International Trade Statistics, July 2017
Kosovo Agency of Statistics (KAS) has published data regarding the flow of exports and imports for the month of July 2017.
Data from Kosovo International Trade show a higher trade deficit of 12.6% in July 2017, compared with the same period of 2016, ie in the amount of 236.9 million euros, compared to the deficit of 210,5 million euros in 2016. Exports covered imports by 13.9%.
The export of goods in July 2017 were 38,3 million euros, while imports were 275,3 million euros, which is an increase of 26.2% for exports and 14.3% for imports, compared to the same period of 2016.
According to the data of the key groups for exports: 31.0% of exports constitute mineral products; 30.5% consists of basic metals and articles thereof; 9.4% consists of plastics, rubber and articles thereof; 8.6% consists of prepared foodstuffs, beverages and tobacco; 6.6% consists of plant products; 3.1% consists of leather and articles thereof; 2.3% is made up of textiles and articles thereof, etc.
Meanwhile, according to the data of key groups for import: 13.8% of imports comprise prepared foodstuffs, beverages and tobacco; 13.5% are mineral products; 12.8% consists of machinery, mechanical and electrical equipment; 10.8% consists of base metals and articles thereof; 7.5% constitute the means of transport; 7.1% consists of chemical industry products; 6.5% consists of plastics, rubber and articles thereof; 4.6% is made up of textiles and articles thereof, etc.
Kosovo's exports to EU countries amounted to 8,5 million euros, or about 22.2% of total exports, up 67.4%. The main partners for the export of goods to EU are: Denmark with 3.3%; Netherlands with 3.0%; Germany with 2.7%; Italy with 2.2%; Bulgaria with 2.2%, etc.
Meanwhile, Kosovo's imports from EU countries were about 118,6 million euros, or 43.1% of total imports, with a 10.5% increase. The highest share of imports were from Germany (12.3%), Italy (7.0%), Greece (5.2%), Poland (2.6%), etc.
In July 2017, Kosovo's exports to CEFTA countries reached 21,1 million euros, or 55.1% of total exports, with a 34.4% increase. The main export partners from CEFTA countries were: Serbia (21.5%), Albania (12.8%), Macedonia (11.5%) and Montenegro (6.3%).
While imports from CEFTA countries in July 2017 reached 76,7 million euros, or 27.9% of total imports, with an increase of 24.5%. The countries with the highest share of imports were: Serbia (14.1%), Macedonia (5.1%), Albania (4.9%) and Bosnia and Herzegovina (3.0%).
Kosovo's exports to other countries of the world reached 8,6 million euros, or 22.7%. The most important partners of these countries for export are worth mentioning: India (14.3%) and Switzerland (4.2%).
Meanwhile, Kosovo's imports to other countries of the world amounted to 79,9 million euros, or 29.0%. The countries with the highest share of imports in this group were: Turkey (10.1%) and China (9.9%).
For more information on Kosovo International Trade Statistics for July 2017, visit: http://ask.rks-gov.net/en/kosovo-agency-of-statistics/add-news/statistikat-e-tregtise-se-jashtme-korrik-2017