TIRANA, August 19/ATA/ Exports of textiles and shoes, which constitute an important item of Albania’s foreign trade, have been recovering more and more even during the first half of the current year, accounting for 27% of the volume of exports.
The exports of this group were 14.3 billion ALL higher even compared to the first seven months of 2019, which coincides with the period before the pandemic.
Referring to the data published by the Institute of Statistics, the exports of this group reached 80.5 billion ALL during the January-July period of this year; while in the seven months of 2021 they were estimated at 66.2 billion ALL. In the first seven months of 2019, they were ALL 73.9 billion.
The façon industry has a specific weight in Albanian exports and in employment. This industry contributes 38% to total exports and employs 45% of the workforce.
Thanks to advantages such as the geographical position of the country, the legal framework with EU standards, the low cost of transport and infrastructure, the workforce ready to work in this sector, but also the high investments of companies in machinery and equipment, in recent years Albania has expanded exports to new markets and some companies are moving towards having a complete cycle. /j.p/p.s./
