Singapore-Albania Trade: In 2023, Singapore exported $4.97M to Albania. The main products that Singapore exported to Albania were Styrene Polymers ($2.53M), Margarine ($572k), and Other Vinyl Polymers ($514k). Over the past 5 years the exports of Singapore to Albania have increased at an annualized rate of 31.2%, from $1.28M in 2018 to $4.97M in 2023.
In 2023, Singapore did not export any services to Albania.
Albania-Singapore Trade: In 2023, Albania exported $13.3M to Singapore. The main products that Albania exported to Singapore were Seats ($11.8M), Leather Footwear ($330k), and Non-Knit Women's Suits ($160k). Over the past 5 years the exports of Albania to Singapore have increased at an annualized rate of 44.3%, from $1.03M in 2018 to $13.3M in 2023.
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 2023, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).