Albania Balance of Trade

Last Release

Jan 31, 2025

Actual

-29,023

Units In

ALL Million

-53,143

Frequency

Monthly

Next Release

Mar 17, 2025

Time to Release

26 Days 11 Hours

Highest	Lowest	Average	Date Range	Source
-974.05 Apr 1997	-55,942.8 Dec 2021	-20,907.8 ALL Million	1993-2025	Instituti i Statistikave (INSTAT)

Albania’s structural deficiencies are the main factor behind consistent trade deficits. Albania’s main exports are footwear, clothing, metals, fuels and lubricants, raw materials, machinery and equipment and food. Albania’s main imports are machinery and equipment, fuels and lubricants, food, chemicals and beverages and tobacco. Albania’s main trading partners are Italy, Greece, Turkey, China, Germany, Serbia, Switzerland, Spain, France, Macedonia and Bulgaria.

Latest Updates

Albania’s trade deficit narrowed to ALL 29 billion in January 2025, down from ALL 30.4 billion in the same month of the previous year. This marks the smallest trade deficit since January 2023, as exports rose by 4.9% year-on-year to ALL 31 billion, with the largest contributions coming from minerals, fuels, and electricity (+13.0 percentage points), food, beverages, and tobacco (+0.5 percentage points), and machinery, equipment, and spare parts (+0.3 percentage points). Among trading partners, the countries with the highest increases in exports were Kosovo (+91.6%), Spain (+86%), and Greece (+2%). Meanwhile, imports grew at a modest 0.1% to ALL 60 billion. Gains in minerals, fuels, and electricity (+1.67 percentage points) and food, beverages, and tobacco (+1.65 percentage points) were largely offset by a decline in construction materials and metals (-3.3 percentage points). The highest import values were recorded from China (+45.4%), Italy (+5.9%), and Greece (+2.1%).