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Pricing

2022
Flag → Flag
Exports $8.87MRnk 159 / 218
2022
Flag → Flag
Top Product $2.59MProcessed Fish
2022
Flag → Flag
Exports $2.03MRnk 49 / 129
2022
Flag → Flag
Top Product $965kFerroalloys
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

Thailand-Albania Trade: In 2022, Thailand exported $8.87M to Albania. The main products that Thailand exported to Albania were Processed Fish ($2.59M), Air Conditioners ($2.31M), and Uncoated Paper ($1.89M). Over the past 5 years the exports of Thailand to Albania have increased at an annualized rate of 5.12%, from $6.91M in 2017 to $8.87M in 2022.

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

Albania-Thailand Trade: In 2022, Albania exported $2.03M to Thailand. The main products that Albania exported to Thailand were Ferroalloys ($965k), Raw Lead ($199k), and Other Non-Knit Clothing Accessories ($198k). Over the past 5 years the exports of Albania to Thailand have increased at an annualized rate of 35.8%,  from $440k in 2017 to $2.03M in 2022.

In 2017, Albania exported services to Thailand worth $226k, with Travel ($226k) being the largest in terms of value.

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). 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, Thailand exported $8.87M to Albania. The main products exported from Thailand to Albania were Processed Fish ($2.59M), Air Conditioners ($2.31M), and Uncoated Paper ($1.89M). During the last 5 years the exports of Thailand to Albania have increased at an annualized rate of 5.12%, from $6.91M in 2017 to $8.87M in 2022.

In 2017, Albania exported $2.03M to Thailand. The main products exported from Albania to Thailand were Ferroalloys ($965k), Raw Lead ($199k), and Other Non-Knit Clothing Accessories ($198k). During the last 5 years the exports of Albania to Thailand have increased at an annualized rate of 35.8%, from $440k in 2022 to $2.03M in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Albania (Flag)

Thailand Exports

Albania Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from Thailand than Albania included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

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

Comparative Advantage Thailand - Albania

Flow
Scale

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

During 2022, Thailand had a large net trade with Albania in the exports of Foodstuffs ($3.18M), Machines ($2.59M), and Paper Goods ($1.89M).

During 2017, Albania had a large net trade with Thailand in the exports of Metals ($1.16M), Textiles ($490k), and Animal Hides ($191k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Albania+$1.64MAir Conditioners
Top Product Potential Albania Thailand+$1.05MFerroalloys

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

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

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