Figures analysis- Trade exchanges between Albania, Kosovo and Macedonia
Albania and Kosovo continue to intensify trade exchanges by recognizing an increase in exchanges between them. According to Foreign Trade Data, it results that compared to the same period of the previous year, during August exports increased by ALL 878 million, while imports increased by ALL 9 million.
Albania-Kosovo exports
In August 2017, exports to Kosovo were ALL 1.9 billion, while in August this year they reached ALL 2.8 billion.
The same trend of exports growth is in fact observed at the 8-month period (January-August 2018, where it results that there was an increase of about more than ALL 3 billion compared to the previous year. In January-August 2017 exports amounted to All 13.8 billion while in January-August 2018 they went to ALL 16.8 billion.
Albania-Kosovo imports
As for Albania’s imports from Kosovo, it results that in August 2018 they have increased by ALL 9 million, from ALL 799 million in the same period of the previous year to ALL 808 million this year.
At 8 months period, January-August 2018, the growth is about ALL 268 million compared to the eighth month of 2017.Between January and August 2017, Albania’s imports from Kosovo were ALL 5 billion and ALL 324 million , while in January-August 2018 they increased to ALL 5 billion and ALL 592 million.
Trade Exchanges with Macedonia
According to Institut of Statistics data,exports to Macedonia dropped in August 2018 compared with August 2017, by 195 million ALL.From about ALL 1 billion in August 2017, Albania’s exports to Macedonia in August this year fell to ALL 832 million.
However, at 8 month period (January to August), exports to Macedonia are growing. In January-August 2017, exports were ALL 5 billion and ALL 674 million, while in January-August 2018, exports went to ALL 5 billion and ALL 725 million.
During August 2017, Albania has recognized an increase of ALL 195 million of imports. Of the ALL 856 million that were imports in August 2017, they increased to ALL 661 million in the same period this year. At 8 months period, January to August, there is an increase in imports of about ALL 690 million.
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