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18-10-26
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Albania’s exports edge up 21.7% in January compared to December 2024

TIRANA, Feb 17 /ATA/ – Albania’s exports were valued at 31 billion lek in January 2025, increasing 4.9% year-on-year, and around 21.7% compared to the previous month of 2024, data from the National Institute of Statistics (INSTAT) showed on Monday.

INSTAT said in its Foreign Trade Report that the groups contributing to the annual export growth were minerals, fuel and electricity, which registered an increase of 13 percentage points.

On the other hand, exports of food, beverages and tobacco declined by 0.5 percentage points, followed by exports of machineries, equipment and spare parts that fell 0.3 percentage points.

Exports of construction materials and metals fell 5.6 percentage points in the total of exports, followed by exports of textile and footwear with 2.3 percentage points, and the chemical and plastic products with 1.1 percentage points.

According to INSTAT, imports to the country were valued at around 60 billion lek, slightly up by 0.1% compared to the same period of last year, but declining 23.5% compared to December 2024.

The country’s trade deficit in January is estimated 29 billion lek, down by 4.5% compared to January 2024, and significantly declining by 45.4% compared to December 2024.

/r.e/u.sh/

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