Albânia flag Albânia: Contexto político-econômico

Valores de comércio da Albânia

Foreign Trade in Figures

Albania’s foreign trade represents 75% of its GDP and is mostly made with Europe (World Bank, latest data available). The country mainly imports machinery, equipment and spare parts (19.7%); minerals, fuels, electricity (18.1%); food, beverages, tobacco (15.7%); construction materials and metals (14.4%); and chemical and plastic products (12.3%). Exports are led by textile and footwear (27.8%); minerals, fuels, and electricity (22.1%); construction materials and metals (21.6%); and food, beverages, and tobacco (10.6% - data Instat 2022).

Trade with EU countries represented 59% of total trade in 2022: in this period, the share of EU countries was 73.4% of total export and 51.6% of total imports. The main trade export destinations were Italy (43.2 %), Kosovo (7.8%), Germany (6.6%), Greece (5.2%) and Spain (4.8%); whereas imports came chiefly from Italy (21.7%), Turkey(12.1%), China (8.2%), Greece (7.8%), and Germany (6.2% - data Instat).

Albania's trade balance is structurally in deficit, mainly because exports are neither sufficiently diversified nor competitive in terms of price and because of the country’s narrow production base. In 2021, merchandise exports reached USD 3.5 billion (+42% y-o-y), while imports increased at a slower pace (38.5%), to reach USD 7.7 billion. However, the country is a net exporter of commercial services, which stood at USD 4 billion against USD 2 billion in imports (+65.4% and +59.1% y-o-y, respectively - data by WTO). According to data from the Institute of Statistics, Albania’s exports surged by by 32% in 2022, to ALL 486.7 billion against ALL 950.3 billion in imports (+18.7%).

 
Foreign Trade Values 20172018201920202021
Imports of Goods (million USD) 5,2715,9255,8975,5707,718
Exports of Goods (million USD) 2,2922,8702,7162,5063,559
Imports of Services (million USD) 1,8982,1932,3011,2541,996
Exports of Services (million USD) 3,1933,5743,7432,4744,094

Source: World Trade Organisation (WTO) ; Latest available data

Foreign Trade Indicators 20172018201920202021
Foreign Trade (in % of GDP) 78.276.876.360.074.5
Trade Balance (million USD) -3,205-3,381-3,517-3,420-4,514
Trade Balance (Including Service) (million USD) -1,979-2,070-2,103-2,210-2,392
Imports of Goods and Services (Annual % Change) 8.42.42.3-19.831.7
Exports of Goods and Services (Annual % Change) 13.24.02.6-27.946.5
Imports of Goods and Services (in % of GDP) 46.645.245.037.243.9
Exports of Goods and Services (in % of GDP) 31.631.631.322.730.6

Source: World Bank ; Latest available data

Foreign Trade Forecasts 20222023 (e)2024 (e)2025 (e)2026 (e)
Volume of exports of goods and services (Annual % change) 13.7-0.40.22.53.7
Volume of imports of goods and services (Annual % change) 7.2-0.40.32.73.9

Source: IMF, World Economic Outlook ; Latest available data

Note: (e) Estimated Data

 
International Economic Cooperation
Member of the IMF, the World Bank and the Council of Europe.
 

Main Partner Countries

Main Customers
(% of Exports)
2020
Italy 45.3%
Serbia 12.1%
Spain 6.0%
Germany 5.4%
Greece 5.0%
See More Countries 26.1%
Main Suppliers
(% of Imports)
2020
Italy 25.2%
Türkiye 9.6%
China 9.0%
Greece 9.0%
Germany 7.8%
See More Countries 39.4%

Source: Comtrade, 2022. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

 
 

Main Products

2.4 bn USD of products exported in 2020
Parts of footwear, incl. uppers whether or not...Parts of footwear, incl. uppers whether or not attached to soles other than outer soles; removable in-soles, heel cushions and similar articles; gaiters, leggings and similar articles, and parts thereof (excl. articles of asbestos) 7.9%
Footwear with outer soles of rubber, plastics,...Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of leather (excl. orthopaedic footwear, skating boots with ice or roller skates attached, and toy footwear) 5.5%
Men's or boys' suits, ensembles, jackets, blazers,...Men's or boys' suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (excl. knitted or crocheted, wind-jackets and similar articles, separate waistcoats, tracksuits, ski suits and swimwear) 5.1%
Bars and rods, of iron or non-alloy steel, not...Bars and rods, of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but incl. those twisted after rolling (excl. in irregularly wound coils) 3.5%
Cement, incl. cement clinkers, whether or not...Cement, incl. cement clinkers, whether or not coloured 2.4%
See More Products 75.6%
5.4 bn USD of products imported in 2020
Motor cars and other motor vehicles principally...Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 4.9%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 4.5%
Medicaments consisting of mixed or unmixed...Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses "incl. those in the form of transdermal administration" or in forms or packings for retail sale (excl. goods of heading 3002, 3005 or 3006) 3.5%
Electrical energyElectrical energy 1.5%
Leather further prepared after tanning or crusting...Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of bovine "incl. buffalo" or equine animals, without hair on, whether or not split (excl. chamois leather, patent leather and patent laminated leather, and metallised leather) 1.3%
See More Products 84.3%

Source: Comtrade, 2022. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

 
 

To go further, check out our service Import Export Flows.

 

Main Services

Source: United Nations Statistics Division, 2023. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

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