TIRANA, Aug 28 /ATA/ – Albania’s leather and footwear market is considered as one of the most important sectors with a huge potential for development and significant impact on the country’s exports and economic growth.
According to data published from the National Institute of Statistics, INSTAT, Albania’s exports of leather products were valued at 1.7 billion lek at the end of July, up from 1.1 billion lek during the same period of the previous year.
The country’s textiles and footwear exports totalled 80.5 billion lek from 66.2 billion lek during the first seven months of 2021.
According to INSTAT data, some 236 factories for footwear production were operational across Albania by the end of 2021, with a total of over 25,000 employees, accounting for around 6% of the country’s employment rate.
The leather and footwear production industry account for around 20 % of Albania’s exports, generating over 500 million euros in revenues each year.
In 2021, Albania imported 6906 tons of processed and row leather and it exported 4334 tons.
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