The Institute of Statistics published a report on foreign trade for January-March, according to which, Turkey ranks the second largest trading partner, accounting for 7.6% of the volume.

Trade exchanges with Turkey increased in the first quarter of this year, reaching ALL 18.5 billion.

Referring to the data for the period January-March, Albanian exports to Turkey are estimated at 1.4 billion ALL, while imports for the 3-month period are estimated at 17 billion ALL.

In January-October, 4.2 billion ALL of construction materials and metals were imported from Turkey, as well as ALL 3.8 billion of textiles and footwear.
The best performing products are minerals and metals, aromatic and medicinal plants, and toll manufacturing products.

Albania has a free trade agreement with Turkey, signed in 2006, which took effect in May 2008. Under this agreement, the two countries are offered opportunities to increase trade exchanges between them.

The free trade agreement between Albania and Turkey enables the Albanian exporters to export a number of Albanian products to the regional market free from customs duties.

Exports of Made in Albania industrial products ere liberalized. Meanwhile, for agricultural products, the parties have mutually agreed on preferential tariffs and tariff quotas.
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