International Trade Statistics, November 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