Albania recorded a trade deficit of 37098.80 ALL Million in August of 2021. source: Instituti i Statistikave (INSTAT)

Balance of Trade in Albania averaged -18677.10 ALL Million from 1993 until 2021, reaching an all time high of -974.05 ALL Million in April of 1997 and a record low of -39485.30 ALL Million in July of 2021. 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 September of 2021.

Balance of Trade in Albania is expected to be -37000.00 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Balance of Trade is projected to trend around -37000.00 ALL Million in 2022 and -38500.00 ALL Million in 2023, according to our econometric models.

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Albania Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-37098.80 -39485.30 -974.05 -39485.30 1993 - 2021 ALL Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-06-16 10:00 AM May ALL-29B ALL-34B ALL-32B
2021-07-19 09:00 AM Jun ALL-32B ALL-29B
2021-08-17 10:00 AM Jul ALL-39.5B ALL-32B
2021-09-17 11:00 AM Aug ALL-37.1B ALL-39.5B
2021-10-18 10:00 AM Sep ALL-37.1B ALL -37B
2021-11-17 11:00 AM Oct
2021-12-17 11:00 AM Nov

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.