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2016
Flag → Flag
Exports $4.73MRnk 24 / 0
2016
Flag → Flag
Exports $101MRnk 8 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 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$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186

About

Albania-Libya Trade: In 2016, Albania exported $4.73M to Libya. The main products that Albania exported to Libya were N/A. Over the past 7 years the exports of Albania to Libya have decreased at an annualized rate of 5.41%, from $6.98M in 2009 to $4.73M in 2016.

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

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

In 2016, Libya 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, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Albania exported $4.73M to Libya. There were not main exports from Albania to Libya in 2016. During the last 7 years the exports of Albania to Libya have decreased at an annualized rate of 5.41%, from $6.98M in 2009 to $4.73M in 2016.

Libya does not register exports to Albania.

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

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

Latest Data

Trade between Albania (Flag) and Libya (Flag)

Albania Exports

Market Competitiveness

Color
Albania
Top DestinationItaly$1.75B
Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Albania than Libya included North Macedonia ($101M), Serbia ($89.3M), and Montenegro ($80.8M).

In 2022, countries that imported more from Libya than Albania included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

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

Comparative Advantage Albania - Libya

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Libya+$3.05kRefined Petroleum
Top Product Potential Libya Albania+$3.02kPetroleum Gas

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

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

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