Import of goods and products dropped with 5% for the first 11 months of
the year, confirming the reduced internal consumption figures. Official
data from the Albanian Institution of Statistics show that by the end of
November, Albania imported 457.3 billion ALL in goods, or 24 billion
ALL less than the same period of one year ago.
According to INSTAT, the hardest drop was in fuels and electricity, the import of which fell with 19 billion ALL compared to one year ago. But there is another element in which imports have dropped heavily, and that’s the import of machnieries and equipments, used by businesses for new investments in economy.
The data show that compared to one year ago, the Albanian enterprises have bought 8 billion ALL less machineries and equipments from abroad.
The drop is 8%, and it confirms the further shrinking of private investments, one of the main sources of economic growth, and of opening new jobs. The data show that this is the second consequent year in which the economy is facing a drop of capital goods. According to INSTAT in 2012, their import shrank with 7 billion ALl in annual terms. And in both these years, the growing of the National GDP has been the lowest of the two last decades, besides of the crisis of 1997.
Top Channel
