Country intelligence · ALB · 2024

Albania trade profile

In 2024, Albania recorded $3.8B in merchandise exports and $9.3B in imports, producing a $5.4B trade deficit. Exports changed -6.7% from the previous year, while imports changed +5.6%.[1]

Exports

$3.8B

-6.7%

Imports

$9.3B

+5.6%

Trade balance

-$5.4B

deficit

Active partners

270

35 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$3.8B$9.3B-$5.4B-6.7%
2023$4.1B$8.8B-$4.7B-6.4%
2022$4.4B$7.9B-$3.5B+26.8%
2021$3.5B$7.3B-$3.8B+44.2%
2020$2.4B$5.3B-$2.9B-12.8%
2019$2.8B$5.6B-$2.8B-2.0%
2018$2.8B$5.7B-$2.9B+20.4%
2017$2.3B$5.0B-$2.7B+16.7%
2016$2.0B$4.4B-$2.4B+2.3%
2015$2.0B$4.1B-$2.2B-22.3%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 64 · HS chapter

25 active HS6 lines · 116 export partners

$523.1M
2

HS 27 · Mineral fuels and oils

39 active HS6 lines · 70 export partners

$462.6M
3

HS 62 · HS chapter

112 active HS6 lines · 111 export partners

$381.5M
4

HS 72 · HS chapter

148 active HS6 lines · 56 export partners

$343.0M
5

HS 85 · Electrical machinery

262 active HS6 lines · 115 export partners

$258.1M
6

HS 61 · HS chapter

106 active HS6 lines · 105 export partners

$246.5M
7

HS 26 · HS chapter

19 active HS6 lines · 31 export partners

$178.0M
8

HS 76 · HS chapter

34 active HS6 lines · 50 export partners

$129.7M

Leading export markets

Destinations rank bilateral export flows from Albania; growth describes each corridor rather than the whole economy.

1

Italy

Annual change -6.3% · 3-year CAGR 3.6%

$1.6B
2

Greece

Annual change -12.7% · 3-year CAGR 7.2%

$310.8M
3

Serbia

Annual change -9.5% · 3-year CAGR -2.9%

$221.1M
4

Germany

Annual change -15.1% · 3-year CAGR 6.7%

$201.8M
5

Spain

Annual change -19.4% · 3-year CAGR -11.6%

$158.2M
6

North Macedonia

Annual change +2.1% · 3-year CAGR 6.1%

$137.5M
7

Montenegro

Annual change +56.0% · 3-year CAGR 36.5%

$135.6M
8

China

Annual change -7.1% · 3-year CAGR 2.0%

$128.8M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.