Albania recorded a trade deficit of 23000 ALL Million in May of 2020.
Balance of Trade in Albania averaged -18097.35 ALL Million from 1993 until 2020, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Balance of Trade in Albania is expected to be -31500.00 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 -37000.00 in 12 months time. In the long-term, the Albania Balance of Trade is projected to trend around -37000.00 ALL Million in 2021 and -38500.00 ALL Million in 2022, according to our econometric models.