Albania recorded a trade deficit of 32779.40 ALL Million in March of 2021. source: Instituti i Statistikave (INSTAT)

Balance of Trade in Albania averaged -18444.54 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 -39313.20 ALL Million in December of 2011. 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 May 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. Looking forward, we estimate Balance of Trade in Albania to stand at -38500.00 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
-32779.40 -27474.70 -974.05 -39313.20 1993 - 2021 ALL Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-01-18 03:00 PM Dec ALL-38B ALL-28B ALL -33B
2021-02-18 12:00 PM Jan ALL-22B ALL-38B
2021-03-17 10:45 AM Feb ALL-27B ALL-22B
2021-04-20 02:00 PM Mar ALL-33B ALL-27B ALL-26B
2021-05-17 10:00 AM Apr ALL-33B ALL-30B
2021-06-16 10:00 AM May
2021-07-19 10:00 AM Jun
2021-08-17 10:00 AM Jul

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.