Albania Balance of Trade - Forecast

Balance of Trade in Albania is expected to be -33700.00 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 -28900.00 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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Albania Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -28114 -33700 -29700 -39000 -28900 -38500
Exports 27044 23400 25100 22500 26200 25500
Imports 55158 57100 54800 61500 55100 64000
Current Account -295 -279 -129 -266 -141 -223
Current Account to GDP -12.1 -6.6 -6.6 -6.6 -4.9 -4.2
Capital Flows -375 -222 -221 -221 -221 -221
Gold Reserves 1.6 1.57 1.57 1.57 1.57 1.57
Remittances 172 163 167 169 155 171
Terrorism Index 1.49 0.95 1 1.04 1 0.74
Tourist Arrivals 893017 1199600 1721200 1352700 1613000 1502900
External Debt 7928 7844 7844 7844 7844 7844
Crude Oil Production 21 20.78 20.69 20.59 20.49 19.53
Foreign Direct Investment 232 249 249 249 249 249