Category: Market and Trade

Home Market and Trade
Demand and Love for Coffee Grow as Prices Stay Low
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Demand and Love for Coffee Grow as Prices Stay Low

TIRANA, October 8 To-go or to stay, Albanians love coffee and the official data on the coffee trade during 2018 helped to grow this relationship stronger. Based on the stats provided by the Albanian Customs, imported coffee totaled 7,000 tons of coffee or Lek 28.6 billion in 2018. A year-over-year comparison shows a 32 percent...

Euro/Lek Hits Best Levels in Months
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Euro/Lek Hits Best Levels in Months

TIRANA, October 3 The Euro strengthened against the Lek to its highest level in over four months. Based on the Bank of Albania (BoA) official exchange rate, 1 Euro=122.66 Lek on Thursday, the highest level since the end of May. The Euro entered a rising trend by mid-September. Experts say that the Euro strengthening against...

Tomatoes, a Rising Star in Made in Albania Exports
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Tomatoes, a Rising Star in Made in Albania Exports

TIRANA, September 26 Albania’s trade profile drafted by the World Trade Organizations (WTO) provides key insights about the most exported ‘Made in Albania’ products. Based on WTO’s data, the top exported goods in 2018 consisted of manufacturers, fuels and mining products, and agricultural products. The profile confirms that Albania exported the highest dollar worth of...

This Sector Employed More People in Q2, 2019
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This Sector Employed More People in Q2, 2019

TIRANA, August 26 The average monthly gross salary has continued to rise in the second trimester of 2019. According to the Bank of Albania, the annual growth of the indicator in nominal terms was 4.9%, after the increase of 3.4%, in the Q1. Meanwhile, the monthly average salary was increased by 3.3%, from 1.5% that...