Albania Balance of Trade  1993-2018 | Data | Chart | Calendar | Forecast

The trade deficit in Albania narrowed to ALL 27.7 billion in August of 2018 from ALL 30.9 billion in the same month of the previous year. Despite the decline in sales of textiles and footwear (-6.6 percent), exports surged 10.4 percent to ALL 20.4 billion, boosted by higher sales of minerals, fuels & electricity (+61.4 percent); construct, materials & metals (+11.7 percent) and machinery & equipment (+23.9 percent). Among major trading partners, exports increased to Kosovo (+44.7 percent); Spain (+29.7 percent) and Germany (+31.2 percent) while those to Italy decreased (-6.3 percent). Also, imports fell 2.6 percent to ALL 48.12 billion, dragged down by lower purchases of food, beverages & tobacco (-2.1 percent); machinery & equipment (-4.2 percent) and minerals, fuels & electricity (-25 percent). Imports declined mainly from China (-1.3 percent); Greece (-11.9 percent) and Germany (-0.8 percent). Balance of Trade in Albania averaged -17421.98 ALL Million from 1993 until 2018, 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.

Albania Balance of Trade
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-07-17 10:00 AM Balance of Trade ALL-27B ALL-27B ALL -33.7B
2018-08-17 10:00 AM Balance of Trade ALL-31B ALL-27B ALL -29.5B
2018-09-17 09:40 AM Balance of Trade ALL-28B ALL-31B ALL -31B
2018-10-17 10:00 AM Balance of Trade ALL-28B ALL -29.7B
2018-11-19 11:00 AM Balance of Trade ALL -31.8B
2018-12-17 11:00 AM Balance of Trade ALL -29.1B


Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -27740.00 -31125.00 -974.05 -39313.20 ALL Million [+]
Exports 20375.00 26698.00 30124.90 96.64 ALL Million [+]
Imports 48115.00 57823.00 60805.50 1601.39 ALL Million [+]
Current Account -172.59 -164.57 32.35 -453.26 EUR Million [+]
Current Account to GDP -6.40 -7.50 2.24 -15.70 percent [+]
Capital Flows -264.52 -127.49 357.92 -377.86 EUR Million [+]
Gold Reserves 1.60 1.60 3.73 1.57 Tonnes [+]
Foreign Direct Investment 283.50 232.20 337.27 28.01 EUR Million [+]
External Debt 8111.40 7948.50 8111.40 2405.70 EUR Million [+]
Crude Oil Production 15.00 15.00 24.00 5.00 BBL/D/1K [+]
Terrorism Index 1.49 1.10 2.12 0.00 [+]
Tourist Arrivals 1242616.00 676888.00 2465389.00 62116.00 [+]
Remittances 147.40 172.34 295.68 115.07 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-27740.00 -31125.00 -974.05 -39313.20 1993 - 2018 ALL Million Monthly




balance of trade by Country
Country Last
Argentina -789.00 Jul/18
Australia 1551.00 Jul/18
Brazil 3774.99 Aug/18
Canada -114.30 Jul/18
China 279.10 Aug/18
Euro Area 17555.60 Jul/18
France -3490.00 Jul/18
Germany 16461.00 Jul/18
India -17390.00 Aug/18
Indonesia -1021.40 Aug/18
Italy 5676.00 Jul/18
Japan -444.59 Aug/18
Mexico -2889.20 Jul/18
Netherlands 4612.00 Jul/18
Russia 13402.00 Jul/18
Saudi Arabia 120299.00 Mar/18
Singapore 6755.10 Aug/18
South Africa -4657.00 Jul/18
South Korea 6900.00 Aug/18
Spain -3247700.00 Jul/18
Switzerland 1407.94 Aug/18
Turkey -5980.00 Jul/18
United Kingdom -111.00 Jul/18
United States -50082.00 Jul/18


Related

Latest