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Albaniaʼs 9-month trade gap shrinks by 8.6%

Trade

Photo by 826A IA/Shutterstock.com

Albaniaʼs trade deficit fell by 8.6% year-on-year to ALL 234 billion (EUR 1.9 billion) in the nine months through September, the countryʼs statistics office (Instat) said on Monday.

Photo by 826A IA/Shutterstock.com

Exports decreased by 13.6% yr/yr to ALL 195 billion in the period under review, while imports fell by 10.9% to ALL 429 billion.

In September alone, Albaniaʼs trade deficit decreased by 0.5% year-on-year to ALL 27 billion. Italy remained Albaniaʼs main trading partner in the January-September period. 

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