Albania's customs revenue rise 4.6% y/y in Jan-Sept 2013.

By bne IntelliNews November 4, 2013

The Albanian customs administration collected revenues of ALL 97.9bn (EUR 699mn) in the first nine months of 2013, up by 4.6% y/y, data from the customs administration showed. The figure accounted for 99% of the plan for the corresponding period.

The annual growth was exclusively due to better performance of the revenues from excise duties, which advanced by 54.2% y/y and revenues from mineral royalties, up by 39.5% y/y in the period. On the other hand, VAT proceeds, which had the largest share in total (63.5%), declined by 7.4% y/y. Revenues from customs duties witnessed a 10.7% y/y decrease.

The weak performance in some of the specific types of customs revenue could be attributed to the lower value of taxable imports (down 8.6% y/y in January to September 2013), data showed. The exchange rate dynamics in the period had only limited effect.

Albania Customs' Revenues Jan-Sep (ALL mn)  
  2012 2013 y/ychange (%)
Customs Duty 4,507 4,025 -10.7
Excise 16,604 25,600 54.2
VAT 67,106 62,160 -7.4
Mineral Royalty 4,187 5,839 39.5
Other 1203 265 -78.0
Total 93,607 97,889 4.6
Source: Albanian Customs    
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