Albania Balance of Trade  1993-2017 | Data | Chart | Calendar | Forecast

The trade deficit in Albania increased by 15.2 percent year-on-year to ALL 32 billion in October of 2017 from ALL 28 billion in the same month of the previous year. Exports rose 14.2 percent year-on-year to ALL 24.8 billion, mainly boosted by sales of textiles & footwear (up 13.5 percent); construction materials and metals (34.9 percent) and machinery, equipment and spare parts (29.8 percent). Sales expanded mostly to Spain (80.9 percent), Austria (30.4 percent) and (17.1 percent), while they dropped for Turkey (-63.7 percent). Imports advanced 14.8 percent to ALL 57.2 billion, led by purchases of minerals, fuels and electricity (50.1 percent); construction materials and metals (34.6 percent) and machinery, equipment and spare parts (8.9 percent). Imports increased mostly from Switzerland (152.5 percent), Austria (137.6 percent) and Russia (51.3 percent) but they fell for the US (-17.7 percent). Balance of Trade in Albania averaged -17072.29 ALL Million from 1993 until 2017, 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.

Albania Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-18 10:00 AM Balance of Trade ALL-31B ALL-28B ALL-27.2B
2017-10-17 09:45 AM Balance of Trade ALL-29B ALL-31B ALL-28B
2017-11-17 11:00 AM Balance of Trade ALL-32B ALL-29B ALL-30B
2017-12-18 11:00 AM Balance of Trade ALL-32B
2018-01-17 11:00 AM Balance of Trade
2018-02-17 11:00 AM Balance of Trade


Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -32424.00 -29119.30 -974.05 -39313.20 ALL Million [+]
Exports 24761.00 24044.10 25317.30 96.64 ALL Million [+]
Imports 57185.00 53163.40 59045.20 1601.39 ALL Million [+]
Current Account -231.04 -151.66 32.35 -453.26 EUR Million [+]
Current Account to GDP -12.10 -10.10 2.24 -15.70 percent [+]
Capital Flows -86.55 -279.46 357.92 -377.86 EUR Million [+]
Gold Reserves 1.57 1.57 3.73 1.57 Tonnes [+]
Foreign Direct Investment 200.08 180.24 337.27 28.01 EUR Million [+]
Crude Oil Production 21.00 21.00 24.00 5.00 BBL/D/1K [+]
External Debt 7850.60 7980.00 7980.00 1269.00 EUR Million [+]
Terrorism Index 1.49 1.10 2.12 0.00 [+]
Tourist Arrivals 2465389.00 1157354.00 2465389.00 62116.00 [+]
Remittances 162.67 136.48 295.68 115.07 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-32424.00 -29119.30 -974.05 -39313.20 1993 - 2017 ALL Million Monthly




balance of trade by Country
Country Last
Australia 105.00 Oct/17
Brazil 3545.75 Nov/17
Canada -1474.50 Oct/17
China 402.10 Nov/17
Euro Area 26364.90 Sep/17
France -4956.00 Oct/17
Germany 18900.00 Oct/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 285.36 Oct/17
Mexico -2066.00 Oct/17
Netherlands 6258.00 Sep/17
Russia 9832.00 Oct/17
South Korea 7800.00 Nov/17
Spain -2147708.00 Oct/17
Switzerland 2333.39 Oct/17
Turkey -7324.23 Oct/17
United Kingdom -1405.00 Oct/17
United States -48731.00 Oct/17