The trade deficit deepens, 44 billion lek in August alone

2022-09-19 21:21:58Biznes SHKRUAR NGA REDAKSIA VOX

The trade deficit deepens, 44 billion lek in August alone

Albania's trade deficit widened by 10 percent year-on-year in the first eight months of 2022, reaching 280 billion ALL, or 2.4 billion euros.

The data published by INSTAT this Monday show that exports increased by 41 percent annually, reaching 328 billion ALL in this period, while imports increased by 24.8 percent to 607 billion ALL.

In August alone, Albania's trade deficit reached 44 billion ALL, with an increase of 19.6 percent from year to year.

Italy remained Albania's main trade partner in the January-August period, absorbing Albanian exports of 144.3 billion ALL and providing imports worth 134.1 billion ALL in the country.

Albania mainly exports textiles and footwear, construction materials and metals and minerals, fuel and electricity.


Video