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2015
Flag → Flag
Exports $80kRnk 3 / 0
2015
Flag → Flag
Exports $378MRnk 127 / 129
2015
Flag → Flag
Top Product $114Leather Footwear
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 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 $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

Nepal-Albania Trade: In 2015, Nepal exported $80k to Albania. The main products that Nepal exported to Albania were N/A. Over the past 7 years the exports of Nepal to Albania have increased at an annualized rate of 45%, from $5.94k in 2008 to $80k in 2015.

In 2015, Nepal did not export any services to Albania.

Albania-Nepal In N/A, Albania did not export any products to Nepal.

In 2015, Albania did not export any services to Nepal.

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), 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

In 2015, Nepal exported $80k to Albania. There were not main exports from Nepal to Albania in 2015. During the last 7 years the exports of Nepal to Albania have increased at an annualized rate of 45%, from $5.94k in 2008 to $80k in 2015.

Albania does not register exports to Nepal. The main products exported from Albania to Nepal were Leather Footwear ($114), Knit Active Wear ($13), and Rubber Belting ($11).

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

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

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from Nepal than Albania included India ($956M), Singapore ($25.5M), and Australia ($13.8M).

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

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

Comparative Advantage Nepal - Albania

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Albania+$1.5kFlavored Water
Top Product Potential Albania Nepal+$2.49kRefined Petroleum

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

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

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