Albania Trade Deficit Narrows in August as Exports Jump

Albania’s trade deficit narrowed to ALL 42 billion in August 2025 from ALL 46 billion a year earlier, as exports increased 12.9% to ALL 25.4 billion while imports dipped 2.7% to ALL 67.1 billion. Export growth was driven by minerals, fuels, and electricity (+18.9 pp), machinery and spare parts (+1.5 pp), and food, beverages, and tobacco (+1.2 pp), offset by declines in construction materials and metals (-6.7 pp) and chemicals and plastics (-0.6 pp). Exports rose to Kosovo (+94.6%), Greece (+19.0%), and Spain (four times higher), but fell to Italy (-19.6%) and Germany (-16.1%). On the import side, drops in machinery, equipment and spare parts (-1.3 pp) and construction materials and metals (-1.2 pp) were partly offset by mineral, fuels and electricity (+1.0 pp) and food, beverages, and tobacco (+0.6 pp). Imports fell from Italy (-9.8%), Türkiye (-18.1%) and Germany (-9.0%), but rose from China (+18.3%), Greece (+6.1%) and Kosovo (+9.5%).