Albania’s trade deficit rose by 13.3 percent to ALL 31.5 billion in August of 2019 from ALL 27.8 billion in the same month of the previous year, as exports fell 2 percent to ALL 20 billion while imports went up 6.8 percent to ALL 52 billion. Balance of Trade in Albania averaged -17861.02 ALL Million from 1993 until 2019, reaching an all time high of -974.05 ALL Million in April of 1997 and a record low of -39313.20 ALL Million in December of 2011.

Balance of Trade in Albania is expected to be 0.00 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Albania to stand at -31500.00 in 12 months time. In the long-term, the Albania Balance of Trade is projected to trend around -38500.00 ALL Million in 2020, according to our econometric models.

Albania Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-17 09:25 AM Balance of Trade May ALL-31B ALL-30B ALL-33B
2019-07-17 10:00 AM Balance of Trade Jun ALL-28B ALL-31B ALL-33.4B
2019-08-19 09:30 AM Balance of Trade Jul ALL-32B ALL-28B ALL-32.5B
2019-09-17 09:30 AM Balance of Trade Aug ALL-32B ALL-32B ALL-28B
2019-10-17 09:00 AM Balance of Trade Sep ALL-32B ALL -25.4B
2019-11-18 11:00 AM Balance of Trade Oct ALL-27B
2019-12-17 11:00 AM Balance of Trade Nov ALL-35B


Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -31500.00 -31790.00 -974.05 -39313.20 ALL Million [+]
Current Account -273.28 -243.86 32.35 -453.26 EUR Million [+]
Current Account to GDP -6.30 -7.50 2.24 -15.70 percent [+]
Imports 51544.60 59757.80 60809.20 1601.39 ALL Million [+]
Exports 20044.60 27754.20 30166.20 96.64 ALL Million [+]
Capital Flows -294.78 -281.25 357.92 -755.89 EUR Million [+]
Gold Reserves 2.07 1.60 3.73 1.57 Tonnes [+]
Foreign Direct Investment 247.57 287.62 337.40 28.01 EUR Million [+]
External Debt 8339.40 8420.70 8420.70 2405.70 EUR Million [+]
Crude Oil Production 15.00 15.00 24.00 5.00 BBL/D/1K [+]
Terrorism Index 1.01 1.49 2.12 0.00 [+]
Tourist Arrivals 1441925.00 695027.00 3142318.00 62116.00 [+]
Remittances 185.17 150.17 295.68 115.07 EUR Million [+]


Albania Balance of Trade

Albania’s structural deficiencies are the main factor behind consistent trade deficits. Albania’s main exports are footwear, clothing, metals, fuels and lubricants, raw materials, machinery and equipment and food. Albania’s main imports are machinery and equipment, fuels and lubricants, food, chemicals and beverages and tobacco. Albania’s main trading partners are Italy, Greece, Turkey, China, Germany, Serbia, Switzerland, Spain, France, Macedonia and Bulgaria. This page provides the latest reported value for - Albania Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Albania Balance of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-31500.00 -31790.00 -974.05 -39313.20 1993 - 2019 ALL Million Monthly




Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 24789.70 Jul/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -13450.00 Aug/19
Indonesia 85.10 Aug/19
Italy 7630.87 Jul/19
Japan -136.30 Aug/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3787.85 Aug/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -2490000.00 Jul/19
Switzerland 1152.71 Aug/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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