17.11.202510:23:39UTC+00Albania Trade Gap Widens in October

In October 2025, Albania experienced an increase in its trade deficit, which expanded to ALL 49 billion from ALL 46 billion recorded in the same month the previous year. This change is attributed to imports growing at a more rapid pace compared to exports. Imports rose by 3.6% year-on-year, reaching ALL 80 billion. This growth was bolstered by increased inflows of minerals, fuels, and electricity, which contributed an additional 1.9 percentage points, alongside chemical and plastic products, as well as textiles and footwear, each adding 0.9 percentage points. However, this increase was partially counterbalanced by a 0.9 percentage point decline in imports of construction materials and metals. Examining the trade partnerships, there was an increase in imports from Italy, China, and Greece, whereas imports decreased from Türkiye, Germany, and the US.

Conversely, exports experienced a 1.0% rise, amounting to ALL 31 billion. This growth was primarily fueled by the increased export of construction materials and metals, which contributed an additional 4.8 percentage points, and machinery and spare parts, which added 1.4 percentage points. However, the overall export growth was mitigated by declines in the export of minerals, fuels, and electricity, down by 2.8 percentage points, as well as textiles and footwear, which decreased by 2.1 percentage points. Export destinations saw varied results, with exports rising to Greece, the US, and Spain, while experiencing declines in shipments to Italy, Kosovo, and Germany.