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Foreign Trade in Figures

Albania’s foreign trade represents 82% of its GDP and is primarily conducted with Europe (World Bank, latest data available). According to data by INSTAT, in 2024, the country’s main exports were textile and footwear (28.7%), minerals, fuels, electricity (21.4%), construction materials and metals (18.9%), food, beverages, tobacco (12.6%), and machinery, equipment and spare parts (8.9%); whereas imports were led by machinery, equipment and spare parts (26.7%), food, beverages, tobacco (17.5%), construction materials and metals (13.4%), chemical and plastic products (13.0%), minerals, fuels, electricity (10.4%), and textile and footwear (9.7%).

In terms of countries, in 2024, the main export partners were Italy (43.7%), Kosovo (9.9%), Greece (6.3%), Spain (3.5%), and North Macedonia (3.2%), with imports coming chiefly from Italy (21.2%), followed by China (10.9%), Turkey (10.8%), Greece (7.6%), Germany (7.2%). In 2006, Albania signed the Stabilization and Association Agreement (SAA) with the EU, ratified in 2009, which liberalized trade by reducing duties and non-tariff restrictions on agricultural and industrial goods. The country is also a member of the multilateral Central European Free Trade Agreement (CEFTA) and has signed several free trade agreements.

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 2023, merchandise exports were stable y-o-y at USD 4.3 billion, while imports increased by 2.5%, reaching USD 8.6 billion. However, the country is a net exporter of commercial services, which amounted to USD 7.2 billion against USD 3.4 billion in imports (+43.3% and +38.3% y-o-y, respectively - data from WTO). According to the World Bank, the country’s trade deficit stood at 5.2% of its GDP, narrowing from 10.3% one year earlier. Data from the Institute of Statistics indicates that Albania's trade deficit for goods increased by 20.7% on the year to USD 5.5 billion in 2024, as imports grew 2.5% against a 15.3% decline in exports.

 
Foreign Trade Values 20202021202220232024
Imports of Goods (million USD) 5,5707,7188,3998,6949,612
Exports of Goods (million USD) 2,5063,5594,3094,3744,000
Imports of Services (million USD) 1,3351,9182,4743,4113,758
Exports of Services (million USD) 2,5324,0554,9826,9927,962

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

Foreign Trade Indicators 20202021202220232024
Foreign Trade (in % of GDP) 59.575.684.782.579.1
Trade Balance (million USD) -3,420-4,514-4,467-4,912-6,051
Trade Balance (Including Service) (million USD) -2,210-2,392-1,960-1,275-1,848
Imports of Goods and Services (Annual % Change) -19.832.511.50.26.0
Exports of Goods and Services (Annual % Change) -27.752.117.09.5-0.8
Imports of Goods and Services (in % of GDP) 37.044.547.543.843.0
Exports of Goods and Services (in % of GDP) 22.531.137.238.736.1

Source: World Bank ; Latest available data

Foreign Trade Forecasts 2025 (e)2026 (e)2027 (e)2028 (e)2029 (e)
Volume of imports of goods and services (Annual % change) 3.93.33.04.04.0

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)
2024
Italy 43.7%
Serbia 12.1%
Greece 6.3%
Germany 5.9%
Spain 3.5%
See More Countries 28.5%
Main Suppliers
(% of Imports)
2024
Italy 21.2%
China 10.9%
Türkiye 10.8%
Greece 7.6%
Germany 7.2%
See More Countries 42.3%

Source: Comtrade, 2025. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

 
 

Main Products

4.0 bn USD of products exported in 2024
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) 6.7%
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) 4.9%
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) 4.0%
Insulated "incl. enamelled or anodised" wire,...Insulated "incl. enamelled or anodised" wire, cable "incl. coaxial cable" and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors 3.5%
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) 2.3%
See More Products 78.6%
9.6 bn USD of products imported in 2024
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) 7.4%
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 5.9%
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) 2.7%
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) 1.7%
Electrical energyElectrical energy 1.4%
See More Products 80.9%

Source: Comtrade, 2025. 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

6.1 bn USD of services exported in 2023
72.58%
12.26%
9.41%
3.19%
0.97%
0.51%
0.48%
0.32%
0.24%
0.05%
3.4 bn USD of services imported in 2023
73.50%
12.33%
4.61%
3.52%
2.37%
1.32%
0.99%
0.76%
0.44%
0.15%

Source: United Nations Statistics Division, 2025. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

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Actualitzacions: November 2025

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