TIRANA, February 25/ATA/ The exports of textiles and shoes, which constitute an important part of Albania’s foreign trade, almost 28% of the volume, continued to recover during January of the current year.
Referring to the data published by the Institute of Statistics, the exports of this group reached 11.3 billion ALL during January 2023, while in January 2022 they were estimated at 10 billion ALL.
Experts say that the uncertainties caused by Russia’s war in Ukraine, the price of fuel, or the global energy crisis can slow down the pace.
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 we have expanded exports to new markets and some companies are moving towards complete closure of the cycle. /p.s./
