOK81k).

Growth In December 2024, the decrease in Norway's year-by-year exports to Albania was explained primarily by an decrease in product exports in Office machines and automatic data-processing machines (NOK-634k or -74.8%), Miscellaneous edible products and preparations (NOK-55k or -100%), and Miscellaneous manufactured articles, n.e.s. (NOK-50k or -90.9%). In December 2024, the decrease in Norway's year-by-year imports  from Albania was explained primarily by an decrease in product imports  in Fish (not marine mammals), crustaceans, molluscs... (NOK-493k or -100%), Furniture, and parts thereof; bedding, mattresses,... (NOK-44k or -95.7%), and Electrical machinery, apparatus and appliances, n.e.s.,... (NOK-18k or -62.1%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK-2.39M(-44.5%)
IMPORT GROWTH (December 2023 - December 2024)NOK-1.39M(-17.3%)

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

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

For full datasets download visit Bulk Download page.

Explore Albania and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $12.1M to Albania. The main products exported from Norway to Albania were Non-fillet Fresh Fish ($4.18M), Surveying Equipment ($1.38M), and Cars ($1.35M). During the last 5 years the exports of Norway to Albania have increased at an annualized rate of 26.5%, from $3.75M in 2018 to $12.1M in 2023.

In 2018, Albania exported $5.41M to Norway. The main products exported from Albania to Norway were Leather Footwear ($1.46M), Textile Footwear ($1.06M), and Rubber Footwear ($732k). During the last 5 years the exports of Albania to Norway have increased at an annualized rate of 0.53%, from $5.19M in 2023 to $5.41M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Albania
Top DestinationItaly$1.72B

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

In 2023, countries that imported more from Norway than Albania included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Albania than Norway included North Macedonia ($134M), Montenegro ($82.3M), and Bosnia and Herzegovina ($36.1M).

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

Comparative Advantage Norway - Albania

Flow
Scale

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

During 2023, Norway had a large net trade with Albania in the exports of Animal Products ($4.51M), Chemical Products ($2.23M), and Machines ($2.04M).

During 2018, Albania had a large net trade with Norway in the exports of Footwear and Headwear ($3.25M), Machines ($821k), and Textiles ($774k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Albania+$192kTelephones
Top Product Potential Albania Norway+$1.12MLeather Footwear

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

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

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