5 May 2016
Albanians have bought more German products lately, mostly machinery and equipment. A recent report issued by the Albanian Institute of Statistics shows that German imports to Albania increased by 8.5% in March of this year.
However, during the first quarter of this year, German imports to Albanian markets increased by 10% compared to the same period in 2015, reaching the value of ALL 8.753 million. The report also says German imports in Albania comprise about 12% of the total Albania’s foreign trade.
In turn, Albanian exports to Germany during March 2016 reached ALL 642 million. Albanian exported to Germany textile products and shoes, food, beverages and tobacco. Speaking of quarterly statistics, Albanian exports to Germany during Q1 2016 reached ALL 1,246 million.