Singapore / Albania

Singapore-Albania Trade: In 2022, Singapore exported $1.82M to Albania. The main products that Singapore exported to Albania were Margarine ($829k), Utility Meters ($163k), and Palm Oil ($163k). Over the past 5 years the exports of Singapore to Albania have increased at an annualized rate of 17.4%, from $817k in 2017 to $1.82M in 2022.

In 2022, Singapore did not export any services to Albania.

Albania-Singapore Trade: In 2022, Albania exported $1.2M to Singapore. The main products that Albania exported to Singapore were Leather Footwear ($150k), Knit T-shirts ($110k), and Knit Sweaters ($110k). Over the past 5 years the exports of Albania to Singapore have increased at an annualized rate of 11.3%,  from $704k in 2017 to $1.2M in 2022.

In 2017, Albania exported services to Singapore worth $565k, with Travel ($226k), Communications services ($226k), and Other business services ($113k) being the largest in terms of value.

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).