TIRANA, January 3/ATA/ Trade exchanges with Croatia are estimated at almost 10 billion Lekë during the first 11 months of 2021.
According to data published by the Institute of Statistics (INSTAT) during the period January-November 2021, exports resulted in almost 3 billion Lekë from 1.6 billion Lekë in the first 11 months of 2020, while imports went to 7 billion Lekë, from 5.7 billion Lekë that was the previous year.
Albania exports to Croatia aluminum, shoes, processed fish and vegetables, while it imports mainly oil, fish products, electric transformers and chocolates.
Areas of interest for cooperation are energy, tourism, mechanical, electrical and electronic engineering, pharmaceuticals, food, textiles and footwear and especially construction.
Croatia is one of the most important countries in the Balkan region, as it is the axis that connects Tirana with Europe via land.
Albania and Croatia are part of several strategic projects for the region, such as the Adriatic-Ionian Corridor, the so-called Blue Corridor, IAP (Ionian-Adriatic) gas pipeline, as well as have increased cooperation in the field of tourism and other areas of common interest.
Albania also presents great investment opportunities, as the fiscal burden on foreign investors is among the lowest in the region. The Albanian government has set up an agency (AIDA), which assists every foreign investor from the first steps.
According to the National Business Center, there is a growing number of Croatian companies investing or having a physical presence in Albania, in areas such as industry, construction of tourist villages, marketing and trade, consulting, information technology, etc. /j.p/p.s./
