Albania / South Korea

Albania-South Korea Trade: In 2022, Albania exported $43.4M to South Korea. The main products that Albania exported to South Korea were Refined Petroleum ($31M), Zinc Ore ($3.36M), and Leather Footwear ($2.53M). Over the past 5 years the exports of Albania to South Korea have increased at an annualized rate of 58.3%, from $4.37M in 2017 to $43.4M in 2022.

In 2017, Albania exported services to South Korea worth $1.92M, with Travel ($1.92M) being the largest in terms of value.

South Korea-Albania Trade: In 2022, South Korea exported $37.7M to Albania. The main products that South Korea exported to Albania were Cars ($12.1M), Orthopedic Appliances ($4.56M), and Electrical Power Accessories ($4.38M). Over the past 5 years the exports of South Korea to Albania have increased at an annualized rate of 24.9%,  from $12.4M in 2017 to $37.7M in 2022.

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

Comparison: In 2022,  Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).