Albania’s trade deficit widened to ALL 31.8 billion in July 2019 from ALL 31.4 billion in the same month of the previous year. Imports rose 2.3% year-on-year to ALL 59.5 billion boosted by higher purchases of mineral, fuels & electricity (20.3%); food, beverages & tobacco (6.2%); and textile & footwear (6.1%). Meantime, purchases of machinery, equipment & spare parts declined 1.2%. Among major trading partners, imports advanced from Italy (2.7%), Greece (11%) and Turkey (4.3%) but decreased from China (-2.3%), Spain (-28%) and Russia (-66.6%). Exports increased 3.6% to ALL 27.7 billion driven by sales of food, beverages & tobacco (34.9%); mineral, fuels & electricity (18.6%) and chemical & plastical products (60.7%) while sales of construction materials & metals dropped (-5.3%). Exports went up to Spain (42.1%), Germany (17.1%) and Kosovo (7.3%) but fell to Italy (-3.6%) and Montenegro (-19.3%). Balance of Trade in Albania averaged -17774.32 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
2019-05-17 09:20 AM Balance of Trade Apr ALL-30B ALL-28B ALL- 31B
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 09:40 AM Balance of Trade Aug ALL-32B
2019-10-17 09:10 AM Balance of Trade Sep ALL -33.4B
2019-11-18 11:00 AM Balance of Trade Oct


Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -31790.00 -27891.10 -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 59537.00 53372.00 60809.20 1601.39 ALL Million [+]
Exports 27747.00 25480.90 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 285.61 263.82 337.40 28.01 EUR Million [+]
External Debt 8411.10 8346.60 8411.10 2405.70 EUR Million [+]
Crude Oil Production 13.00 13.00 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 150.38 169.62 295.68 115.07 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-31790.00 -27891.10 -974.05 -39313.20 1993 - 2019 ALL Million Monthly




Country Last Previous
Argentina 1061.00 Jun/19
Australia 8036.00 Jun/19
Brazil 2290.00 Jul/19
Canada 135.80 Jun/19
China 450.50 Jul/19
Euro Area 20611.70 Jun/19
France -5187.00 Jun/19
Germany 16821.00 Jun/19
India -13430.00 Jul/19
Indonesia -60.00 Jul/19
Italy 5728.50 Jun/19
Japan -249.59 Jul/19
Mexico 2561.00 Jun/19
Netherlands 5158.00 Jun/19
Russia 12508.00 Jun/19
Saudi Arabia 131636.00 Mar/19
Singapore 2831.10 Jul/19
South Africa 4419.50 Jun/19
South Korea 2441.00 Jul/19
Spain -2110200.00 May/19
Switzerland 2671.16 Jul/19
Turkey -3177.27 Jun/19
United Kingdom 1779.00 Jun/19
United States -55154.00 Jun/19


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