Albania Trade Gap Largest in 5-Months
2026-06-17 10:14
By
Mariene Camarillo
1 min. read
Albania’s trade deficit widened to ALL 48.2 billion in May 2026 from ALL 45.8 billion in the same month a year earlier, marking the largest shortfall in five months.
Exports rose 2.8% year-on-year to ALL 32.7 billion, driven by higher shipments of food, beverages, and tobacco (+17.5%), construction materials and metals (+16.5%), and machinery, equipment, and spare parts (+10.5%).
Among key trading partners, exports increased the most to Austria (+106.7%), China (+170.2%), and Turkey (+74.6%), while sales to Spain (-21.6%), Macedonia (-14.1%), and Switzerland (-10.6%) declined.
Meanwhile, imports grew 4.1% to ALL 80.9 billion, lifted by stronger purchases of minerals, fuels, and electricity (+40.2%), chemicals and plastic products (+6.4%), and wood and paper products (+6.4%).
Imports increased significantly from Switzerland (+115.9%), followed by Russia (+49.4%), China (+29.2%), and Kosovo (+22.3%), while purchases dropped from Croatia (-22.9%), Macedonia (-22.0%), and Spain (-18.9%).