Albanian goods are ‘migrating’ to Germany! The analysis of figures
Although Albania’s foreign trade has not yet fully recovered from the pandemic, positive signals are coming from some trading partners.
Referring to the official figures of INSTAT, Albanian exports to Germany this year have exceeded the level of last year, with 2 billion ALL more.
In total, in the period January-November 2020, Albania exported to Germany goods worth ALL 15.1 billion, while in the same period a year ago exports were ALL 13.1 billion. Meanwhile, imports have remained at the same level as last year.
What has Albania exported the most to Germany?
If we analyze in detail the figures, it turns out that the biggest impact on this growth of Albanian exports have the commodity groups ‘food, beverages and tobacco’ with 126 million ALL more, ‘minerals, fuels’ with 530 million ALL more, ‘textiles and footwear’ with ALL 1.1 billion more and ‘machinery, equipment and spare parts’ with ALL 300 million more.
SCAN
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