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

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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.

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.

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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $6.29M in 2022.

In 2017, 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 2022 to $1.65M in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Albania
Top DestinationItaly$1.75B

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

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

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

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

Comparative Advantage Chinese Taipei - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Albania in the exports of Machines ($2.79M), Plastics and Rubbers ($1.73M), and Metals ($720k).

During 2017, Albania had a large net trade with Chinese Taipei in the exports of Textiles ($987k), Machines ($302k), and Footwear and Headwear ($127k).

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Chinese Taipei - Albania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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