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Albania’s trade exchanges with Kosovo valued at 48.6 billion lek

TIRANA, Dec 20 /ATA/ – Albania’s trade exchanges with Kosovo were valued at around 48.6 billion lek between January and November 2024, data from the National Institute of Statistics, INSTAT, showed on Friday.

According to INSTAT, value of exports to Kosovo decreased by around 350 million lek, whereas imports rose during the reviewed period.

According to INSTAT’s Foreign Trade Report, exports to Kosovo were valued at 34.2 billion lek, down from 37.7 billion lek during the same period of the previous year.

Imports from Kosovo in the last 11 months were estimated at around 14.4 billion lek, up from 10.6 billion lek during January and November 2023.

Albania exports mainly construction materials, minerals, fuel, food, as well as chemical and plastic products. Domestically manufactured wooden products and furnishing items account for a good part of the country’s exports to the neighboring Kosovo.

Fruits and vegetables also account for a significant part of Albania’s exports to Kosovo.

INSTAT data show that exports of construction materials and metals were valued at around 11.7 billion lek, while exports of minerals, fuel and electricity totaled around 8.5 billion lek.

Since October 2022, the customs clearance procedures for all Kosovo-bound goods are carried out at the customs of Durrës, benefiting over 1000 businesses from Kosovo.

/j.p/u.sh/

 

 

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