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Pricing

2022
Flag → Flag
Exports $25.7MRnk 92 / 191
2022
Flag → Flag
Top Product $11.7MSeed Oils
2022
Flag → Flag
Exports $9.29MRnk 34 / 129
2022
Flag → Flag
Top Product $1.82MElectric Generating Sets
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 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 $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
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GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

Ukraine-Albania Trade: In 2022, Ukraine exported $25.7M to Albania. The main products that Ukraine exported to Albania were Seed Oils ($11.7M), Wheat ($4.23M), and Concentrated Milk ($2.78M). Over the past 5 years the exports of Ukraine to Albania have increased at an annualized rate of 5.55%, from $19.6M in 2017 to $25.7M in 2022.

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

Albania-Ukraine Trade: In 2022, Albania exported $9.29M to Ukraine. The main products that Albania exported to Ukraine were Electric Generating Sets ($1.82M), Other Iron Products ($1.62M), and Cabbages ($1.19M). Over the past 5 years the exports of Albania to Ukraine have increased at an annualized rate of 11.3%,  from $5.43M in 2017 to $9.29M in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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 2022, Ukraine exported $25.7M to Albania. The main products exported from Ukraine to Albania were Seed Oils ($11.7M), Wheat ($4.23M), and Concentrated Milk ($2.78M). During the last 5 years the exports of Ukraine to Albania have increased at an annualized rate of 5.55%, from $19.6M in 2017 to $25.7M in 2022.

In 2017, Albania exported $9.29M to Ukraine. The main products exported from Albania to Ukraine were Electric Generating Sets ($1.82M), Other Iron Products ($1.62M), and Cabbages ($1.19M). During the last 5 years the exports of Albania to Ukraine have increased at an annualized rate of 11.3%, from $5.43M in 2022 to $9.29M in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Albania (Flag)

Ukraine Exports

Albania Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from Ukraine than Albania included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

In 2022, countries that imported more from Albania than Ukraine included Greece ($421M), Montenegro ($80.8M), and Italy ($1.75B).

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

Comparative Advantage Ukraine - Albania

Flow
Scale

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

During 2022, Ukraine had a large net trade with Albania in the exports of Animal and Vegetable Bi-Products ($12.1M), Vegetable Products ($5.51M), and Animal Products ($3.37M).

During 2017, Albania had a large net trade with Ukraine in the exports of Vegetable Products ($3.52M), Machines ($1.83M), and Metals ($1.82M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Albania+$3.08kSeed Oils
Top Product Potential Albania Ukraine+$3.38kRefined 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 Ukraine and Albania. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Albania. Similarly, a dot/product with the flag of Albania indicates it has a comparative advantage over Ukraine.

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

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