2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
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2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
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2022
Flag
GDP PC
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
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About

United States-Albania Trade: In 2022, United States exported $104M to Albania. The main products that United States exported to Albania were Cars ($23.3M), Petroleum Coke ($22.7M), and Petroleum Gas ($15.1M). Over the past 5 years the exports of United States to Albania have increased at an annualized rate of 11.1%, from $61.5M in 2017 to $104M in 2022.

In 2022, United States did not export any services to Albania.

Albania-United States Trade: In 2022, Albania exported $150M to United States. The main products that Albania exported to United States were Ferroalloys ($67.9M), Perfume Plants ($22.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($15.9M). Over the past 5 years the exports of Albania to United States have increased at an annualized rate of 29.2%,  from $41.7M in 2017 to $150M in 2022.

In 2017, Albania exported services to United States worth $59.3M, with Travel ($39M), Other business services ($11.4M), and Transportation ($2.82M) being the largest in terms of value.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Company data: In 2023, leading companies such as F&F Fine Wines (110), Amazon (70), and Palm Bay International (5) were at the forefront of exporting goods from Albania to the United States. Conversely, C.e.m. Srl (105), Century Distribution Systems, Inc. (42), and Unknown (28) were notable for importing products to Albania from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $104M to Albania. The main products exported from United States to Albania were Cars ($23.3M), Petroleum Coke ($22.7M), and Petroleum Gas ($15.1M). During the last 5 years the exports of United States to Albania have increased at an annualized rate of 11.1%, from $61.5M in 2017 to $104M in 2022.

In 2017, Albania exported $150M to United States. The main products exported from Albania to United States were Ferroalloys ($67.9M), Perfume Plants ($22.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($15.9M). During the last 5 years the exports of Albania to United States have increased at an annualized rate of 29.2%, from $41.7M in 2022 to $150M in 2017.

Exports from United States (Flag) to Albania (Flag) (2022)

Exports from Albania (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Albania
Top Destination
Italy$1.75B

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

In 2022, countries that imported more from United States than Albania included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Albania than United States included Montenegro ($80.8M).

Difference in imports from Albania (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Albania

Flow
Scale

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

During 2022, United States had a large net trade with Albania in the exports of Mineral Products ($37.8M), Transportation ($25M), and Animal Products ($12.7M).

During 2017, Albania had a large net trade with United States in the exports of Metals ($71.1M), Vegetable Products ($26.2M), and Transportation ($15.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Albania+$12.5MCars
Top Product Potential Albania United States+$16MFerroalloys

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

Product Space of United States (Flag) and Albania (Flag) (2022)

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