2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC 
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 111 / 186

About

Albania-Morocco Trade: In 2022, Albania exported $1.45M to Morocco. The main products that Albania exported to Morocco were Footwear Parts ($332k), Electric Generating Sets ($210k), and Leather Footwear ($183k). Over the past 5 years the exports of Albania to Morocco have decreased at an annualized rate of 2.48%, from $1.65M in 2017 to $1.45M in 2022.

In 2017, Albania exported services to Morocco worth $113k, with Travel ($113k) being the largest in terms of value.

Morocco-Albania Trade: In 2022, Morocco exported $3.63M to Albania. The main products that Morocco exported to Albania were Raw Sugar ($1.88M), Processed Fish ($1.68M), and Perfume Plants ($33.8k). Over the past 5 years the exports of Morocco to Albania have increased at an annualized rate of 8.69%,  from $2.39M in 2017 to $3.63M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $1.45M to Morocco. The main products exported from Albania to Morocco were Footwear Parts ($332k), Electric Generating Sets ($210k), and Leather Footwear ($183k). During the last 5 years the exports of Albania to Morocco have decreased at an annualized rate of 2.48%, from $1.65M in 2017 to $1.45M in 2022.

In 2017, Morocco exported $3.63M to Albania. The main products exported from Morocco to Albania were Raw Sugar ($1.88M), Processed Fish ($1.68M), and Perfume Plants ($33.8k). During the last 5 years the exports of Morocco to Albania have increased at an annualized rate of 8.69%, from $2.39M in 2022 to $3.63M in 2017.

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

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

Latest Data

Trade between Albania (Flag) and Morocco (Flag)

Albania Exports

Morocco Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Morocco
Top Destination
Spain$8.55B

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

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

In 2022, countries that imported more from Morocco than Albania included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Comparative Advantage Albania - Morocco

Flow
Scale

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

During 2022, Albania had a large net trade with Morocco in the exports of Footwear and Headwear ($597k), Textiles ($268k), and Machines ($227k).

During 2017, Morocco had a large net trade with Albania in the exports of Foodstuffs ($3.56M), Vegetable Products ($33.8k), and Transportation ($11.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Morocco+$542kFootwear Parts
Top Product Potential Morocco Albania+$423kProcessed Fish

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

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

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