International Trade Statistics, December 2016
Kosovo Agency of Statistics (KAS) has published data regarding the flow of exports and imports for the month of December 2016.
Data from International Trade in Kosovo show a trade deficit higher to 7.4% in December 2016 compared with the same period of 2015, ie in the amount of 247,0 million euros, compared to a deficit of 230,0 million euros in 2015. Exports covered imports by 9.0%.
Exports of goods in the month of December 2016 were worth 24,5 million euros, while imports were 271,5 million euros, with an increase of 4.0% for exports and 7.0% for imports compared to the same period of 2015.
According to the key export groups: 36.8% are base metals and articles thereof; 15.7% are mineral products; 11.1% are prepared foodstuffs, beverages and tobacco; 7.9% are plastics, rubber and articles thereof; 6.4% are plant products; 3.7% are leather and articles thereof; 3.7% are textile and articles thereof, etc.
While, according to data for import groups: 15.6% of imports comprise machinery, mechanical and electrical equipment; 13.9% are prepared foodstuffs, beverages and tobacco; 13.5% are mineral products; 10.8% are means of transport; 7.9% are base metals and articles thereof; 6.8% are products of the chemical industry; 5.0% are plastics, rubber and articles thereof, etc.
Exports to EU countries amounted to 5,0 million euros, or around 20.7% of total exports, with an increase of 7.9%. The main partners for export of goods to the EU are: Germany (4.1%), the Netherlands (3.8%), Bulgaria (3.3%).
But Kosovo's imports from the countries of the EU were around 121,7 million euros, or 44.8% of total imports, with an increase of 11.7%. Imports with the highest participation were from: Germany (11.6%), Italy (7.4%), Greece (4.3%), Poland (2.8%), etc.
Meanwhile, Kosovo's exports with CEFTA countries in December 2016 totalled 11,9 million euros, or 48.9% of total exports, with an increase of 43.6%. While the main export partners of the CEFTA countries are: Albania (16.8%), Macedonia (15.5%), Serbia (9.1%) and Bosnia and Herzegovina 3.1%.
Meanwhile, imports with CEFTA countries in December 2016 totalled 70,3 million euros, or 25.9% of total imports, with an increase of 12.8%. Countries with the highest share of import were: Serbia (14.1%), Macedonia (4.8%), Albania (4.6%) and Bosnia and Herzegovina (1.9%).
Exports to other countries totalled 7,4 million euros, or 30.4%. As the most important partners of these countries for export were: China (16.6%) and Switzerland (4.6%).
Meanwhile, imports of Kosovo with other countries amounted to 79,3 million euros, or 29.2%. Countries with the highest share of import in this group were: Turkey (11.2%) and China (8.6%).
For more information regarding the International Trade Statistics for December 2016, visit: http://ask.rks-gov.net/en/kosovo-agency-of-statistics/add-news/statistikat-e-tregtise-se-jashtme-dhjetor-2016