International Trade Statistics, November 2016

  • 29/12/2016

Kosovo Agency of Statistics (KAS) has published data regarding the flow of exports and imports for the month of November 2016.

Data from the Kosovo International Trade indicate a higher trade deficit to 4.3% in November 2016 compared to the same period of 2015, ie in the amount of 202.7 million euros, compared with a deficit of 194 million euros in 2015. Exports covered imports by 13.7%.

Exports of goods in the month of November 2016 were worth 32.1 million euros, while imports were 234.8 million euros, which is an increase of 35.4% for exports and 7.6% for imports compared to the same period of 2015.

According to the key export groups: 34.2% are base metals and articles thereof; 28.5% are mineral products; 7.7% are plastics, rubber and articles thereof; 7.4% are prepared foodstuffs, beverages and tobacco; 5.2% are plant products; 3.5% are leather and articles thereof; 2.3% are machinery, mechanical and electrical equipment, etc.

While, according to data for import groups: 13.5% of import consists of prepared food, beverage and tobacco; 13.3% are machinery, mechanical and electrical equipment; 12.2% are mineral products; 9.9% are base metals and articles thereof; 7.5% are means of transport; 7.2% are products of the chemical industry; 6.7% are plastics, rubber and articles thereof, etc.

Exports to EU countries amounted to 6.4 million euros, or approximately 20.0% of total exports, an increase of 0.1%. The main partners for export of goods to the EU are: Germany (5.2%) Bulgaria (3.5%) Denmark (3.4%) and Austria (2.6%).

But Kosovo's imports from EU countries were around 102,2 million euros, or 43.5% of total imports, an increase of 10.9%. Imports with higher participation were from: Germany (11.9%), Italy (5.7%), Greece (4.9%), Poland (3.2%), etc.

Meanwhile, Kosovo's exports to CEFTA countries in November 2016 amounted to 16.6 million euros, or 51.7% of total exports, an increase of 68.9%. While the main export partners of the CEFTA countries were: Serbia (22.1%), Albania (12.6%), Macedonia (11.8%), and Montenegro (3.3%).

Meanwhile, imports from CEFTA countries in November 2016 amounted to 65.6 million Euro, or 27.9% of total imports, an increase of 4.0%. But, countries with the highest share of import were: Serbia (14.0%), Macedonia (5.6%), Albania (4.1%) and Bosnia and Herzegovina (3.6%).

Exports to other countries totalled 9.0 million euros, or 28.3%. While, as the most important partners of these countries for export were: China (18.5%) and Switzerland (5.8%).

Meanwhile, imports of Kosovo to other countries totalled 66.9 million euros, or 28.5%. Countries with the highest share of import in this group were: China (9.6%) and Turkey (9.3%).

For more information regarding the International Trade Statistics for November 2016 visit: http://ask.rks-gov.net/en/kosovo-agency-of-statistics/add-news/statistikat-e-tregtise-se-jashtme-nentor-2016