Agricultural export trends in Albania

 MSc. Florinda Dema, Prof. Dr. Stilian Apostoli, Prof. Asoc. Edmond Kadiu
Faculty of Economy and Agribusiness, AUT

 

Abstract
Exports have increased during the period, but have failed to satisfactorily mitigate the trade deficit, which has an impact on the country’s macroeconomic situation. Although the degree of openness of the economy in Albania marked increase over the years, again the level of trade volume contribution to the Gross Domestic Product (GDP) results in low ready (45.3%) and very low in comparison with countries in the region (90-94%) for 2010. Principles on which foreign trade was organized in a centralized planned economy and was in union with the state party directives and fully support its forces. In the 1980s growth imperative export takes character to secure more foreign currency to invest in the economy. Foreign trade had features of an economy in isolation after 1987 although its geographical orientation marks the western countries. Major changes after 1991 materialization and overseas exchanges. The stages consist of commercial transition to: adaptation as exchanges reform to EU countries (Italy, Germany, Greece); structural adjust­ment as the modification of products that shared structures and institutional changes as an expression of political will towards integration into the EU along with reform measures. Until 2000, the geographical orientation of exports to the European Union priority, other countries and Eastern Europe. Currently priority orientation of exports to Italy, Greece, Kosovo explained by the “gravitational theory” that analyzes according to geographic proximity exchanges that favor trade. This results-oriented priority for imports where Italy and Greece are respectively 15.4% and 12.9% of their total.

Keywords : exports, imports, trade volume, coefficient coverage, the degree of openness of the economy, comparative advantage, products, trade deficit.

Related Articles