International Trade Statistics, May 2018
The Kosovo Agency of Statistics (KAS) has published data on the flow of exports and imports for May 2018.
Data from Kosovo International Trade show a higher trade deficit of 13.1% in May 2018, compared to the same period of 2017, i.e. 277.8 million euros, compared to the deficit of 245.7 million euros in the year of 2017. Export covered import by 10.6%.
Exports of goods in May 2018 reached to 32.8 million euros, while imports reached 310.6 million euros, a decrease of (-2.0%) for exports and an increase of 11.3% for imports, compared with the same period of 2017.
According to the data of the main groups for export: 26.9% of exports are made up of base metals and articles thereof; 20.7% are mineral products; 11.3% consists of plastics, rubber and articles thereof; 10.1% consists of prepared foodstuffs, beverages and tobacco; 3.3% consists of plant products; 3.0% consists of leather and articles thereof; 2.7% consists of various manufactured articles; 2.3% consists of machinery, mechanical and electrical equipment; 2.1% are made up of textiles and articles, etc.
Whereas, according to the data of main groups for import: 15.8% of imports consists of machinery, mechanical and electrical equipment; 14.3% are mineral products; 11.4% consists of basic metals and articles thereof; 11.0% consists of prepared foodstuffs, beverages and tobacco; 7.7% constitute the means of transport; 6.6% consists of plastics, rubber and articles thereof; 6.5% consist of chemical industry products; 4.9% are plant products, etc.
Kosovo's exports to EU countries reached 11.2 million euros, or about 34.4% of total exports, an increase of 51.6%. The main partners of export of goods in the EU are: Austria (10.2%), Germany (4.5%), Slovenia (3.9%), Great Britain (3.8%), Holland (3.4%), and Bulgaria (3.0%).
Kosovo's imports from EU countries were about 133.2 million euros, or 42.9% of total imports, an increase of 13.1%. The highest share of imports was from Germany (12.7%), Italy (8.4%), Spain (2.9%), Greece (2.5%), Poland (2.2%), etc.
In May 2018, Kosovo's exports to CEFTA countries reached 17.5 million euros, or 53.5% of total exports, up 5.2%. The main partners for export from CEFTA countries are: Albania (18.5%), Macedonia (12.2%), Serbia (12.1%), and Montenegro (8.0%).
While imports from CEFTA countries in May 2018 reached 85.5 million euros, or 27.5% of total imports, with an increase of 13.9%. The countries with the highest share of imports were: Serbia (12.6%), Albania (6.5%), Macedonia (5.0%) and B & H (2.9%).
Kosovo's exports to other countries of the world reached 3.9 million euros, or 12.1%. The most important partners of these countries for export worth mentioning are: Switzerland (7.8%) and Turkey (2.3%).
Meanwhile, Kosovo's imports to other countries of the world reached 91.8 million euros, or 29.6%. The countries with the highest share of imports in this group were: Turkey (10.4%) and China (8.9%).