Exports from Albania jumped 21.2 percent year-on-year to ALL 30.1 billion in October 2018, boosted by minerals, fuels & electricity (+8.8 percent); machinery, equipment & spare parts (+4.0 percent) and construction materials & metals (+3.1 percent). Among major trading partners, exports increased to Italy (+3.5 percent); Spain (+91.7 percent) and Kosovo (+46.8 percent). Exports in Albania averaged 9547.12 ALL Million from 1993 until 2018, reaching an all time high of 30124.90 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.