Albania recorded a trade deficit of 35883 ALL Million in September of 2021. source: Instituti i Statistikave (INSTAT)

Balance of Trade in Albania averaged -18726.98 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 October 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

Calendar GMT Actual Previous Consensus TEForecast
2021-09-17 11:00 AM Aug ALL-37.1B ALL-39.5B
2021-10-18 10:00 AM Sep ALL-35.9B ALL-37.1B ALL -37B
2021-11-17 11:00 AM Oct ALL-35.9B

Albania Last Unit Reference Previous Highest Lowest
Balance of Trade -35883.00 ALL Million Sep/21 -37098.80 -974.05 -39485.30
Imports 69004.00 ALL Million Sep/21 60854.80 71578.00 1601.39
Exports 33121.00 ALL Million Sep/21 23756.00 34856.50 96.64
Tourist Arrivals 1174138.00 Jun/21 513781.00 3325050.00 62116.00

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.