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Trade exchanges with EU countries account for 63.4%/ Italy, main trading partner

TIRANA, March 19/ATA/- Trade exchanges to EU countries during 2021 accounted for 63.4% of all trade, the Albanian Institute of Statistics (INSTAT) said.

Referring to INSTAT report, in January-February 2021 exports to EU countries accounted for 77.2% of total exports, while imports from EU countries accounted for 56.5% of total imports.

The main trading partners are Italy accounting for 32.7% of the trading volume, followed by Turkey 7.4%, China 7.3% and Greece 7.2%.

According to INSTAT report, during the two-month period, Albania’s main trading partners with largest increase in exports, compared to a year ago are; Kosovo by 7.4%, Greece by 12.3% and China by 46.4%.

While, there has been a decrease in exports to countries such as; Italy by 3.7%, Spain by 25.4% and Germany by 26.1%.

Albania saw an increase in imports compared to a year earlier from countries such as: Italy by 9.8%, Turkey by 6.8% and China by 9.6%.

At the same time, Albania saw the largest decrease in imports from countries such as; Greece by 8.3%, Switzerland by 6.8% and Russia by 52.8%. //a.i/

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