Albania’s Exports Fell by 9.2% in January-June 2019

TIRANA, July 22

The Institute of Statistics has published this month the report titled ‘International Trade, June 2019’, where it shows that Albania exported a total value of Lek25 billion value of goods and products during last month. The exports though decreased by 4.4% compared to the same month of last year. Whereas, the imports reached a worth of Lek53 billion, during last month, falling by 1.5% compared to the same month of last year. Thus, in June 2019, the trade deficit was Lek28 billion.

January-June 2019

Regarding the first six months of 2019, the exports of goods and products reached a value of Lek152 billion, whereas the imports reached a value of Lek318 billion. The trade deficit for the first six months of 2019 was Lek165 billion, increasing by 9.2% compared to the same period of 2018.

Most important trade partners

In June 2019, the countries with whom Albania had the biggest increase of exports, compared to June 2018, were: Italy (0.3%), Germany (12.6%) and China (37.5%). Whereas, for the period January 2019-June 2019 the countries with whom Albania had the biggest increase in exports, compared to the same period of last year, were: Kosovo (28.7%), Germany (2.8%) and North Macedonia (4.2%).

Overall, in June 2019, Albania had the biggest exports of goods and products with these countries:

1. Italy (Lek12.5 million)
2. Kosovo (Lek2.3 million)
3. Germany (Lek1.3 million)

Regarding the imports, the countries with whom Albania registered an increase in June 2019 compared to the same month of last year, were: Spain (73.6%), U.S.A. (12.7 %), and China (11.4%). Whereas, for the period January 2019- June 2019, the countries with whom Albania had the biggest imports, compared to the same period of last year, were: China (22.5%), Greece (10.2%) and Turkey (6.5%).

Overall, in June 2019, Albania had the biggest imports of goods and products with these countries:

1. Italy (Lek14.8 million)
2. China (Lek 4.8 million)
3. Turkey (Lek3.8 million)

What did Albania export?

In June 2019 Albania exported to other countries:

1. Textile and shoes (Lek10.6 million)
2. Building materials and metals (Lek3.8 million)
3. Minerals, fuel, and power (Lek3.7 million)

Source/ INSTAT

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