South Korea dominates vehicle imports - January-May 2025, registrations increase. Over 38 thousand new cars in circulation
The vehicle market in Albania is experiencing significant expansion. According to the Directorate of Road Transport Services, 38,028 new vehicles were registered during the period January-May 2025, of which 81.2% of the total are cars. These data show an increase of 102% compared to the same period in 2019.
In terms of the origin of funds, South Korea, with 20.4% of the total, ranks first in the preferences of Albanian citizens. It is followed by Italy with 16.1%; Germany with 15.9%; Switzerland with 9.1%; the USA with 7.8% and China with 7.3%.
A positive trend towards vehicle modernization is also evident. According to data from the General Directorate of Road Transport Services, for the period January-May 2025, the fleet was renewed and 6,786 latest generation vehicles, in the 0-3 year category, were registered. This shows an increase of 64% compared to the same period in 2023, demonstrating an increase in citizens' awareness of the use of safer, more economical and less environmentally polluting vehicles.
On the other hand, an increase in permanent deregistrations has also been observed, with 3,137 old vehicles removed from circulation, or 15% more than in 2024. Often these vehicles have been depreciated with low technical and environmental standards.
The DPSHTRR instructs all drivers, both new and existing, to respect road traffic rules, to carry out periodic checks of their vehicles and before importing new vehicles.
Also, for all citizens planning to import a vehicle from abroad, the DPSHTRR emphasizes the need to verify the environmental category before making the purchase, in order to avoid additional costs or problems related to non-compliance with environmental standards.
US and China reach trade deal - Countries aim to strengthen bilateral trust after talks in London
China and the United States agreed in principle to implement the consensus reached by the leaders of the two countries during their phone call on June......
Remittances on the rise, but with a weak euro/ Emigrant remittances reach "peaks" for the first quarter of the current year
Remittances from Albanian emigrants have set another historic record in the first quarter of 2025, reaching 250.68 million euros, according to data from the......
Chinese tourists "land" in Europe - The number of Asian visitors increases, but spending "shrinks"
Cost-conscious Americans may be cutting back on their European vacations this summer, but another group is taking the vacated spot: Chinese travelers.......
"Arson is a criminal act. The perpetrators must be discovered and punished" - Minister Hoxha, with the leaders of the Fire Service
Interior Minister Ervin Hoxha called for measures to be taken for prevention, rapid and efficient intervention in cases of fires, but also for the......
Apple introduces new AI features - Reveals live translations and liquid glass technology
Apple announced several artificial intelligence features, including the underlying technology it uses for Apple Intelligence, in an update to its software......
Albanian immigrants are earning more money! - 154 million euros in salary in 3 months. In one year they increased by 12%
From working abroad, Albanian emigrants have benefited from 154.7 million euros during the first three months of 2025. According to data from the Bank of......
China's exports slow in May - Shipments to the US shrank by 34.5%, deflation deepens
China's export growth slowed to a quarterly low in May as U.S. tariffs hit shipments. Deflation in factory prices deepened to a two-year low, adding to......
Eurobond increased gross external debt by 5.3% - BoA: Most liabilities are long-term. Ratio to GDP does not change
Currently, Albania has 10.677 billion euros of external debt. The latest data from the Bank of Albania show that the stock of gross external debt expanded by......
