Albania
Compare Albania →AL · ALB · BACI 8 · latest data 2024
Exports
= $3,794 M31.5% over 5 yrs (up)
Imports
= $9,216 M88.3% over 5 yrs (up)
Trade balancedeficit
= −$5,422 M
Total trade
= $13,010 M67.2% over 5 yrs (up)
- World position
- #129 of 225 exporters · bottom half · #118 of 225 importers · bottom half · 2024
- World export share since 1995
- +0.0 pp
Trade timeline
Albania's exports grew from $235M in 1995 to $3.8B in 2024; the 2024 balance was −$5.4B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $235 M | $837 M | −$602 M | $1,071 M |
| 1996 | $389 M | $1,200 M | −$811 M | $1,589 M |
| 1997 | $307 M | $777 M | −$470 M | $1,083 M |
| 1998 | $336 M | $963 M | −$628 M | $1,299 M |
| 1999 | $366 M | $1,340 M | −$973 M | $1,706 M |
| 2000 | $344 M | $1,197 M | −$853 M | $1,541 M |
| 2001 | $426 M | $1,473 M | −$1,046 M | $1,899 M |
| 2002 | $435 M | $1,629 M | −$1,195 M | $2,064 M |
| 2003 | $550 M | $2,021 M | −$1,471 M | $2,571 M |
| 2004 | $688 M | $2,498 M | −$1,810 M | $3,186 M |
| 2005 | $764 M | $2,872 M | −$2,107 M | $3,636 M |
| 2006 | $930 M | $3,357 M | −$2,426 M | $4,287 M |
| 2007 | $1,302 M | $4,511 M | −$3,209 M | $5,814 M |
| 2008 | $2,380 M | $5,608 M | −$3,228 M | $7,987 M |
| 2009 | $3,870 M | $5,072 M | −$1,202 M | $8,942 M |
| 2010 | $1,868 M | $4,794 M | −$2,926 M | $6,662 M |
| 2011 | $2,246 M | $5,478 M | −$3,232 M | $7,724 M |
| 2012 | $2,187 M | $5,066 M | −$2,879 M | $7,254 M |
| 2013 | $2,775 M | $5,125 M | −$2,351 M | $7,900 M |
| 2014 | $2,526 M | $4,302 M | −$1,775 M | $6,828 M |
| 2015 | $2,073 M | $4,403 M | −$2,331 M | $6,476 M |
| 2016 | $2,308 M | $4,831 M | −$2,523 M | $7,139 M |
| 2017 | $2,504 M | $4,581 M | −$2,077 M | $7,085 M |
| 2018 | $2,844 M | $4,606 M | −$1,762 M | $7,450 M |
| 2019 | $2,885 M | $4,896 M | −$2,011 M | $7,780 M |
| 2020 | $2,548 M | $5,351 M | −$2,802 M | $7,899 M |
| 2021 | $3,483 M | $6,391 M | −$2,908 M | $9,874 M |
| 2022 | $4,464 M | $6,118 M | −$1,654 M | $10,581 M |
| 2023 | $4,247 M | $8,756 M | −$4,509 M | $13,004 M |
| 2024 | $3,794 M | $9,216 M | −$5,422 M | $13,010 M |
Trading partners
Italy was Albania's top trading partner in 2024, at 26.8% of total trade; the top five partners covered 59.3%.
- Top partner share
- 26.8%
- Top-5 share
- 59.3%
- Partners
- 141
- Partner HHI (0–1)
- 0.105
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | Italy | $1,500 M | $1,983 M | $3,483 M | −$483 M |
| #2 | China | $175 M | $1,107 M | $1,282 M | −$932 M |
| #3 | Greece | $348 M | $709 M | $1,057 M | −$361 M |
| #4 | Türkiye | $65 M | $955 M | $1,020 M | −$890 M |
| #5 | Germany | $223 M | $652 M | $875 M | −$429 M |
| #6 | Serbia | $169 M | $402 M | $571 M | −$232 M |
| #7 | United States | $96 M | $188 M | $284 M | −$92 M |
| #8 | Spain | $136 M | $123 M | $260 M | $13 M |
| #9 | Poland | $47 M | $202 M | $248 M | −$155 M |
| #10 | France | $89 M | $143 M | $233 M | −$54 M |
| #11 | North Macedonia | $91 M | $124 M | $215 M | −$32 M |
| #12 | Saudi Arabia | $5 M | $205 M | $209 M | −$200 M |
| #13 | Bulgaria | $47 M | $156 M | $203 M | −$110 M |
| #14 | South Korea | $9 M | $179 M | $188 M | −$170 M |
| #15 | Czechia | $67 M | $98 M | $165 M | −$31 M |
Products & sectors
Product composition of Albania's trade in 2024.
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Concentration & risk
Albania's export partners diversified over 1995–2024 — HHI 0.283 → 0.178, a moderately concentrated export base across 118 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.283 | 0.245 | 63 | 57 |
| 1996 | 0.274 | 0.188 | 75 | 88 |
| 1997 | 0.268 | 0.225 | 73 | 84 |
| 1998 | 0.328 | 0.223 | 76 | 99 |
| 1999 | 0.370 | 0.150 | 87 | 104 |
| 2000 | 0.362 | 0.181 | 101 | 104 |
| 2001 | 0.383 | 0.160 | 102 | 108 |
| 2002 | 0.472 | 0.162 | 109 | 119 |
| 2003 | 0.443 | 0.155 | 120 | 129 |
| 2004 | 0.460 | 0.146 | 135 | 145 |
| 2005 | 0.417 | 0.121 | 127 | 139 |
| 2006 | 0.424 | 0.119 | 141 | 152 |
| 2007 | 0.355 | 0.110 | 136 | 154 |
| 2008 | 0.254 | 0.104 | 133 | 155 |
| 2009 | 0.463 | 0.098 | 139 | 157 |
| 2010 | 0.210 | 0.108 | 146 | 151 |
| 2011 | 0.208 | 0.118 | 141 | 159 |
| 2012 | 0.210 | 0.123 | 147 | 151 |
| 2013 | 0.190 | 0.127 | 145 | 154 |
| 2014 | 0.235 | 0.135 | 130 | 112 |
| 2015 | 0.213 | 0.123 | 136 | 117 |
| 2016 | 0.223 | 0.119 | 144 | 112 |
| 2017 | 0.235 | 0.128 | 141 | 112 |
| 2018 | 0.238 | 0.115 | 141 | 110 |
| 2019 | 0.211 | 0.117 | 143 | 116 |
| 2020 | 0.210 | 0.109 | 142 | 110 |
| 2021 | 0.199 | 0.104 | 140 | 114 |
| 2022 | 0.184 | 0.097 | 138 | 101 |
| 2023 | 0.187 | 0.084 | 126 | 135 |
| 2024 | 0.178 | 0.089 | 118 | 123 |
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