Albania improved its balance of trade in 4 years
Exports had an average growth of 4.6% from 2012 to 2016, followed by the growth of exporting enterprises by 7.2%, to 2740 enterprises at the end of 2016 compared to 2029 enterprises in 2012.
This growth came mainly in 2016, when they rose by 9.3% compared to the previous year.
The industry continues to have the largest share in freight exports accounting for 84.5% of total exports.
This sector includes the activities of the extractive, processing, electricity and water industries and for this period there was an average increase of 3.1%.
Processing industry products account for the largest share of exports (80.4%), namely textile products, leather processing products and base metal products.
The rest of the exports include mining and mining products (15.1%), electricity (4%) and agricultural products (0.7%).
Regarding the concentration of exports of goods, half of the total value during this period was provided by the 20 largest enterprises, although this figure decreased to 37.3% for 2016.
On the other hand, imports have also increased slightly by 1.4%, although the number of importing enterprises has increased by an average of 6.2%.
Businesses are the ones that have imported the largest value, at 54.4%.
In the processing industry, which accounts for 31.9% of imports, food products account for an average of 15.4%, refined petroleum products and petroleum products account for 17.2%.
During 2012-2016, half the value of imports was carried out by the top 50 companies, but this concentration reduced in the last year.
SCAN
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