Albania expands exports “geography” to Spain with increase at a stunning 147%

Albania has experienced a significant increase in exports to Spain during the first four months of 2017.

Referring to the data on foreign trade published by INSTAT, the growth is at the stunning level of 142%.

If we analyze the report, it comes out that the article that had the greater growth is “Minerals, fuels and electricity” with exports increasing to nearly ALL 3.2 billion from ALL 614 million.

A slight increase was reported in the section of “food, drinks and tobacco” where exports to Spain for this category increased to 298 million, from 262 million.

Meanwhile, in the first four months of this year, differently from last year, Albania has begun to export to Spain chemicals and plastics, though the increase in value is still small.

In addition to Spain, Albania in this period has increased exports to Italy, with 9.6%, and to Kosovo, with 22.7%.

In both cases, the most substantial section is that of “Minerals, fuels and electricity”.

With Italy, exports of this category increased from 1.5 billion to 3.95 billion. While with Kosovo, exports of this category increased from ALL 889 million to almost 2 billion.

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