The trade deficit in Albania decreased to ALL 38 .4 billion in December of 2018 from ALL 38.8 billion in the same month of the previous year. Imports dropped 1.3 percent to ALL 60.0 billion, dragged down by lower purchases of machinery & equipment (-5.2 percent); food, beverages & tobacco (-1.5 percent) and minerals, fuels & electricity (-9.4 percent). Among major trading partners, imports slump from Italy (-12.9 percent) and Austria (-65.2 percent). Meanwhile, exports fell 1.7 percent to ALL 21.6 billion, as sales went down for textiles & footwear (-4.9 percent); construction materials & metals (-2.7 percent) and minerals, fuels & electricity (-0.8 percent). Shipments decreased to Italy (-11.3 percent); Greece (-3 percent) and Macedonia (-9.7 percent) while those to Kosovo advanced 44.6 percent. Balance of Trade in Albania averaged -17519.35 ALL Million from 1993 until 2018, 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 -28900.00 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
2018-10-17 09:10 AM Balance of Trade ALL-25B ALL-28B ALL -29.7B
2018-11-19 11:00 AM Balance of Trade ALL-28B ALL-25B ALL -31.8B
2018-12-17 11:00 AM Balance of Trade ALL-29B ALL-28B ALL -29.1B
2019-01-17 10:15 AM Balance of Trade ALL-38B ALL-29B ALL -33.8B
2019-02-18 11:00 AM Balance of Trade ALL-38B
2019-03-18 11:00 AM Balance of Trade
2019-04-17 08:35 AM Balance of Trade


Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -38422.00 -28819.30 -974.05 -39313.20 ALL Million [+]
Current Account -146.41 -172.59 32.35 -453.26 EUR Million [+]
Current Account to GDP -6.40 -7.50 2.24 -15.70 percent [+]
Imports 60030.00 55933.40 60809.20 1601.39 ALL Million [+]
Exports 21608.00 27114.10 30164.00 96.64 ALL Million [+]
Capital Flows -143.01 -264.52 357.92 -377.86 EUR Million [+]
Gold Reserves 1.60 1.60 3.73 1.57 Tonnes [+]
Foreign Direct Investment 212.00 281.90 337.40 28.01 EUR Million [+]
External Debt 8041.30 8111.40 8111.40 2405.70 EUR Million [+]
Crude Oil Production 14.00 14.00 24.00 5.00 BBL/D/1K [+]
Terrorism Index 1.49 1.10 2.12 0.00 [+]
Tourist Arrivals 3142318.00 1242616.00 3142318.00 62116.00 [+]
Remittances 181.71 148.63 295.68 115.07 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-38422.00 -28819.30 -974.05 -39313.20 1993 - 2018 ALL Million Monthly




Country Last Previous
Argentina 979.00 Nov/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3843.00 Nov/18
Japan -737.30 Nov/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 19697.00 Oct/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -3836500.00 Oct/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


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