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

Read in IntelliNews Pro

Get IntelliNews Pro

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

Related Articles

Albania wants to attract more US defence sector investments

Bulgaria’s Borissov appeals to Western Balkan leaders to preserve peace

Albania's second airport to open in autumn 2018

Newsletters

Most Read

Selected articles from our premium news/views wire IntelliNews Pro

Follow Us On

Reports

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

Related Articles

Albania wants to attract more US defence sector investments

Bulgaria’s Borissov appeals to Western Balkan leaders to preserve peace

Albania's second airport to open in autumn 2018

Newsletters

Most Read

Selected articles from our premium news/views wire IntelliNews Pro

Follow Us On

Reports

Cookies on the bne IntelliNews website