International Trade Statistics, February 2018
The Kosovo Agency of Statistics (KAS) has published data on the flow of exports and imports for February 2018.
Data from Kosovo International Trade show a higher trade deficit by 5.0% in February 2018, compared to the same period of 2017, ie in the amount of 182.8 million euros, compared to the deficit of 174.1 million euros in the year 2017. Export covered import by 10.9%.
Exports of goods in February 2018 amounted to 22.3 million euros, while imports amounted to 205.2 million euros, down by -5.5% for exports and an increase of 3.7% for imports, compared with the same period of 2017.
According to the data of the main groups for export: 40.0% of exports are made up of base metals and articles thereof; 12.6% consists of plastics, rubber and articles thereof; 8.9% consists of prepared foodstuffs, beverages and tobacco; 7.6% are mineral products; 5.6% consists of plant products; 5.2% consists of various manufactured articles; 4.7% are made up of leather and articles thereof; 3.2% consists of textiles and articles thereof; 3.2% consists of machinery, mechanical and electrical equipment, etc.
Whereas, according to the data of the main groups for import: 14.5% of imports are mineral products; 13.1% consists of machinery, mechanical and electrical equipment; 12.0% consists of prepared foodstuffs, beverages and tobacco; 10.5% consists of basic metals and articles thereof; 8.3% constitute the means of transport; 7.4% consists of chemical industry products; 6.6% consists of plastics, rubber and articles thereof; 5.7% consist of plant products, etc.
Kosovo's exports to EU countries reached 6.0 million euros, or about 26.9% of total exports, down by -1.3%. The main partners for export of goods to EU are: Germany (7.7%), Holland (4.8%), Bulgaria (2.3%) and Austria (2.1%).
Kosovo's imports from EU countries were about 91.7 million euros, or 44.7% of total imports, with an increase of 8.8%. The highest imports were from Germany (11.9%), Greece (6.5%), Italy (5.8%), Poland (2.4%), Bulgaria (2.4), etc.
In February 2018, Kosovo's exports to CEFTA countries reached 9.7 million euros, or 43.6% of total exports, down by (-4.1%). The main export partners from CEFTA countries are: Albania (16.6%), Macedonia (13.9%), Serbia (7.8%) and B & H (3.2%).
While imports from CEFTA countries in February 2018 reached 52.5 million euros, or 25.6 of total imports, down by (-13.2%). The countries with the highest participation for imports were: Serbia (14.7%), Macedonia (4.4%), Albania (4.2%) and B & H (2.0%).
Kosovo's exports to other countries of the world reached 6.6 million euros, or 29.6%. The most important partners from these countries for export are worth mentioning: India (15.1%) and Switzerland (8.8%).
Meanwhile, Kosovo's imports to other countries of the world amounted to 60.9 million euros, or 29.7%. The countries with the highest share of imports in this group were: China (9.6%) and Turkey (9.6%).