Albania Imports

Imports to Albania edged up 1 percent year-on-year to ALL 58.2 billion in October 2018, driven by purchases of machinery & equipment (+1.2 percent); wood & paper products (+0.8 percent) and construction materials & metals (+0.4 percent). Contrarily, imports declined 2.1 percent for minerals, fuels & electricity. Purchases rose from Turkey (+1.7 percent); China (+17.9 percent) and Germany (+3.4 percent); while those from Italy (-4.3 percent); Russia (-28.1 percent) and Switzerland (-53 percent) decreased. Imports in Albania averaged 27026.98 ALL Million from 1993 until 2018, reaching an all time high of 60805.50 ALL Million in December of 2017 and a record low of 1601.39 ALL Million in March of 1997.

Imports in Albania is expected to be 61500.00 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Albania to stand at 54061.74 in 12 months time. In the long-term, the Albania Imports is projected to trend around 64000.00 ALL Million in 2020, according to our econometric models.

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Albania Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-28064.00	-24721.00	-974.05	-39313.20	ALL Million	[+]
Current Account	-172.59	-164.57	32.35	-453.26	EUR Million	[+]
Current Account to GDP	-6.40	-7.50	2.24	-15.70	percent	[+]
Imports	58151.00	50881.00	60805.50	1601.39	ALL Million	[+]
Exports	30087.00	26160.00	30124.90	96.64	ALL Million	[+]
Capital Flows	-264.52	-127.49	357.92	-377.86	EUR Million	[+]
Gold Reserves	1.60	1.60	3.73	1.57	Tonnes	[+]
Foreign Direct Investment	212.00	281.90	337.40	28.01	EUR Million	[+]
External Debt	8111.40	7948.50	8111.40	2405.70	EUR Million	[+]
Crude Oil Production	14.00	14.00	24.00	5.00	BBL/D/1K	[+]
Terrorism Index	1.49	1.10	2.12	0.00		[+]
Tourist Arrivals	3142318.00	1242616.00	3142318.00	62116.00		[+]
Remittances	181.71	148.63	295.68	115.07	EUR Million	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

Albania Imports

Albania’s main imports are manufactured products, machinery and equipment, fuels and lubricants, food, chemicals and beverages and tobacco. Albania’s main import partners are Italy, Greece, China, Germany, Turkey, Serbia, Switzerland, France and Spain. . This page provides the latest reported value for - Albania Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Albania Imports - actual data, historical chart and calendar of releases - was last updated on December of 2018.