Exports from Albania surged 6.7 percent year-on-year to ALL 27.1 billion in November 2018, boosted by sales of textiles, footwear (7.2%); wood & paper products (66.3%); construction materials & metals (11.2%) and chemicals and plastic products (28.3%). In contrast, shipments fell primarily for minerals, fuels & electricity (-2.6%). Among major trading partners, exports grew to Kosovo (34.9%), Spain (63.9%) and Germany (22.4%) but decreased to Italy (-2.3%), China (-21.5%) and the US (-14.4%). Exports in Albania averaged 9605 ALL Million from 1993 until 2018, reaching an all time high of 30164 ALL Million in May of 2018 and a record low of 96.64 ALL Million in March of 1997.
Exports in Albania is expected to be 22500.00 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Albania to stand at 26931.60 in 12 months time. In the long-term, the Albania Exports is projected to trend around 25500.00 ALL Million in 2020, according to our econometric models.