Albania (ALB) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Albania-Chinese Taipei Trade: In 2022, Albania exported $1.65M to Chinese Taipei. The main products that Albania exported to Chinese Taipei were Combustion Engines ($264k), Non-Knit Women's Suits ($222k), and Knit T-shirts ($169k). Over the past 5 years the exports of Albania to Chinese Taipei have increased at an annualized rate of 5.8%, from $1.25M in 2017 to $1.65M in 2022.

In 2022, Albania did not export any services to Chinese Taipei.

Chinese Taipei-Albania Trade: In 2022, Chinese Taipei exported $6.29M to Albania. The main products that Chinese Taipei exported to Albania were Styrene Polymers ($1.51M), Rubberworking Machinery ($1.01M), and Electrical Lighting and Signalling Equipment ($784k). Over the past 5 years the exports of Chinese Taipei to Albania have decreased at an annualized rate of 7.89%, from $9.48M in 2017 to $6.29M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Albania exported $1.65M to Chinese Taipei. The main products exported from Albania to Chinese Taipei were Combustion Engines ($264k), Non-Knit Women's Suits ($222k), and Knit T-shirts ($169k). During the last 5 years the exports of Albania to Chinese Taipei have increased at an annualized rate of 5.8%, from $1.25M in 2017 to $1.65M in 2022.

In 2017, Chinese Taipei exported $6.29M to Albania. The main products exported from Chinese Taipei to Albania were Styrene Polymers ($1.51M), Rubberworking Machinery ($1.01M), and Electrical Lighting and Signalling Equipment ($784k). During the last 5 years the exports of Chinese Taipei to Albania have decreased at an annualized rate of 7.89%, from $9.48M in 2022 to $6.29M in 2017.

Exports from Albania () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Albania () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Chinese Taipei
Top DestinationChina$121B

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

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

In 2022, countries that imported more from Chinese Taipei than Albania included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Albania () (2022)

Comparative Advantage Albania - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Albania had a large net trade with Chinese Taipei in the exports of Textiles ($987k), Machines ($302k), and Footwear and Headwear ($127k).

During 2017, Chinese Taipei had a large net trade with Albania in the exports of Machines ($2.79M), Plastics and Rubbers ($1.73M), and Metals ($720k).

Potential Exports

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

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Historical Data

Bilateral Trade by Products

Exports from Albania () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Albania () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Albania () (2022)

Comparative Advantage Albania - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Chinese Taipei () (2022)

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