Albania's trade gap narrows in Jan

Trade

Albania's trade deficit shrank by 7.7% year-on-year in January, to ALL 20 billion (EUR 164.8 million), the statistics office said on Thursday.

Exports rose by 47.5% on the year to ALL 35 billion, while imports increased by 21.1% to ALL 55 billion.

Italy remained Albania's main trading partner in January, absorbing Albanian exports of ALL 16.4 billion and providing imports of ALL 13.5 billion to the country.

In 2021, Albania's trade deficit widened by 29.6% year-on-year to ALL 432 billion (EUR 3.56 billion).

ADVERTISEMENT

MBH Bank Closes Acquisition of Duna Takarék Bank Banking

MBH Bank Closes Acquisition of Duna Takarék Bank

Orbán Augurs Economic Rebound From Q3 Government

Orbán Augurs Economic Rebound From Q3

Corvinus Uni, ExxonMobil Sign Cooperation Deal Deals

Corvinus Uni, ExxonMobil Sign Cooperation Deal

Budapest Muni Council Clears Rác Baths Renovation Tourism

Budapest Muni Council Clears Rác Baths Renovation

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.