Category: Market and Trade

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Albania Exports Rise in March
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Albania Exports Rise in March

TIRANA, April 17 March data point to early signs of exports’ revival following a decline for two consecutive months. The Institute of Statistics (INSTAT) confirms that March’s export value was Lek 28 billion, up to 2.7 percent year-over-year and topping the previous set of February 2019 by 23 percent. In the meantime, Albania’s import values...

China Willing to Boost Agricultural Imports from Albania
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China Willing to Boost Agricultural Imports from Albania

TIRANA, April 12 Croatia welcomed on Thursday the 16+1 summit under which China is reaching out to Eastern Europe and Balkan countries. Leaders from 16 European countries and China meet with the aim of strengthening business ties. The summit was held under ‘Building Bridges of Openness, Innovation and Partnership’ motto. On the other hand, 2019...

Albania’s Top 5 Export Countries in 2018
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Albania’s Top 5 Export Countries in 2018

TIRANA, January 17 Total trade in Albania goods exported in 2018 was Lek 310 billion. This was a increase of 13.7 percent compared to 2017 the Albanian Institute of Statistics (INSTAT) confirmed on its December 2018 Foreign Trade report. According to the data provided in the report, Italy remains the main market where Albanian goods...

Albania Exports Increase by 15% during Jan-Nov 2018
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Albania Exports Increase by 15% during Jan-Nov 2018

TIRANA, December 17 Albania’s export values have marked a positive performance during January – November 2018. The most important Albanian exports for the 11 months of the year are oil, minerals, metals and spare parts while the apparel and footwear sector slowed due to Euro depreciation. Based on the data provided by the Institute of...

Kosovo’s Customs in Durres and Porto Romano to become Operational in January
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Kosovo’s Customs in Durres and Porto Romano to become Operational in January

TIRANA, December 7 Starting January 1st, 2019 Kosovo will have its own customs offices in the seaports of Durres and Porto Romano. Kosovan companies will have the opportunity to speed up customs clearance and to pass all goods imported through the procedure of customs for proper examination, appraisal, evaluation, and assessment through in the above-mentioned...

Konfindustria Supports Kosovo’s Decision on 100% Taxes for Serbian Goods
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Konfindustria Supports Kosovo’s Decision on 100% Taxes for Serbian Goods

TIRANA, November 26 The Confederation of Albanian Industries (Konfindustria) supports the recent decision of the Kosovan government on an immediate rise of taxes on imports of Serbian goods from 10 to 100 percent. According to Konfindustria and based on the principle of reciprocity, the change is conforming to the free trade agreements signed by the...

Albania-Turkey Sign New Trade Agreement
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Albania-Turkey Sign New Trade Agreement

TIRANA, October 19 Turkey plans to increase its share of investments in Albania. A joint agreement between both countries was signed in the frame of the official visit of Foreign Minister of Turkey Mevlut Cavusoglu. The agreement foresees joint meetings of the Albanian and Turkish governments and the establishment of a mutual economic committee. More...