2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186

About

Vietnam-Albania Trade: In 2021, Vietnam exported $11.4M to Albania. The main products that Vietnam exported to Albania were N/A. Over the past 5 years the exports of Vietnam to Albania have increased at an annualized rate of 0.12%, from $11.4M in 2016 to $11.4M in 2021.

In 2021, Vietnam did not export any services to Albania.

Albania-Vietnam In N/A, Albania did not export any products to Vietnam.

In 2021, Albania did not export any services to Vietnam.

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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, Vietnam exported $11.4M to Albania. There were not main exports from Vietnam to Albania in 2021. During the last 5 years the exports of Vietnam to Albania have increased at an annualized rate of 0.12%, from $11.4M in 2016 to $11.4M in 2021.

Albania does not register exports to Vietnam.

Exports from Vietnam (Flag) to Albania (Flag) (2021)

Exports from Albania (Flag) to Vietnam (Flag) (2021)

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Albania
Top Destination
Italy$1.75B

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

In 2022, countries that imported more from Vietnam than Albania included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Albania than Vietnam included Montenegro ($80.8M), North Macedonia ($101M), and Greece ($421M).

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

Comparative Advantage Vietnam - Albania

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Albania+$4.75kTelephones
Top Product Potential Albania Vietnam+$4.64kCrude 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 Vietnam and Albania. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Albania. Similarly, a dot/product with the flag of Albania indicates it has a comparative advantage over Vietnam.

Product Space of Vietnam (Flag) and Albania (Flag) (2021)

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