No, almond paste is made of ground almonds and sugar, while almond butter is made only of ground almonds.  Almond Paste is a thick, smooth spread used in baking, while almond butter is more like a thick, creamy sauce.  They both have a nutty taste and are high in monounsaturated fats. Still, almond paste is sweeter and more sugar-intensive than almond butter, containing added sugar.