The trade gap in Albania rose to ALL 31 billion in May of 2019 from ALL 27 billion in the same month of the previous year. Exports fell 8.2% to ALL 28 billion, dragged down by lower sales of textiles & footwear (-6.9%); minerals, fuels, electricity (-19.8%); construct, materials & metals (-14.8%) and food, beverages & tobacco (-1.3%). Meanwhile, imports increased 3.8% to ALL 59 billion, boosted by purchases of textiles & footwear (+4.7%); construct, materials & metals (+13.3%) and minerals, fuels & electricity (+33.1 percent). On the other hand, imports dropped for machinery, equipment & parts (-2.6%) and food, beverages & tobacco (-3.1%). Balance of Trade in Albania averaged -17742.41 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 -38800.00 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
2019-03-18 11:00 AM Balance of Trade ALL-27B ALL-20B ALL- 22B
2019-04-17 09:00 AM Balance of Trade ALL-28B ALL-27B ALL- 28.9B
2019-05-17 09:20 AM Balance of Trade ALL-30B ALL-28B ALL- 31B
2019-06-17 09:25 AM Balance of Trade ALL-31B ALL-30B ALL-33B
2019-07-17 10:00 AM Balance of Trade ALL-31B ALL-33.4B
2019-08-19 10:00 AM Balance of Trade
2019-09-17 09:40 AM Balance of Trade


Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -31231.00 -30284.10 -974.05 -39313.20 ALL Million [+]
Current Account -243.28 -363.58 32.35 -453.26 EUR Million [+]
Current Account to GDP -6.30 -7.50 2.24 -15.70 percent [+]
Imports 58914.00 56952.00 60809.20 1601.39 ALL Million [+]
Exports 27683.00 26667.90 30166.20 96.64 ALL Million [+]
Capital Flows -271.15 -499.62 357.92 -755.89 EUR Million [+]
Gold Reserves 1.60 1.60 3.73 1.57 Tonnes [+]
Foreign Direct Investment 266.03 210.78 337.40 28.01 EUR Million [+]
External Debt 8411.10 8346.60 8411.10 2405.70 EUR Million [+]
Crude Oil Production 14.00 14.00 24.00 5.00 BBL/D/1K [+]
Terrorism Index 1.01 1.49 2.12 0.00 [+]
Tourist Arrivals 864980.00 3142318.00 3142318.00 62116.00 [+]
Remittances 170.05 181.71 295.68 115.07 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-31231.00 -30284.10 -974.05 -39313.20 1993 - 2019 ALL Million Monthly




Country Last Previous
Argentina 1131.00 Apr/19
Australia 4871.00 Apr/19
Brazil 6422.00 May/19
Canada -966.20 Apr/19
China 416.58 May/19
Euro Area 22532.90 Mar/19
France -4981.00 Apr/19
Germany 17900.00 Apr/19
India -15360.00 May/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1370.00 Apr/19
Netherlands 4154.00 Apr/19
Russia 13705.00 Apr/19
Saudi Arabia 180059.00 Dec/18
Singapore 3962.64 May/19
South Africa -3427.45 Apr/19
South Korea 2271.00 May/19
Spain -2352600.00 Mar/19
Switzerland 1906.00 Apr/19
Turkey -2982.01 Apr/19
United Kingdom -2740.00 Apr/19
United States -50791.00 Apr/19


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