2022
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GDP
$18.9BCURRENT US$
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2012-2022
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GDP GROWTH
53.3%CURRENT US$
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2022
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 GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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GDP PC 
$6,803CURRENT US$
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2012-2022
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GDP PC GROWTH
60.2%CURRENT US$
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2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

Albania-Spain In 2022, Albania exported $309M to Spain. The main products that Albania exported to Spain are Crude Petroleum ($269M), Ferroalloys ($6.94M), and Fish: dried, salted, smoked or in brine ($5.65M). During the last 27 years the exports of Albania to Spain have increased at an annualized rate of 27.2%, from $463k in 1995 to $309M in 2022.

In 2017, Albania exported services to Spain worth $9.83M, with Travel ($5.65M), Transportation ($2.49M), and Other business services ($1.02M) being the largest in terms of value.

Spain-Albania In 2022, Spain exported $116M to Albania. The main products that Spain exported to Albania were Unglazed Ceramics ($31.9M), Refined Petroleum ($18.8M), and Non-Knit Women's Suits ($3.42M). During the last 27 years the exports of Spain to Albania have increased at an annualized rate of 18%, from $1.33M in 1995 to $116M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Albania exported $309M to Spain. The main products exported from Albania to Spain were Crude Petroleum ($269M), Ferroalloys ($6.94M), and Fish: dried, salted, smoked or in brine ($5.65M). During the last 27 years the exports of Albania to Spain have increased at an annualized rate of 27.2%, from $463k in 1995 to $309M in 2022.

In 2022, Spain exported $116M to Albania. The main products exported from Spain to Albania were Unglazed Ceramics ($31.9M), Refined Petroleum ($18.8M), and Non-Knit Women's Suits ($3.42M). During the last 27 years the exports of Spain to Albania have increased at an annualized rate of 18%, from $1.33M in 1995 to $116M in 2022.

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

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

Latest Data

Trade between Albania (Flag) and Spain (Flag)

Albania Exports

Spain Exports

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Spain
Top Destination
France$65.2B

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

In 2021, countries that imported more from Albania than Spain were Montenegro ($80.8M).

In 2021, countries that imported more from Spain than Albania were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Albania - Spain

Flow
Scale

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

During 2022, Albania had a large net trade with Spain in the exports of Mineral Products ($270M), Metals ($8.77M), and Textiles ($8.63M).

During 2022, Spain had a large net trade with Albania in the exports of Stone And Glass ($35.8M), Mineral Products ($20.3M), and Textiles ($11M).

Service Trade

Bilateral Service Trade

In 2017, Albania exported services to Spain worth $9.83M, with Travel ($5.65M), Transportation ($2.49M), and Other business services ($1.02M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Albania (Flag) to Spain (Flag) (2017)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Albania has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Albania.

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

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