Albania – Turkey in 2020/1 billion ALL more exports, significant decline in imports
Albania exported 1 billion ALL more goods to Turkey in the pandemic year. According to the data of the Institute of Foreign Trade Statistics, for 2020, exports from Albania to Turkey have been in the amount of ALL 3 billion, from ALL 2 billion in 2019.
On the other hand, referring to Instat, the opposite has happened with imports from Turkey. In the period January – December 2020, imports decreased by 6.2%, compared to the same period of the previous year. From ALL 61.7 billion of imported goods in 2019, this figure fell to ALL 57.9 billion during 2020.
The groups of goods that have had the greatest impact on the “significant” decline in imports are ‘minerals, fuels, electricity’ and ‘textiles and footwear’.
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