ALBANIA, IN 4 YEARS ALBANIA IMPROVES BUDGET FOREIGN TRADE
Exports from 2012 to 2016 recorded an average growth of 4.6%, followed by a 7.2% growth in export businesses, equal to 2740 companies at the end of 2016 (from 2029 in 2012). Growth was mainly recorded in 2016, an increase of 9.3% over the previous year.
According to “ScanTv”, industry continues to have the largest part in exports with 84.5% of the total. This sector includes activities in the mining, processing, electricity and water industries and grew by 3.1%.
The processing industry’s products have the highest percentage (80.4%). In particular, textile products, leather and metal working. The rest of the exports are covered by mining products (15.1%), electricity (4%) and agricultural products (0.7%).
Imports also showed a slight growth (1.4%) and the number of importing companies increased by 6.2%. Trade enterprises account for 54.4% of the total.
In the processing industry, which accounts for 31.9% of imports, 15.4% is foodstuffs, followed by 17.2% by coke coal and products derived from oil.