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Albanian exports mark average growth of 4.6 pct in last 4 years
Last Updated: 2017-06-17 00:00 | Xinhua
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The Albanian exports registered an average increase of 4.6 percent over 2012-2016, Albanian Statistics Institute (INSTAT) announced Friday.

Meanwhile, the number of export enterprises has increased by 7.2 percent, data showed.

The number of export enterprises was 2,740 in 2016 compared to 2,029 in 2012, marking an average increase of 7.2 pct. In comparison to 2015, this number increased by 9.3 pct, INSTAT experts told reported.

According to INSTAT, imports increased by 1.4 percent on average terms while the number of enterprises engaged in this activity grew by 6.2 percent.

Speaking in terms of the size of enterprises, the micro, small and medium-sized enterprises during 2012-2016 make up 95.9 percent of export enterprises.

"In 2016, these enterprises constitute 96 percent of export enterprises and industry has the biggest share in export of commodities, INSTAT experts said.

The export enterprises are dominated by those operating in the sector of industry, including the activities of extraction, processing industry, electricity and water.

For the period 2012-2016, the value of exports conducted by enterprises operating in the industry accounts for 84.5 pct of exports in total.

In comparison to the corresponding period, exports had an average growth of 3.1 pct. In 2016, the value of exports by enterprises operating in industry is 82.8 pct, registering an increase of 2.3 pct compared to 2015, data showed.

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