Albania’s trade deficit shrinks in January
Monday 21 February 2022, 12:00
Albania’s trade deficit shrank by 7.7% year-on-year in January, to reach ALL 20 billion (€164.8 million), the statistics office said on Thursday.
Exports increased by 47.5% on the year to reach ALL 35 billion, while imports grew by 21.1% to reach ALL 55 billion.
Italy remained Albania’s main trading partner in January, absorbing Albanian exports of ALL 16.4 billion and providing imports of ALL 13.5 billion to the country.
In 2021, Albania’s trade deficit widened by 29.6% year-on-year to reach ALL 432 billion (EUR 3.56 billion).
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