ADVERTISEMENT

Albania 9-month trade gap widens

Trade

Pixabay

Albania's trade deficit rose by 23.9% year-on-year in the nine months through September, reaching ALL 290 billion (EUR 2.4 billion), the country's statistics office said on Monday.

Exports rose 36.5% on the year to ALL 266 billion in the period under review, while imports increased 29.6% to ALL 556 billion.

In September alone, trade deficit totaled ALL 36 billion, up 32% annually.

Albania exported mainly textile and footwear, construction materials and metals as well as minerals, fuels, electricity in the first nine months of 2021.

ADVERTISEMENT

Digitization, sustainability among characteristics of future... Analysis

Digitization, sustainability among characteristics of future...

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.