The trade deficit in Albania decreased to ALL 24.7 billion in September of 2018 from ALL 29.3 billion in the same month of the previous year. Exports advanced 8.7 percent to ALL 26.2 billion, boosted by higher sales of textiles & footwear (+1.8 percent); construct, materials & metals (+19.7 percent) and minerals, fuels & electricity (+16 percent). Among major trading partners, exports increased to Italy (+0.9 percent); Kosovo (+50.1 percent) and Spain (+47.5 percent). Additionally, imports fell 4.7 percent to ALL 50.9 billion, dragged down by lower purchases of machinery & equipment (-4.9 percent); chemicals & plastic products (-3.2 percent) and minerals, fuels & electricity (-29.4 percent). Imports declined mainly from Italy (-7.3 percent) and Germany (-23.3 percent); while those from Greece increased (+13.8 percent). Balance of Trade in Albania averaged -17445.60 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
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Calendar GMT Actual Previous Consensus TEForecast
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 09:10 AM Balance of Trade ALL-25B ALL-28B ALL -29.7B
2018-11-19 11:00 AM Balance of Trade ALL-25B 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 -24721.00 -27740.00 -974.05 -39313.20 ALL Million [+]
Exports 26160.00 20375.00 30124.90 96.64 ALL Million [+]
Imports 50881.00 48115.00 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 212.00 281.90 337.40 28.01 EUR Million [+]
External Debt 8111.40 7948.50 8111.40 2405.70 EUR Million [+]
Crude Oil Production 14.00 14.00 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 181.71 148.63 295.68 115.07 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-24721.00 -27740.00 -974.05 -39313.20 1993 - 2018 ALL Million Monthly




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 2564.00 Aug/18
Japan 139.56 Sep/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 3685.26 Sep/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 1447.00 Sep/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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