2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 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

Netherlands-Albania Trade: In 2022, Netherlands exported $97.1M to Albania. The main products that Netherlands exported to Albania were Flavored Water ($12M), Crustaceans ($10.2M), and Petroleum Gas ($5.06M). Over the past 5 years the exports of Netherlands to Albania have increased at an annualized rate of 14.6%, from $49.1M in 2017 to $97.1M in 2022.

In 2003, Netherlands exported services to Albania worth $0, with being the largest in terms of value.

Albania-Netherlands Trade: In 2022, Albania exported $33.6M to Netherlands. The main products that Albania exported to Netherlands were Ferroalloys ($23.8M), Leather Footwear ($4.51M), and Iron Stovetops ($614k). Over the past 5 years the exports of Albania to Netherlands have increased at an annualized rate of 46.9%,  from $4.91M in 2017 to $33.6M in 2022.

In 2017, Albania exported services to Netherlands worth $13.1M, with Travel ($7.91M), Transportation ($2.26M), and Other business services ($1.81M) being the largest in terms of value.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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 2022, Netherlands exported $97.1M to Albania. The main products exported from Netherlands to Albania were Flavored Water ($12M), Crustaceans ($10.2M), and Petroleum Gas ($5.06M). During the last 5 years the exports of Netherlands to Albania have increased at an annualized rate of 14.6%, from $49.1M in 2017 to $97.1M in 2022.

In 2017, Albania exported $33.6M to Netherlands. The main products exported from Albania to Netherlands were Ferroalloys ($23.8M), Leather Footwear ($4.51M), and Iron Stovetops ($614k). During the last 5 years the exports of Albania to Netherlands have increased at an annualized rate of 46.9%, from $4.91M in 2022 to $33.6M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Albania
Top Destination
Italy$1.75B

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

In 2022, countries that imported more from Netherlands than Albania included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Albania than Netherlands included Montenegro ($80.8M).

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

Comparative Advantage Netherlands - Albania

Flow
Scale

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

During 2022, Netherlands had a large net trade with Albania in the exports of Foodstuffs ($22.7M), Machines ($15.9M), and Animal Products ($14.9M).

During 2017, Albania had a large net trade with Netherlands in the exports of Metals ($24.8M), Footwear and Headwear ($4.68M), and Vegetable Products ($1.41M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Albania+$4.91MPackaged Medicaments
Top Product Potential Albania Netherlands+$7.15MFerroalloys

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

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

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