Exports from Albania fell 4.4% year-on-year to ALL 25 billion in June 2019, dragged down by lower sales of textile & footwear (-0.9%); machinery, equipment & spare parts (-7.3 percent) and minerals, fuels & electricity (-21.1%) while increases were recorded in shipments of food, beverages & tobacco (10.2%). Among major trading partners, exports fell to Kosovo (-9.9%) and Greece (-1.8%) while those went up to Italy (0.3%). Exports in Albania averaged 9940.19 ALL Million from 1993 until 2019, reaching an all time high of 30166.20 ALL Million in May of 2018 and a record low of 96.64 ALL Million in March of 1997.
Exports in Albania is expected to be 24600.00 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Albania to stand at 23700.00 in 12 months time. In the long-term, the Albania Exports is projected to trend around 25500.00 ALL Million in 2020, according to our econometric models.