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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...

Albania Exports Continue Decline in October
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Albania Exports Continue Decline in October

TIRANA, November 18 Exports during October fell 10.3 percent from a year earlier, data from the Albanian Institute of Statistics (INSTAT) showed on Monday. Shipments to Italy, one of Albania’s biggest trading partners also dropped 2.6 percent. Exports in October were estimated Lek 27 billion while the value of imported goods was Lek 59 billion....

Exports Go Down, Imports Go Up, Trade Deficit Widens
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Exports Go Down, Imports Go Up, Trade Deficit Widens

TIRANA, October 21 The Albanian Institute of Statistics (INSTAT) reported a 5.5 percent drop in export during September 2019 compared to the same month of 2018. Meanwhile, the same stats confirm a 2.8 percent drop in export during the first nine months of 2019. The negative reading was affected by two important categories respectively Textile...

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...

What Products Will Albania Export to Saudi Arabia?
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What Products Will Albania Export to Saudi Arabia?

TIRANA, September 6 Albania will export soon lambs and goat kids to Saudi Arabia. The Minister of Agriculture, Bledi Cuci welcomed the Arab delegation headed by the deputy minister of agriculture in Saudi Arabia, Ahmed Saleh A. Alkhamshi, in a discussion for the trade collaboration between the two countries. The discussions focused mainly on the...

Apparel and Footwear Manufacturing Industry Thriving in Exports
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Apparel and Footwear Manufacturing Industry Thriving in Exports

TIRANA, June 17 The apparel and footwear manufacturing industry have brought €123 million to the economy, in the first trimester of 2019. According to data from the Bank of Albania, the income from the services of the processing of goods, that came from abroad, were 15% higher compared to a year ago. The apparel and...

EU Countries among Albania’s Top Trading Partners
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EU Countries among Albania’s Top Trading Partners

TIRANA, September 17 Albania’s trade exchange with the European Union countries during the month of August account for 61.4 percent of the total foreign trade, the Institute of Statistics, INSTAT confirmed on its latest report. Based on the official data, the value of exports increased by 10.4 percent compared to August 2017. In the meantime,...

What Agricultural Products and Where does Albania Exports Most
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What Agricultural Products and Where does Albania Exports Most

TIRANA, April 24 Agricultural exports increased by 25-30 percent in the first quarter of the year compared to the same period of 2017. In the meantime, even the list of countries where those products are exported expanded to the Middle East and Northern Africa. “Made in Albania agricultural products are exported to different markets that...