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Pricing

2021
Flag → Flag
Exports $59.2MRnk 142 / 0
2021
Flag → Flag
Exports $19.6MRnk 37 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
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 GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
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GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC $30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186
2022
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GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

Saudi Arabia-Albania Trade: In 2021, Saudi Arabia exported $59.2M to Albania. The main products that Saudi Arabia exported to Albania were N/A. Over the past 5 years the exports of Saudi Arabia to Albania have increased at an annualized rate of 65%, from $4.85M in 2016 to $59.2M in 2021.

In 2021, Saudi Arabia did not export any services to Albania.

Albania-Saudi Arabia Trade: In 2021, Albania exported $19.6M to Saudi Arabia. The main products that Albania exported to Saudi Arabia were N/A. Over the past 5 years the exports of Albania to Saudi Arabia have increased at an annualized rate of 91.4%,  from $761k in 2016 to $19.6M in 2021.

In 2021, Albania did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $59.2M to Albania. There were not main exports from Saudi Arabia to Albania in 2021. During the last 5 years the exports of Saudi Arabia to Albania have increased at an annualized rate of 65%, from $4.85M in 2016 to $59.2M in 2021.

In 2016, Albania exported $19.6M to Saudi Arabia. There were not main exports from Albania to Saudi Arabia in 2016. During the last 5 years the exports of Albania to Saudi Arabia have increased at an annualized rate of 91.4%, from $761k in 2021 to $19.6M in 2016.

Exports from Saudi Arabia (Flag) to Albania (Flag) (2021)

Exports from Albania (Flag) to Saudi Arabia (Flag) (2021)

Latest Data

Trade between Saudi Arabia (Flag) and Albania (Flag)

Saudi Arabia Exports

Albania Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$68B
Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from Saudi Arabia than Albania included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Albania than Saudi Arabia included Montenegro ($80.8M), North Macedonia ($101M), and Serbia ($89.3M).

Difference in imports from Albania (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Albania

Flow
Scale

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

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

During 2016, Albania had a large net trade with Saudi Arabia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Albania+$5.71kRefined Petroleum
Top Product Potential Albania Saudi Arabia+N/AN/A

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

Product Space of Saudi Arabia (Flag) and Albania (Flag) (2021)

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