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Trade exchanges with Croatia estimated at ALL 1.1 billion

TIRANA, March 29 /ATA/ Trade exchanges with Croatia are estimated at ALL 1.1 billion during the first two months of this year.

According to data published by the Institute of Statistics (INSTAT), during the period January-February 2021 exports amounted to 526 million ALL from 358 million ALL in 2020, while imports dropped to 582 million ALL from 793 million ALL in the previous year.

Albania exports to Croatia aluminum, footwear, processed fish, vegetables, while it imports mainly oil, fish products, electrical transformers and chocolates.

Areas of interest for cooperation are energy, mechanical, electrical and electronic engineering, pharmaceuticals, food, textiles and footwear, and especially construction.

Albania also offers great investment opportunities with the fiscal burden on foreign investors among the lowest in the region. The government has set up an agency (AIDA), which assists every foreign investor from the first steps.
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