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22-10-26
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Albania’s trade exchanges with Türkiye valued at 53.3 billion lek

TIRANA, Sept 4 /ATA/ – The value of trade exchanges with Türkiye was estimated at around 53.3 billion lek during the first seven months of 2023, representing 6.8% of the total volume of Albania’s foreign trade and Türkiye remains one of the main trading partners of Albania, data from the National Institute of Statistics, INSTAT, showed on Monday.

INSTAT data show that Albanian exports to Türkiye were valued at around 2.3 billion lek, down from 3.4 billion lek during the first seven months of the previous year, whereas imports from Türkiye totaled over 53 billion lek.

Albania imported construction materials worth around 12 billion lek, as well as textiles and footwear with an estimated value of 8.4 billion lek. Imports of chemical and plastic products from Türkiye were estimated at over 6.9 billion lek.

Albania exports to Türkiye include mainly minerals and metals, herbs and medical plants, as well as ready-to-wear garments.

Albania and Türkiye have signed a free trade agreement since 2006 and the deal entered into force in 2008.

/u.sh/

 

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