Imports to Albania edged down 0.7 percent to ALL 41.8 billion, the lowest since January 2017. Imports dropped for minerals, fuels & electricity (-25 percent); textile & footwear (-3.2 percent) and chemical & plastic products (-4.6 percent). On the other hand, imports rose for machinery, equipment & spare parts (+8.6 percent) and food, beverages & tobacco (+1.5 percent). Among major trading partners, imports increased from Turkey, Greece, Germany and Russia. Albania Imports - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Imports in Albania averaged 28267.33 ALL Million from 1993 until 2020, reaching an all time high of 60809.20 ALL Million in December of 2017 and a record low of 1601.39 ALL Million in March of 1997. This page provides the latest reported value for - Albania Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Imports in Albania is expected to be 57500.00 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Albania to stand at 62500.00 in 12 months time. In the long-term, the Albania Imports is projected to trend around 62500.00 ALL Million in 2021 and 64000.00 ALL Million in 2022, according to our econometric models.