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Textile and Footwear Exports Recover in August
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Textile and Footwear Exports Recover in August

TIRANA, September 17 Trading figures issued by the Institute of Statistics show that exports expanded in August amid signs of recovery. Based on the data, August exports were Lek 19 million, or 3.4 percent down to the same month in 2019. Meanwhile, August imports were Lek 48 million, or seven percent down to 2019. Year-to-date,...

June Exports Start Recovering from Downward Trend
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June Exports Start Recovering from Downward Trend

TIRANA, July 17 Albania exports showed signs of recovery in June after falling only 9.7 percent compared to June 2019, while increasing by 7.3 percent compared to May 2020, the Institute of Statistics (INSTAT) confirmed on Friday. Albania exports were on an upward trajectory by the end of February, before the pandemic outbreak. Meanwhile, June...

Albania Exports Down 44.4% in April
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Albania Exports Down 44.4% in April

TIRANA, May 18 Albania’s good exports shrank 44.4 percent to Lek 15 billion last month compared to the same period of 2019, official data from the Institute of Statistics showed on Monday. Imports in April reached Lek 36 billion, marking a decrease of 36.7 percent compared to April 2019. Trade deteriorated as the country went...

What Does Albania Import from China?
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What Does Albania Import from China?

TIRANA, March 6 How important are imports from China to the Albanian economy? Official data show that imports from China in 2019 increased by 11 percent while the Asian country ranked third in the list of Albania’s top trade partners after Italy and Greece. Now, as coronavirus is spreading small, medium and even large business...

Albania’s Hydro Power Generation Falls 39.1% in 2019
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Albania’s Hydro Power Generation Falls 39.1% in 2019

TIRANA, March 5 The latest numbers on the power sector in Albania seem to point out that climate change could cloud the hydropower sector in a rainless future. According to the Institute of Statistics (INSTAT), Albania’s net electricity generation in 2019 decreased by 39.1 percent compared to 2018. The data show that public hydropower plants...

Albania Exports Up 5.2% in January
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Albania Exports Up 5.2% in January

TIRANA, February 17 Albania’s exports in Janaury rose 5.2 percent on a year-over-year basis, official data from the Institute of Statistics (INSTAT) showed on Monday. Hence, Albania exported Lek 23 billion worth in goods while the country imported a total of Lek 42 billion worth of goods, up 0.7 percent compared to January 2019. Meanwhile,...

Albania Goods Exports Down in 2019
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Albania Goods Exports Down in 2019

TIRANA, January 17 Albania exported goods worth Lek 299 billion in January-December, down by 3.8 percent compared to 2018, the Albanian Institute of Statistics (INSTAT) confirmed on Thursday. Meanwhile, imports from the rest of the world were Lek 649 billion, up by 1.2 percent compared to the previous year. Therefore, Albania recorded a Lek 350...

Exports Down 9.1% in November
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Exports Down 9.1% in November

TIRANA, December 18 Exports dropped by 9.1 percent year-on-year in November to Lek 25 billion, bringing the contraction in January-November to 4.1 percent, according to the Institute of Statistics (INSTAT). In the meantime, imports dropped by 5.8 percent to Lek 53 billion. The trade deficit in November narrowed to Lek 28 billion compared to November...