Romania (ROU) and Albania (ALB) Trade | The Observatory of Economic Complexity

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Romania-Albania In 2022, Romania exported $144M to Albania. The main products that Romania exported to Albania are Refined Petroleum ($68.4M), Cleaning Products ($4.12M), and Bovine ($3.92M). During the last 27 years the exports of Romania to Albania have increased at an annualized rate of 11.8%, from $7.08M in 1995 to $144M in 2022.

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

Albania-Romania In 2022, Albania exported $38.5M to Romania. The main products that Albania exported to Romania were Non-Knit Men's Suits ($7.85M), Footwear Parts ($5.79M), and Other Furniture ($4.38M). During the last 27 years the exports of Albania to Romania have increased at an annualized rate of 24.9%, from $95.6k in 1995 to $38.5M in 2022.

In 2017, Albania exported services to Romania worth $12.1M, with Travel ($7.79M), Other business services ($2.49M), and Transportation ($1.02M) being the largest in terms of value.

Comparison In 2022, Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Albania ranked 72 in the Economic Complexity Index (ECI -0.23), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $144M to Albania. The main products exported from Romania to Albania were Refined Petroleum ($68.4M), Cleaning Products ($4.12M), and Bovine ($3.92M). During the last 27 years the exports of Romania to Albania have increased at an annualized rate of 11.8%, from $7.08M in 1995 to $144M in 2022.

In 2022, Albania exported $38.5M to Romania. The main products exported from Albania to Romania were Non-Knit Men's Suits ($7.85M), Footwear Parts ($5.79M), and Other Furniture ($4.38M). During the last 27 years the exports of Albania to Romania have increased at an annualized rate of 24.9%, from $95.6k in 1995 to $38.5M in 2022.

Exports from Romania () to Albania () (2022)

Exports from Albania () to Romania () (2022)

Latest Data

Trade between Romania () and Albania ()

Romania Exports

Date

Albania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Albania
Top DestinationItaly$1.75B

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

In 2021, countries that imported more from Romania than Albania were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2021, countries that imported more from Albania than Romania were Montenegro ($80.8M), Malta ($27.4M), and Zimbabwe ($257k).

Difference in imports from Albania () and Romania () (2022)

Comparative Advantage Romania - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Albania in the exports of Mineral Products ($70.1M), Machines ($15.5M), and Chemical Products ($11.6M).

During 2022, Albania had a large net trade with Romania in the exports of Textiles ($13M), Footwear and Headwear ($6.01M), and Metals ($5.57M).

Service Trade

Bilateral Service Trade

In 2017, Albania exported services to Romania worth $12.1M, with Travel ($7.79M), Other business services ($2.49M), and Transportation ($1.02M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Albania () to Romania () (2017)

Economic Complexity

Competitive Landscape

Year

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 Romania has comparative advantage over Albania. Similarly, the more yellow a dot/product is, the more Albania has comparative advantage over Romania.

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Historical Data

Bilateral Trade by Products

Exports from Romania () to Albania () (2022)

Exports from Albania () to Romania () (2022)

Latest Data

Trade between Romania () and Albania ()

Romania Exports

Albania Exports

Market Competitiveness

Difference in imports from Albania () and Romania () (2022)

Comparative Advantage Romania - Albania

Service Trade

Bilateral Service Trade

Services Exports from Albania () to Romania () (2017)

Economic Complexity

Competitive Landscape

Product Space of Romania () and Albania () (2022)

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