Country Profile

Capital Tirana
Population 2.4M
GDP $27.0B (2024)
GDP per Capita $11,378
Income Level Upper-Middle Income
Currency Albanian lek (ALL L)
Language Albanian
Timezone UTC+01:00
Region Europe · Southeast Europe

Trade Partners

Albania Exports To

  • Italy 41.0%
  • Greece 10.0%
  • Germany 5.0%
  • Spain 5.0%
  • Serbia 4.0%

Key exports: garments, footwear, electricity, crude petroleum, iron alloys (2023)

Albania Imports From

  • Italy 22.0%
  • China 11.0%
  • Turkey 9.0%
  • Germany 7.0%
  • Greece 6.0%

Key imports: cars, refined petroleum, garments, packaged medicine, iron bars (2023)

Economic Overview

upper-middle-income Balkan economy; EU accession candidate; growth bolstered by tourism, agriculture, mining, construction, and private consumption; fiscal consolidation through revenue collection and tax compliance enhancements to address public debt; challenges include weak governance, corruption, and high emigration rates

Government: parliamentary republic

UK Trade Status

FTA in Force

The UK has a free trade agreement with Albania, providing preferential market access for UK exporters.

Geographic Region

Export Guidance

Relevant guidance for exporting to Albania.

Start Your Export Journey

Also in This Region

Official Resources

Government export support for Albania.