Denmark (DNK) and Albania (ALB) Trade | The Observatory of Economic Complexity

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Denmark-Albania In 2022, Denmark exported $31.2M to Albania. The main products that Denmark exported to Albania are Crustaceans ($23M), Other Non-Metal Removal Machinery ($930k), and Orthopedic Appliances ($747k). During the last 27 years the exports of Denmark to Albania have increased at an annualized rate of 5.85%, from $6.72M in 1995 to $31.2M in 2022.

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

Albania-Denmark In 2022, Albania exported $2.21M to Denmark. The main products that Albania exported to Denmark were Petroleum Gas ($353k), Lettuce ($273k), and Other Furniture ($260k). During the last 27 years the exports of Albania to Denmark have decreased at an annualized rate of 0.66%, from $2.65M in 1995 to $2.21M in 2022.

In 2017, Albania exported services to Denmark worth $3.61M, with Travel ($2.15M), Other business services ($565k), and Royalties and license fees ($452k) being the largest in terms of value.

Comparison In 2022, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). 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, Denmark exported $31.2M to Albania. The main products exported from Denmark to Albania were Crustaceans ($23M), Other Non-Metal Removal Machinery ($930k), and Orthopedic Appliances ($747k). During the last 27 years the exports of Denmark to Albania have increased at an annualized rate of 5.85%, from $6.72M in 1995 to $31.2M in 2022.

In 2022, Albania exported $2.21M to Denmark. The main products exported from Albania to Denmark were Petroleum Gas ($353k), Lettuce ($273k), and Other Furniture ($260k). During the last 27 years the exports of Albania to Denmark have decreased at an annualized rate of 0.66%, from $2.65M in 1995 to $2.21M in 2022.

Exports from Denmark () to Albania () (2022)

Exports from Albania () to Denmark () (2022)

Latest Data

Trade between Denmark () and Albania ()

Denmark Exports

Date

Albania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$18.9B

Albania
Top DestinationItaly$1.75B

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

In 2021, countries that imported more from Denmark than Albania were Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2021, countries that imported more from Albania than Denmark were North Macedonia ($101M) and Montenegro ($80.8M).

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

Comparative Advantage Denmark - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Denmark had a large net trade with Albania in the exports of Animal Products ($23.7M), Machines ($2.97M), and Foodstuffs ($1.43M).

During 2022, Albania had a large net trade with Denmark in the exports of Miscellaneous ($449k), Footwear and Headwear ($402k), and Vegetable Products ($357k).

Service Trade

Bilateral Service Trade

In 2017, Albania exported services to Denmark worth $3.61M, with Travel ($2.15M), Other business services ($565k), and Royalties and license fees ($452k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Albania () to Denmark () (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 Denmark has comparative advantage over Albania. Similarly, the more yellow a dot/product is, the more Albania has comparative advantage over Denmark.

About

Historical Data

Bilateral Trade by Products

Exports from Denmark () to Albania () (2022)

Exports from Albania () to Denmark () (2022)

Latest Data

Trade between Denmark () and Albania ()

Denmark Exports

Albania Exports

Market Competitiveness

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

Comparative Advantage Denmark - Albania

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

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