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2022
Flag → Flag
Exports $1.1MRnk 177 / 214
2022
Flag → Flag
Top Product $372kInk
2022
Flag → Flag
Exports $1.98MRnk 50 / 129
2022
Flag → Flag
Top Product $668kLeather Footwear
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
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Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
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 GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
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GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
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GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
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GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
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GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

South Africa-Albania Trade: In 2022, South Africa exported $1.1M to Albania. The main products that South Africa exported to Albania were Ink ($372k), Citrus ($287k), and Electric Locomotives ($98.5k). Over the past 5 years the exports of South Africa to Albania have decreased at an annualized rate of 4.58%, from $1.39M in 2017 to $1.1M in 2022.

In 2022, South Africa did not export any services to Albania.

Albania-South Africa Trade: In 2022, Albania exported $1.98M to South Africa. The main products that Albania exported to South Africa were Leather Footwear ($668k), Felt or Coated Fabric Garments ($238k), and Non-Knit Men's Suits ($231k). Over the past 5 years the exports of Albania to South Africa have increased at an annualized rate of 22.6%,  from $716k in 2017 to $1.98M in 2022.

In 2017, Albania exported services to South Africa worth $339k, with Travel ($226k) and Transportation ($113k) being the largest in terms of value.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Latest Trends

August, 2024

About

Overview In August 2024, South Africa exported ZAR7.71M and imported ZAR2.09M from Albania, resulting in a positive trade balance of ZAR5.63M. Between August 2023 and August 2024 the exports of South Africa have increased by ZAR6.6M (590%) from ZAR1.12M to ZAR7.71M, while imports decreased by ZAR-710k (-25.4%) from ZAR2.8M to ZAR2.09M.

Trade In August 2024, the top exports of South Africa to Albania were . In August 2024 the top imports of South Africa from Albania were Leather Footwear (ZAR2.6M), Spice Seeds (ZAR1.65M), Perfume Plants (ZAR189k), Seats (ZAR79.3k), and Iron Stovetops (ZAR50k).

Origins In August 2024 the exports of South Africa were mainly from Port Elizabeth (ZAR5.12M), Durban (ZAR2.07M), and Cape Town (ZAR524k), while imports destinations were mainly Durban (ZAR1.23M), O.R. Tambo Int Airport (ZAR754k), Port Elizabeth (ZAR57.8k), Cape Town (ZAR36.3k), and Cape Town Int Airport (ZAR10.9k).

Growth In August 2024, the increase in South Africa's year-by-year exports to Albania was explained primarily by an increase in product exports in . In August 2024, the decrease in South Africa's year-by-year imports  from Albania was explained primarily by an decrease in product imports  in Perfume Plants (ZAR-148k or -43.9%), Non-Knit Women's Shirts (ZAR-26.4k or -93%), and Knit Women's Coats (ZAR-21.6k or -95%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)ZAR6.6M(590%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-710k(-25.4%)
MAIN EXPORTER (August 2024)Port ElizabethZAR5.12M

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

To check Albania and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Albania and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $1.1M to Albania. The main products exported from South Africa to Albania were Ink ($372k), Citrus ($287k), and Electric Locomotives ($98.5k). During the last 5 years the exports of South Africa to Albania have decreased at an annualized rate of 4.58%, from $1.39M in 2017 to $1.1M in 2022.

In 2017, Albania exported $1.98M to South Africa. The main products exported from Albania to South Africa were Leather Footwear ($668k), Felt or Coated Fabric Garments ($238k), and Non-Knit Men's Suits ($231k). During the last 5 years the exports of Albania to South Africa have increased at an annualized rate of 22.6%, from $716k in 2022 to $1.98M in 2017.

Exports from South Africa (Flag) to Albania (Flag) (2022)

Exports from Albania (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from South Africa than Albania included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

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

Difference in imports from Albania (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Albania

Flow
Scale

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

During 2022, South Africa had a large net trade with Albania in the exports of Chemical Products ($400k), Vegetable Products ($388k), and Transportation ($101k).

During 2017, Albania had a large net trade with South Africa in the exports of Textiles ($770k), Footwear and Headwear ($708k), and Vegetable Products ($279k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Albania+$229kCitrus
Top Product Potential Albania South Africa+$871kLeather Footwear

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

Product Space of South Africa (Flag) and Albania (Flag) (2022)

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