TIRANA, Aug 18 /ATA/ – The European Union remained Albania’s main trading partner in July, accounting for 53.6% of the country’s total trade, while EU markets absorbed more than two-thirds of Albanian exports, data from the National Institute of Statistics (INSTAT) showed.

Exports to EU countries accounted for 68.4% of Albania’s total exports in July, while imports from the bloc made up 47.8% of total imports, highlighting the European market’s central role in Albania’s foreign trade.

Among Albania’s main trading partners, exports to Greece rose 19% in July from a year earlier, the strongest increase recorded among the country’s key markets. Exports to Germany increased 2.5%.

Exports to Italy fell 2% year-on-year, while those to Kosova declined 2.4%.

On the import side, purchases from China recorded the strongest increase, rising 22.7% from a year earlier. Imports from Italy edged up 0.3%, while those from Germany fell 9.2% and imports from Greece declined 2.9%.

The data underline Albania’s strong trade ties with the European market as the country advances its EU integration process and its businesses seek to expand their presence in the bloc’s single market.

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