Foreign trade as a share of GDP rose 4.57% to 78.1% in Albania in 2017, according to the National Statistical Office.
Historically, foreign trade as a share of GDP in Albania reached an all time high of 109% in 1992 and an all time low of 31.6% in 1986. When compared to Albania's main peers, foreign trade as a share of GDP in Greece amounted to 67.0%, 79.2% in Kosovo, 125% in Macedonia and 106% in Montenegro in 2017.
Albania has been ranked 78th within the group of 163 countries we follow in terms of foreign trade as a share of GDP, 5 places above the position seen 10 years ago.
Foreign Trade (As % of GDP) | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
Albania | % | 75.9% | 75.4% | 71.8% | 74.8% | 78.2% | ||||||||||||||||
Bosnia and Herzegovina | % | 87.9% | 90.6% | 89.3% | 89.3% | 97.9% | ||||||||||||||||
Bulgaria | % | 130% | 131% | 127% | 123% | 130% | ||||||||||||||||
Croatia | % | 82.7% | 87.0% | 92.5% | 94.1% | 99.1% | ||||||||||||||||
Greece | % | 63.5% | 67.1% | 63.1% | 60.8% | 67.0% | ||||||||||||||||
Kosovo | % | ... | ... | ... | 71.6% | 73.7% | 72.3% | 74.6% | 79.2% | |||||||||||||
Macedonia | % | 105% | 113% | 114% | 116% | 124% | ||||||||||||||||
Montenegro | % | ... | 103% | 100% | 103% | 104% | 106% | |||||||||||||||
Serbia | % | 87.9% | 92.2% | 97.4% | 102% | 108% | ||||||||||||||||
Turkey | % | 52.5% | 53.8% | 51.1% | 48.3% | 55.8% |