Overview: In 2018 Albania was the number 122 economy in the world in terms of GDP (current US$), the number 129 in total exports, the number 131 in total imports, and the number 90 most complex economy according to the Economic Complexity Index (ECI). In 2018, Albania exported $2.66B and imported $5.07B, resulting in a negative trade balance of -$2.4B. In 2018, Albania's exports per capita were $929 and its imports per capita were $1.77k.
Trade: The top exports of Albania are Leather Footwear ($358M), Footwear Parts ($229M), Crude Petroleum ($185M), Non-Knit Men's Suits ($123M), and Ferroalloys ($117M). The top imports of Albania are Refined Petroleum ($415M), Cars ($211M), Packaged Medicaments ($146M), Tanned Equine and Bovine Hides ($110M), and Footwear Parts ($100M).
Destinations: Albania exports mostly to Italy ($1.29B), Spain ($208M), Germany ($130M), Greece ($128M), and France ($94.2M), and imports mostly from Italy ($1.55B), Greece ($481M), China ($451M), Turkey ($395M), and Germany ($305M).
Location: Albania borders Greece, North Macedonia, Montenegro, and Serbia by land and Croatia and Italy by sea.