MANUFACTURING SECTOR

Albania has a strong and vibrant manufacturing sector, which is driven by highly successful enterprises in the textile and footwear industry. Having this great experience and skilled labor force, Albania offers a great, potential to diversify its own economy by passing from the textile and footwear industry to the automotive industry. The sector represents about 5.1% of GDP (2019).

Exports in manufacturing have been steadily increasing throughout the last years, as have been the imports on machinery and equipment. It’s a cost-competitive Inward Processing industry that is primarily driven by the garment and high-quality leather footwear production with significant expertise accumulated over the last 20 years. The main markets are Italy, Germany, Greece, France, and the Netherlands.

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1€ LEASE

of state-owned property

0% VAT

for import of machinery

39.9 % EXPORTS

total of textile and footwear exports