Albania (ALB) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Albania-Tanzania Trade: In 2022, Albania exported $126k to Tanzania. The main products that Albania exported to Tanzania were Metal-Rolling Mills ($126k), Knit Women's Suits ($152), and Iron Fasteners ($19). Over the past 5 years the exports of Albania to Tanzania have increased at an annualized rate of 145%, from $1.44k in 2017 to $126k in 2022.

In 2022, Albania did not export any services to Tanzania.

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

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Albania exported $126k to Tanzania. The main products exported from Albania to Tanzania were Metal-Rolling Mills ($126k), Knit Women's Suits ($152), and Iron Fasteners ($19). During the last 5 years the exports of Albania to Tanzania have increased at an annualized rate of 145%, from $1.44k in 2017 to $126k in 2022.

Tanzania does not register exports to Albania.

Exports from Albania () to Tanzania () (2022)

Exports from Tanzania () to Albania () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Tanzania
Top DestinationIndia$2.73B

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

In 2022, countries that imported more from Albania than Tanzania included Italy ($1.75B), Greece ($421M), and Spain ($309M).

In 2022, countries that imported more from Tanzania than Albania included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

Difference in imports from Tanzania () and Albania () (2022)

Comparative Advantage Albania - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Albania had a large net trade with Tanzania in the exports of Machines ($126k), Textiles ($152), and Metals ($19).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Tanzania+$2.98kRefined Petroleum

Top Product Potential Tanzania Albania+$1.97kCoffee

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

Year

This visualization shows the product space at the HS4 level with the flags of Albania and Tanzania. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Albania.

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Tanzania () (2022)

Exports from Tanzania () to Albania () (2022)

Market Competitiveness

Difference in imports from Tanzania () and Albania () (2022)

Comparative Advantage Albania - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Tanzania () (2022)

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