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Export Performance

Exports of goods in 2021 reached the value of ALL 369 billion, increasing by 35.6%, while imports of goods reached the value of ALL 801 billion, increasing by 32.3%, compared to a year earlier.

The trade deficit reached the value of ALL 432 billion, increasing by 29.6%, compared to the same period of 2020.

Export Structure

The groups that have had a positive impact on the annual growth of exports are "construction materials and metals" with 14.1%, "minerals, fuels and electricity" with 10.8% and "textiles and footwear" with 3.7%.

Whereas, the groups that have had a positive impact on the annual growth of imports, are "minerals, fuels and electricity" with 8.4%, "machinery, equipment and spare parts" with 6%, and "construction materials and metals" with 5, 5%.

Import structure

Imports of goods in 2021 reached the value of ALL 801 billion

Compared to 2020, imports in 2021 have increased by 32.3%. The groups that have had a positive impact on the annual growth of imports are: "Minerals, fuels and electricity" with +8.4 percentage points, "Machinery, equipment and spare parts" with +6.0 percentage points, and “Construction materials and metals” by +5.5 percentage points.

Trade exchanges

Trade exchanges for 2021 with EU countries occupy 60% of all trade.

According to the report published by INSTAT on foreign trade, in the period 2021, exports to EU countries account for 72.2% of total exports and imports from EU countries account for 54.4% of total imports.

Export Destination

The countries with which Albania has had the largest increase in exports, compared to a year ago are: Italy (26.1%), Kosovo (43.6%) and Spain (42.0%). While the countries with which exports have had the largest decline are: Ukraine (14.7%) and Russia (49.3%)

Imports Destination

During 2021, the countries with which Albania has had the largest increase in imports, compared to a year ago, are: Italy (27.9%), Turkey (48.6%) and China (20.7%). While the country with which imports have had the largest decline is: Ukraine (6.6%).