The trade deficit in Albania decreased to ALL 28.1 billion in March of 2019 from ALL 28.2 billion in the same month of the previous year. Exports went up 2.7 percent to ALL 28 billion, as sales increased for machinery, equipment & spare parts (70.1 percent), food, beverages & tobacco (18.6 percent) and construction materials & metals (6.4 percent). Among major trading partners, shipments increased for Italy (7.3 percent), Kosovo (86.8 percent) and Macedonia (45.6 percent) while those to Germany fell 13.6 percent. Imports rose 1.1 percent to ALL 56 billion, due to higher purchases of mineral, fuels & electricity (45.3 percent), construction materials & metals (12.9 percent) and chemical & plastic products (7.2 percent). Imports increased from Greece (18 percent), China (17 percent) and from the US (19.4 percent) while those went down from Italy (-1.6 percent). Balance of Trade in Albania averaged -17657.90 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
2019-01-17 10:15 AM Balance of Trade ALL-38B ALL-29B ALL -33.8B
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-28B ALL- 31B
2019-06-17 09:45 AM Balance of Trade
2019-07-17 10:00 AM Balance of Trade


Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -28063.50 -27043.80 -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 55867.50 49638.20 60809.20 1601.39 ALL Million [+]
Exports 27804.00 22594.40 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-28063.50 -27043.80 -974.05 -39313.20 1993 - 2019 ALL Million Monthly




Country Last Previous
Argentina 460.00 Feb/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.47 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -4483276.00 Jan/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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