Albania Balance of Trade  1993-2018 | Data | Chart | Calendar | Forecast

Albania's trade deficit widened to ALL 31 billion in July 2018 from ALL 30 billion in the same month of the previous year. Imports rose 5.4 percent to ALL 58 billion, driven by purchases of machinery equipment, spare parts (6.9 percent); chemical and plastic products (5.2 percent); and construction materials and metals (9.5 percent). Among major trading partners, imports increased from China (19 percent), Russia (306.7 percent) and Croatia (103.9 percent). Exports went up 7.9 percent to ALL 27 billion, boosted by sales of construction materials and metals (28.6 percent); and mineral fuels, electricity (22.5 percent). Exports rose mainly to Italy (6.2 percent) and Kosovo (48.6 percent). Considering January to July, the trade deficit narrowed to ALL 182 billion from ALL 192 billion in the same period of 2017. Balance of Trade in Albania averaged -17388.37 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.

Albania Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-18 09:45 AM Balance of Trade ALL-27B ALL-26B ALL-30B
2018-07-17 10:00 AM Balance of Trade ALL-27B ALL-27B ALL -33.7B
2018-08-17 10:00 AM Balance of Trade ALL-31B ALL-27B ALL -29.5B
2018-09-17 10:00 AM Balance of Trade ALL-31B ALL -31B
2018-10-17 10:00 AM Balance of Trade ALL -29.7B
2018-11-19 11:00 AM Balance of Trade ALL -31.8B


Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -31125.00 -27396.00 -974.05 -39313.20 ALL Million [+]
Exports 26698.00 26580.50 30124.90 96.64 ALL Million [+]
Imports 57823.00 53976.80 60805.50 1601.39 ALL Million [+]
Current Account -164.57 -294.53 32.35 -453.26 EUR Million [+]
Current Account to GDP -6.40 -7.50 2.24 -15.70 percent [+]
Capital Flows -127.49 -374.91 357.92 -377.86 EUR Million [+]
Gold Reserves 1.60 1.60 3.73 1.57 Tonnes [+]
Foreign Direct Investment 283.50 232.20 337.27 28.01 EUR Million [+]
External Debt 7905.70 7927.80 7977.70 1269.00 EUR Million [+]
Crude Oil Production 20.00 20.00 24.00 5.00 BBL/D/1K [+]
Terrorism Index 1.49 1.10 2.12 0.00 [+]
Tourist Arrivals 1706295.00 893017.00 2465389.00 62116.00 [+]
Remittances 147.40 172.34 295.68 115.07 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-31125.00 -27396.00 -974.05 -39313.20 1993 - 2018 ALL Million Monthly




balance of trade by Country
Country Last
Australia 1873.00 Jun/18
Brazil 4227.00 Jul/18
Canada -625.50 Jun/18
China 280.50 Jul/18
Euro Area 22509.60 Jun/18
France -6248.00 Jun/18
Germany 21792.00 Jun/18
India -18020.00 Jul/18
Indonesia -2030.30 Jul/18
Italy 5071.00 Jun/18
Japan -231.21 Jul/18
Mexico -897.00 Jun/18
Netherlands 4813.00 Jun/18
Russia 15555.00 Jun/18
South Korea 7006.00 Jul/18
Spain -2153628.00 May/18
Switzerland 1308.99 Jun/18
Turkey -5496.69 Jun/18
United Kingdom -1861.00 Jun/18
United States -46348.00 Jun/18


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