International Trade Statistics, October 2019

  • 22/11/2019

The Kosovo Agency of Statistics (KAS) has released data on the flow of export and import in October 2019.

Data from the Kosovo International Trade indicate a higher trade deficit by 4.5% in October 2019, compared to the same period in 2018, amounting to 282.7 million euros, compared to the deficit of 270.5 million euros in 2018. Exports covers imports by 10.3%.

Exports of goods in October 2019 amounted to 32.3 million euros, while imports amounted to 315.1 million euros, which is a decrease by (-15.6%) for exports, while an increase by 2.0% for imports compared to the same period in 2018.

According to the data of the main groups for export: 31.2% of exports are base metals and articles thereof; 15.9% are made of plastics, rubber and articles thereof; 11.2% are prepared foodstuffs, beverages and tobacco; 7.5% are plant products; 6.1% are machinery, mechanical and electrical equipment; 5.5% make up the various manufactured articles; 4.6% are textiles and articles thereof.

Whereas, according to the data of the main groups for imports: 15.0% are mineral products; 13.0% are machinery, mechanical and electrical equipment; 11.0% are base metals and articles thereof; 10.4% are prepared foodstuffs, beverages and tobacco; 9.0% are means of transport; 7.1% are products of the chemical industry; 6.3% are made of plastics, rubber and articles thereof.

Kosovo's exports to EU countries (28) amounted to 13.2 million euros, or about 41.1% of total exports, an increase by 29.0%. The main partners for export of goods to the EU are Italy (12.8%), Germany (9.6%), the Netherlands (5.4%), the UK (1.7%) and others.

Kosovo's imports from EU countries (28) were about 160.3 million euros, or 50.9% of total imports, with an increase of 28.9%. The highest share of imports was from Germany (13.0%), Italy (10.6%), Greece (3.7%), Bulgaria (3.6%), Slovenia (3.1%), etc.

In October 2019, Kosovo's exports to CEFTA countries amounted to 14.3 million euros, or 44.4% of total exports, with a decrease by (-10.4%). The main export partners from CEFTA countries were Albania (18.9%), Macedonia (12.0%), Serbia (7.5%), and Montenegro (4.2%).

Kosovo’s imports from CEFTA countries in October 2019 amounted to 45.0 million euros, or 14.3% of total imports, with a decrease by (-47.8%). The countries with the highest share of imports were: Macedonia (6.9%), Albania (6.3%), and Serbia (0.1%).

Kosovo's exports to other countries of the world amounted to 4.6 million euros, or 14.5%. The most important export partners from these countries are Switzerland: 7.9% and Turkey (3.1%).

Kosovo's imports with other countries of the world amounted to 109.7 million euros, or 34.8%. The countries with the highest share of imports for this group were Turkey (12.5%) and China (10.0%).