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FX.co ★ Albania Trade Deficit Narrows in August as Exports Jump

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typeContent_19130:::2025-09-19T13:23:42

Albania Trade Deficit Narrows in August as Exports Jump

In August 2025, Albania saw its trade deficit decrease to ALL 42 billion from ALL 46 billion in the same month of the previous year. This improvement came as exports rose by 12.9% to ALL 25.4 billion, while imports declined by 2.7% to ALL 67.1 billion. The surge in exports was primarily fueled by gains in minerals, fuels, and electricity, which grew by 18.9 percentage points, alongside smaller increases in machinery and spare parts (up 1.5 percentage points) and food, beverages, and tobacco (up 1.2 percentage points). Conversely, exports were hindered by decreases in construction materials and metals, which fell by 6.7 percentage points, and chemicals and plastics, which declined by 0.6 percentage points. Albania's exports to Kosovo grew substantially by 94.6%, and there were also notable increases to Greece (up 19.0%) and Spain (up 400%). However, exports to Italy and Germany decreased by 19.6% and 16.1% respectively.

On the import front, reductions were observed in machinery, equipment, and spare parts, which decreased by 1.3 percentage points, and construction materials and metals, which fell by 1.2 percentage points. These declines were partially countered by increases in imports of minerals, fuels, and electricity, up by 1.0 percentage points, and food, beverages, and tobacco, up by 0.6 percentage points. The import data showed a decline from Italy (down 9.8%), Türkiye (down 18.1%), and Germany (down 9.0%). Meanwhile, imports from China climbed by 18.3%, with Greece and Kosovo also seeing increases of 6.1% and 9.5% respectively.

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