{"id":18876,"date":"2021-08-17T13:04:13","date_gmt":"2021-08-17T11:04:13","guid":{"rendered":"http:\/\/euronews.al\/en\/?p=18876"},"modified":"2021-08-17T13:04:13","modified_gmt":"2021-08-17T11:04:13","slug":"albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/","title":{"rendered":"Albania sees increase in trade bringing in numbers higher than the last 3 years"},"content":{"rendered":"<p>Albania continued to increase its imports and exports during the month of July, logging in the highest indexes in the past three years. The data confirmed the rush in movement and circulation that began after the peak of the pandemic that began since the start of the year.<\/p>\n<p>The National Institute of Statistics (INSTAT) reported that during the month of July, Albania exported a total of 32 billion ALL (around \u20ac265 million euros) in goods and services and its imports reached around 72 billion ALL (or \u20ac595 million euros).<\/p>\n<p>Compared to July 2020, there has been a rise of 30.6% in exports and 26.1% in imports. INSTAT also noted that this year\u2019s data for the month of July are higher than those taken in 2019 and 2018, when the country wasn\u2019t going through a pandemic.<\/p>\n<p><strong>Data of trade activity for July: <\/strong><\/p>\n<p>2021: 32 billion ALL in exports, 72 billion ALL in imports<\/p>\n<p>2020: 25 billion ALL in exports, 57 billion ALL in imports<\/p>\n<p>2019: 28 billion ALL in exports, 60 billion ALL in imports<\/p>\n<p>2018: 27 billion ALL in exports, 58 billion ALL in imports<\/p>\n<p>During July, exports saw a rise with countries like Italy (15.1%), Kosovo (17.9%) and Spain (44.1%) and they experienced a decline for goods and services from China (-15.7%).<\/p>\n<p>As of imports, there was a rise with Italy (16.5%), Turkey (14.2%) and China (16.8%) and they saw a decline with Croatia (11.8%), Switzerland (27.4%) and Austria (12.2%).<\/p>\n<p>Just like the indexes for July, the trade indexes for the past 7 months in our country have also been higher.<\/p>\n<p><strong>Trade indexes for the first 7 months of the year: <\/strong><\/p>\n<p>2021: 209 billion ALL exports, 426 billion ALL in imports<\/p>\n<p>2020: 150 billion ALL exports, 328 billion ALL in imports<\/p>\n<p>2019: 180 billion ALL exports, 377 billion ALL in imports<\/p>\n<p>The categories that have seen the biggest rise in exports this year have been construction supplies (+13.2 percentage points) and natural resources (minerals, hydrocarbons, electricity +7.5 percentage points).<\/p>\n<p>In turn, the import of machinery and replacement parts (+8.9 percentage points), construction materials (+4.8 percentage points) and plastic products (+4.4 percentage points).<\/p>\n<p>Albania continues to have a non-proportional rapport between exports and imports, (trade deficit) which is mainly a result of our lack of production capacities. In the past 10 years, imports have been around 2-4 times higher than exports.<\/p>\n<p><strong>YOU MIGHT ALSO LIKE<\/strong><\/p>\n<ul>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2021\/06\/29\/local-economy-grows-by-5-5-during-the-first-trimester-of-2021\/\">Local economy grows by 5.5% during the first trimester of 2021<\/a><\/strong><\/li>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2021\/06\/16\/albanian-economy-shows-signs-of-triumph-against-the-pandemic\/\">Albanian economy shows signs of triumph against the pandemic<\/a><\/strong><\/li>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2021\/06\/16\/albanian-economy-shows-signs-of-triumph-against-the-pandemic\/\">Albanian economy shows signs of triumph against the pandemic<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Albania continued to increase its imports and exports during the month of July, logging in the highest indexes in the past three years. The data confirmed the rush in movement and circulation that began after the peak of the pandemic that began since the start of the year. The National Institute of Statistics (INSTAT) reported [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":18877,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[151],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Albania sees increase in trade bringing in numbers higher than the last 3 years - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Albania sees increase in trade bringing in numbers higher than the last 3 years - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"Albania continued to increase its imports and exports during the month of July, logging in the highest indexes in the past three years. The data confirmed the rush in movement and circulation that began after the peak of the pandemic that began since the start of the year. The National Institute of Statistics (INSTAT) reported [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/\" \/>\n<meta property=\"og:site_name\" content=\"Euronews Albania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/euronews.al\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-17T11:04:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/08\/Untitled-design-2-1-1068x601-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1068\" \/>\n\t<meta property=\"og:image:height\" content=\"601\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nen Si\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:site\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nen Si\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/\"},\"author\":{\"name\":\"Nen Si\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/444d280f35e047949b7f0bc08093608f\"},\"headline\":\"Albania sees increase in trade bringing in numbers higher than the last 3 years\",\"datePublished\":\"2021-08-17T11:04:13+00:00\",\"dateModified\":\"2021-08-17T11:04:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/\"},\"wordCount\":390,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/08\/Untitled-design-2-1-1068x601-1.jpg\",\"keywords\":[\"Kryesoret\"],\"articleSection\":[\"Albania\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/\",\"url\":\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/\",\"name\":\"Albania sees increase in trade bringing in numbers higher than the last 3 years - Euronews Albania\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/08\/Untitled-design-2-1-1068x601-1.jpg\",\"datePublished\":\"2021-08-17T11:04:13+00:00\",\"dateModified\":\"2021-08-17T11:04:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/euronews.al\/en\/albania-sees-increase-in-trade-bringing-in-numbers-higher-than-the-last-3-years\/#primaryimage\",\"url\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/08\/Untitled-design-2-1-1068x601-1.jpg\",\"contentUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/08\/Untitled-design-2-1-1068x601-1.jpg\",\"width\":1068,\"height\":601,\"caption\":\"View from the port of Durres, Albania. 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