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2016
Flag → Flag
Exports $203kRnk 28 / 0
2016
Flag → Flag
Exports $394kRnk 53 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Albania-Guinea Trade: In 2016, Albania exported $203k to Guinea. The main products that Albania exported to Guinea were N/A. Over the past 8 years the exports of Albania to Guinea have increased at an annualized rate of 11.1%, from $87.7k in 2008 to $203k in 2016.

In 2016, Albania did not export any services to Guinea.

Guinea-Albania Trade: In 2016, Guinea exported $394k to Albania. The main products that Guinea exported to Albania were N/A. Over the past 8 years the exports of Guinea to Albania have decreased at an annualized rate of 21.7%,  from $1.34M in 2008 to $394k in 2016.

In 2016, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Albania exported $203k to Guinea. There were not main exports from Albania to Guinea in 2016. During the last 8 years the exports of Albania to Guinea have increased at an annualized rate of 11.1%, from $87.7k in 2008 to $203k in 2016.

In 2008, Guinea exported $394k to Albania. There were not main exports from Guinea to Albania in 2008. During the last 5 years the exports of Guinea to Albania have decreased at an annualized rate of 21.7%, from $1.34M in 2013 to $394k in 2008.

Exports from Albania (Flag) to Guinea (Flag) (2016)

Exports from Guinea (Flag) to Albania (Flag) (2016)

Market Competitiveness

Color
Albania
Top DestinationItaly$1.75B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Albania than Guinea included Italy ($1.75B), Greece ($421M), and United States ($150M).

In 2022, countries that imported more from Guinea than Albania included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

Comparative Advantage Albania - Guinea

Flow
Scale

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

During 2016, Albania had a large net trade with Guinea in the exports of .

During 2008, Guinea had a large net trade with Albania in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Guinea+$1.87kRefined Petroleum
Top Product Potential Guinea Albania+$1.62kGold

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

Product Space of Albania (Flag) and Guinea (Flag) (2016)

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