Imported Meat, 19 Times Cheaper Than Local / Export and Import Prices Show Stark Contrasts
Foreign trade figures are presented to us in two dimensions, that of value and that of weight, from which we can extract some very interesting data. "Scan Intel" has processed and analyzed these details in detail, to see how much the prices differ between export and import of the same product? The analysis only included products for which the price per kilogram makes sense, which are mostly food products.
According to the figures, the product with the highest value of Albanian exports during February of this year is meat and its edible offal, with about 3 thousand lek per kilogram. In second place are juices and other vegetable extracts, with about 2,300 lek per kilogram, while in third place we find live animals, with about 1,400 lek per kilogram. Prepared meat foods as well as fish and seafood by-products close the first 5 places on the list. "Made in Albania" fruits are exported with an average of 129 lek per kilogram, while vegetables with 67 lek per kilogram.
As for imports, in the first place we find juices and other vegetable extracts again, but with about 829 lek per kilogram, followed by coffee, with 767 lek per kilogram, and cocoa in third place, with 686 lek per kilogram. The situation for imports, that is, regarding the most expensive products, remains the same from year to year.
But how do the prices of the same products change from export to import? On average, for the 22 products analyzed, exports are twice as expensive as imports, or 107%.
The product that also records the largest difference in price between export and import, with almost 19 times, is that of meat and offal, exactly 1,800% more expensive than exports for the same product. Albanian meat is exported abroad for about 3 thousand lek per kilogram, while it is imported for only 166 lek per kilogram.
Even when it comes to live animals, the differences are drastic, with the average export price per kilogram set at 1,440 lek, and the import price close to only 243 lek. The grain that we export costs 287% more per kilogram on average than the imported one, 144 lek versus 37 lek. The same applies to fish and seafood by-products, 147% more expensive on average than imports, per kilogram. On the other hand, fruit exports are 1.6 times more expensive than imports.
From the list of 22 products that we have analyzed, it turns out that only 10 of them register higher import prices than export. According to the data, we buy more expensively than we sell beverages and alcohol, dairy products, coffee, tea and cocoa. Also, vegetables are more expensive with a difference of 2% more expensive imports.
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