International Trade in Goods, September 2020
The Kosovo Agency of Statistics (KAS) has released data on the flow of export and import in September 2020.
Data on the Kosovo International Trade of Goods indicate a lower trade deficit for (-4.5%) in September 2020, compared to the same period of 2019, respectively in the amount of 245.5 million Euros, compared to the deficit of 257.2 million Euros in 2019. Exports cover imports by 14.5%.
Exports of goods in September 2020 amounted to 41.7 million Euros, while imports amounted to 287.2 million Euros, which is an increase of 8.6% for exports, and a decrease of (-2.8%) for imports, compared to the same period of 2019.
According to the data of the main export groups: 23.7% of exports are base metals and articles thereof; 13.5% of exports are plant products; 13.3% of exports are various manufactured items; 12.7% of exports are plastics, rubber and articles thereof; 9.6% of exports are prepared foodstuffs, beverages and tobacco; 6.8% of exports are mineral products; 4.6% of exports are machinery, mechanical and electrical equipment; 4.5% of exports are textiles and articles thereof, etc.
According to the data of the main groups for import: 13.3% are machinery, mechanical and electrical equipment; 12.0% are base metals and articles thereof; 11.3% are vehicles; 11.1% are prepared foodstuffs, beverages and tobacco; 9.5% are mineral products; 7.9% are products of the chemical industry; 7.8% are plastics, rubber and articles thereof, etc.
Kosovo's exports to EU countries amounted to 15.3 million Euros, or about 36.8% of total exports, with an increase of 19.2%. The main partners for the export of goods to the EU were: Germany (13.3%), Great Britain (3.7%), the Netherlands (3.3%), etc.
Kosovo's imports from EU countries were around 119.5 million Euros, or 41.6% of total imports, with a decrease of (-16.0%). The main import partners were: Germany (13.3%), Italy (5.0%), Poland (3.2%), Greece (2.6%), etc.
In September 2020, Kosovo's exports to CEFTA countries amounted to 18.5 million Euros, or 44.6% of total exports, with an increase of 15.9%. The main export partners from CEFTA countries were: Albania (15.6%), Northern Macedonia (10.5%), Serbia (9.5%), and Montenegro (7.3%).
Imports from CEFTA countries, in September 2020, amounted to 62.4 million Euros, or 21.7% of total imports, with an increase of 46.7%. The countries with the highest share of imports were: Albania (7.2%), Serbia (6.6%) and Northern Macedonia (5.8%).
Kosovo's exports to other countries of the world amounted to 7.7 million Euros, or 18.6%. The most important export partners from these countries are: USA (8.6%), and Switzerland (7.1%).
Whereas, Kosovo's imports with other countries of the world amounted to 105.2 million Euros, or 36.6%. The countries with the highest share of imports in this group were: Turkey (12.3%) and China (10.1%).