Evaluating the market in Albania

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.

Read the latest Government of Canada travel advisory for this market.

Business environment in Albania

Albania, a formerly closed and centrally-planned state, is continuing to develop into an open-market economy. The country has experienced modest economic growth in recent years and recovered quickly from the impacts of the COVID-19 pandemic. While growth is expected to continue, the economy remains heavily dependent on tourism revenues and will face headwinds caused by higher energy prices. Canada has an established trade and investment relationship with Albania and potential exists in various sectors including tourism, energy, natural resources, and agribusiness.


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Date modified: 2023-01-03