International Trade Statistics, April 2017
Kosovo Agency of Statistics (KAS) has published data on export and import flows for April 2017.
Data from Kosovo International Trade show a lower trade deficit (-3.1%) in April 2017, compared with the same period of 2016, ie in the amount of 220,6 million euros, compared to the deficit of 227,6 million euros in 2016. Exports cover imports by 12.4%.
Exports of goods in April 2017 amounted to 31.2 million euros, while imports amounted to 251,8 million euros, an increase of 35.5% for exports and 0.5% for imports, compared to the same period of 2016.
According to the data of the main export groups: 37.5% of exports are made up of base metals and articles thereof; 21.7% are mineral products; 9.2% consists of plastics, rubber and articles thereof; 8.4% consists of prepared foodstuffs, beverages and tobacco; 4.4% consists of plant products; 3.2% is made up of leather and articles thereof, etc.
Whereas, according to the data of the main groups for import: 13.9% of imports constitute mineral products; 12.9% consists of prepared foodstuffs, beverages and tobacco; 11.2% consists of machinery, mechanical and electrical equipment; 10.8% consists of base metals and articles thereof; 9.4% consists of chemical industry products; 8.8% comprise the means of transport; 6.8% consists of plastics, rubber and articles thereof; 5.1% are plant products, etc.
Kosovo's exports to EU countries amounted to 6,3 million euros, or about 20.2% of total exports, an increase of 4.7%. The main partners for export of good in EU are: Germany (4.4%), Holland (2.5%), Bulgaria (2.5%) and Austria (2.2%).
Meanwhile, Kosovo's imports from EU countries were about 108,5 million euros, or 43.1% of total imports, with a 3.4% increase. The highest share of imports was from Germany (12.7%), Italy (6.7%), Greece (4.4%), and Poland (2.4%), and so on.
Meanwhile, Kosovo's exports to CEFTA countries in April 2017 amounted to 16,6 million euros, or 53.4% of total exports, with a 70.7% increase. While the main export partners from CEFTA countries were: Albania (15.7%), Macedonia (14.4%), Serbia (14.4%) and Montenegro (5.9%).
Imports from CEFTA countries in April 2017 reached 70,8 million euros, or 28.1% of total imports, with a 2.0% increase. Meanwhile, the countries with the highest share of imports were: Serbia (13.3%), Albania (6.0%), Macedonia (5.3%) and Bosnia and Herzegovina (3.0%).
Kosovo's exports to other countries of the world reached 8,2 million euros, or 26.4%. Most important export partners were India (11.8%) and Switzerland (7.0%).
Kosovo's imports to other countries of the world amounted to 72,5 million euros, or 28.8%. The countries with the highest share of imports in this group were Turkey (10.9%) and China (6.5%).