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2023
Flag → Flag
Exports $158MRnk 145 / 220
2023
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Top Product $43.3MCars
2023
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Exports $80.8MRnk 9 / 126
2023
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Top Product $15.7MPerfume Plants
2023
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Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
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Economic Complexity (ECI) ECI -0.33Rnk 77 / 132
2023
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GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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 GDP$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
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GDP GROWTH84.3%CURRENT US$
Rnk 29 / 195
2023
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GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
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GDP PC$8,575CURRENT US$
Rnk 93 / 196
2013-2023
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GDP PC GROWTH94.3%CURRENT US$
Rnk 10 / 195

About

United States-Albania Trade: In 2023, United States exported $158M to Albania. The main products that United States exported to Albania were Cars ($43.3M), Petroleum Gas ($14.9M), and Aircraft parts (gliders, balloons, and powered aircraft) ($12.7M). Over the past 5 years the exports of United States to Albania have increased at an annualized rate of 24.7%, from $52.3M in 2018 to $158M in 2023.

In 2023, United States did not export any services to Albania.

Albania-United States Trade: In 2023, Albania exported $80.8M to United States. The main products that Albania exported to United States were Perfume Plants ($15.7M), Motor vehicles; parts and accessories (8701 to 8705) ($6.54M), and Essential Oils ($6.49M). Over the past 5 years the exports of Albania to United States have increased at an annualized rate of 3.32%,  from $68.6M in 2018 to $80.8M in 2023.

In 2017, Albania exported services to United States worth $59.3M, with Travel ($39M), Other business services ($11.4M), and Transportation ($2.82M) being the largest in terms of value.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).

Company data: In 2023, leading companies such as F&F Fine Wines (110), Amazon (70), and Palm Bay International (5) were at the forefront of exporting goods from Albania to the United States. Conversely, C.e.m. Srl (105), Century Distribution Systems, Inc. (42), and Unknown (28) were notable for importing products to Albania from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $11.9M and imported $6.63M from Albania, resulting in a positive trade balance of $5.27M. Between November 2023 and November 2024 the exports of United States have increased by $1.2M (11.2%) from $10.7M to $11.9M, while imports increased by $2.42M (57.3%) from $4.22M to $6.63M.

Trade In November 2024, the top exports of United States to Albania were Cars ($4.43M), Special purpose motor vehicles ($2.64M), Poultry Meat ($1.33M), LCDs ($545k), and Amino-resins ($504k). In November 2024 the top imports of United States from Albania were Motor vehicles; parts and accessories (8701... ($2.92M), Perfume Plants ($2.11M), Leather Footwear ($1.01M), Ferroalloys ($605k), and Non-Knit Men's Shirts ($351k).

Origins In November 2024 the exports of United States were mainly from New York ($2.51M), Georgia ($940k), New Jersey ($879k), Texas ($850k), and California ($767k), while imports destinations were mainly New Jersey ($1.61M), New York ($1.56M), California ($771k), Virginia ($708k), and Maryland ($300k).

Growth In November 2024, the increase in United States's year-by-year exports to Albania was explained primarily by an increase in product exports in Cars ($2.72M or 158%), Poultry Meat ($528k or 66.2%), and Prepr binder for foundry ($251k or 2.03k%). In November 2024, the increase in United States's year-by-year imports  from Albania was explained primarily by an increase in product imports  in Motor vehicles; parts and accessories (8701... ($2.58M or 749%), Leather Footwear ($825k or 437%), and Non-Knit Men's Shirts ($274k or 359%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$1.2M(11.2%)
IMPORT GROWTH (November 2023 - November 2024)$2.42M(57.3%)
MAIN EXPORTER (November 2024)New York$2.51M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Albania and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Albania and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $158M to Albania. The main products exported from United States to Albania were Cars ($43.3M), Petroleum Gas ($14.9M), and Aircraft parts (gliders, balloons, and powered aircraft) ($12.7M). During the last 5 years the exports of United States to Albania have increased at an annualized rate of 24.7%, from $52.3M in 2018 to $158M in 2023.

In 2018, Albania exported $80.8M to United States. The main products exported from Albania to United States were Perfume Plants ($15.7M), Motor vehicles; parts and accessories (8701 to 8705) ($6.54M), and Essential Oils ($6.49M). During the last 5 years the exports of Albania to United States have increased at an annualized rate of 3.32%, from $68.6M in 2023 to $80.8M in 2018.

Exports from United States (Flag) to Albania (Flag) (2023)

Exports from Albania (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Albania
Top DestinationItaly$1.72B

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

In 2023, countries that imported more from United States than Albania included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Albania than United States included Montenegro ($82.3M).

Difference in imports from Albania (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Albania

Flow
Scale

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

During 2023, United States had a large net trade with Albania in the exports of Transportation ($61.6M), Mineral Products ($25.1M), and Machines ($12.3M).

During 2018, Albania had a large net trade with United States in the exports of Vegetable Products ($18.4M), Textiles ($12.8M), and Metals ($10.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Albania+$12.5MCars
Top Product Potential Albania United States+$16MFerroalloys

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

Product Space of United States (Flag) and Albania (Flag) (2023)

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