The trade deficit in Albania increased to ALL 30 billion in April 2019 from ALL 26 billion in the same month of the previous year. Exports fell 0.2% to ALL 27 billion, dragged down by lower sales of mineral, fuels & electricity (-36.9%) while increases were recorded in shipments of machinery equipment (45.8%); construction materials & metals (12.9%) and food, beverages & tobacco (17%). Among major trading partners, exports fell to Italy (-5.7%), the US (-6.7%) and Switzerland (-96.9%) while those increased to Kosovo (70.4%). Imports went up 8.4 percent to ALL 57 billion, due to higher purchases of construction materials & metals (28.3%); minerals, fuels and electricity (32.1%) and machinery equipment (10.5%) while imports dropped for chemical & plastic products (-8.1%). Imports rose from Turkey (19.4%), Greece (36.5%) and China (62.9%) while those went down from Italy (-6.7%). Balance of Trade in Albania averaged -17697.85 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 -33400.00 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
2019-02-18 10:40 AM Balance of Trade ALL-20B ALL-38B ALL -20.8B
2019-03-18 11:00 AM Balance of Trade ALL-27B ALL-20B ALL- 22B
2019-04-17 09:00 AM Balance of Trade ALL-28B ALL-27B ALL- 28.9B
2019-05-17 09:20 AM Balance of Trade ALL-30B ALL-28B ALL- 31B
2019-06-17 09:45 AM Balance of Trade ALL-30B
2019-07-17 10:00 AM Balance of Trade
2019-08-19 10:00 AM Balance of Trade


Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -30284.00 -28063.50 -974.05 -39313.20 ALL Million [+]
Current Account -363.58 -147.52 32.35 -453.26 EUR Million [+]
Current Account to GDP -6.30 -7.50 2.24 -15.70 percent [+]
Imports 56952.00 55867.50 60809.20 1601.39 ALL Million [+]
Exports 26668.00 27804.00 30164.00 96.64 ALL Million [+]
Capital Flows -499.62 -149.07 357.92 -755.89 EUR Million [+]
Gold Reserves 1.60 1.60 3.73 1.57 Tonnes [+]
Foreign Direct Investment 266.03 210.78 337.40 28.01 EUR Million [+]
External Debt 8346.60 8041.30 8346.60 2405.70 EUR Million [+]
Crude Oil Production 14.00 14.00 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 170.05 181.71 295.68 115.07 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-30284.00 -28063.50 -974.05 -39313.20 1993 - 2019 ALL Million Monthly




Country Last Previous
Argentina 1183.00 Mar/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.39 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 528.50 Mar/19
Mexico 1429.00 Mar/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2627773.00 Feb/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19


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