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Albania Balance of Trade
Last Release
Mar 31, 2025
Actual
-38,901
Units In
ALL Million
Previous
-33,983
Frequency
Monthly
Next Release
May 19, 2025
Time to Release
29 Days 21 Hours
Highest | Lowest | Average | Date Range | Source |
-974.05 Apr 1997 | -55,942.8 Dec 2021 | -20,988.08 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 39 billion in March 2025, down from ALL 42 billion in the same month last year. Exports rose 4.9% year-on-year to ALL 35 billion, mainly driven by higher sales of minerals, fuels, and electricity (+44.1%), and to a lesser extent textiles and footwear (+4.6%) and food, beverages, and tobacco (+4.3%). Among trading partners, the largest increases in exports were to Kosovo (+83.1%), Greece (+13.2%), and Germany (+11.3%). Meanwhile, imports fell 1.4% to ALL 74 billion, primarily due to reduced purchases of construction materials and metals (-4%) and machinery, equipment, and spare parts (-9.8%). The sharpest declines in imports were from Italy (-2.8%), Turkey (-19.7%), and Germany (-12.2%). For the first quarter, the trade deficit stood at ALL 102 billion, with exports up 4.7% and imports down 3.5%.
Albania Balance of Trade History
Last 12 readings