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Ukraine Gives Green Light to Albanian Meat and Dairy Exporters
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Ukraine Gives Green Light to Albanian Meat and Dairy Exporters

TIRANA, April 18 Ukraine is the first country that lifted the ban on imports of Albanian meat and dairy products. This was confirmed by the president of the Albanian Export Centre, Alban Zusi. “Finally, all the Albanian products of animal origin such as meat, milk and their by-products can be exported to a foreign country,”...

The Vienna Institute for International Economic Studies: Albania, positive growth indicator
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The Vienna Institute for International Economic Studies: Albania, positive growth indicator

TIRANA, March 21 The Vienna Institute for International Economic Studies has published the most recent projections for the economies of Central and Eastern Europe. Albania’s economy is projected to an increase of 3.5% during the year, under the projections of their government and under the latest projections of the International Monetary Fund, which show an increase...

Property Prices Rose by 4.6% in 2016, BoA Says
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Property Prices Rose by 4.6% in 2016, BoA Says

TIRANA, February 10 Higher demand for purchasing a house or apartment in Albania. According to the Bank of Albania (BoA), the housing prices in capital Tirana increased for the first time after five years of declining prices. Based on BoA’s data, throughout 2016, housing prices continued to rise by about 4.6 percent year-over-year. Currently, the...

Albania-Kosovo to Establish Joint Customs in Durres
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Albania-Kosovo to Establish Joint Customs in Durres

TIRANA, January 19 The joint customs point between Albania and Kosovo that will open at the port of Durres, will provide Kosovan importers with a single point interface for customs clearance. Finance ministers of Albania and Kosovo Arben Ahmetaj and Avdullah Hoti declared on Wednesday that this initiative would strengthen cooperation and facilitate trade between...

Albania Increases Exports to China and Kosovo, Reduces Imports from Italy
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Albania Increases Exports to China and Kosovo, Reduces Imports from Italy

TIRANA, December 28 Albania is achieving considerable percent increase in balance sheets regarding international trade with the region’s countries and non-European countries as well. Based on the data on external trade provided by the Institute of Statistics (INSTAT), Albania increased exports, especially with China. “In November 2016, the countries with which Albania has had the...

Strong Growth in Albania’s Footwear and Garment Industry
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Strong Growth in Albania’s Footwear and Garment Industry

TIRANA, December 22 Albania’s footwear and garment sector has benefited from customs and trade facilitations. Therefore, the sector marked a significant increase during 2016. Euro 1 contracts, VAT refund within 30 days and the fact that these are risk-free investments had an impact on the positive situation of footwear and garment industry. According to official...

Increased Demand for Albanian Chestnuts in EU Markets
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Increased Demand for Albanian Chestnuts in EU Markets

TIRANA, November 3 The significant growth of chestnuts export during the recent three years is becoming a main source of incomes not only for the country’s economy but also for thousands of families in northern Albania. This is the region where chestnuts are cultivated in high quantities. During this year, over 2,500 tons of chestnuts...

Water Industry is Flowing as Exports Increase
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Water Industry is Flowing as Exports Increase

TIRANA, October 25 Water seems to be the newest growing industry in terms of production and sales. The data are positive even regarding trade with the region and European countries. Information provided by official stats on exports for January-September 2016 confirms an increase of bottled water export. According to the data issued by the Ministry...