International Trade Statistics, August 2018
The Kosovo Agency of Statistics (KAS) has published data on the flow of export and import for August 2018.
Data from Kosovo Foreign Trade show a higher trade deficit by 4.5% in August 2018 compared to the same period of 2017, i.e. 276.5 million euros compared to the deficit of 264.6 million euro in 2017. Exports cover imports by 9.9%.
Export of goods in August 2018 was 30.4 million euros, while imports amounted to 307.0 million euros, which is a decrease by (-6.5%) for exports and an increase by 3.3% for imports compared to the same period of year 2017.
According to the data of the main groups for export: 24.9% of exports are made up of base metals and articles thereof; 17.4% are mineral products; 15.0% consists of prepared foodstuffs, beverages and tobacco; 12.0% consists of plastics, rubber and articles thereof; 9.7% consists of plant products; 4.2% consists of machinery, mechanical and electrical equipment; 3.8% are made up of various manufactured items, etc.
Whereas, according to the data of the main groups for import: 17.1% are mineral products; 14.3% consists of prepared foodstuffs, beverages and tobacco; 12.0% consists of basic metals and articles thereof; 10.6% consists of machinery, mechanical and electrical equipment; 6.7% constitute the means of transport; 6.3% consists of chemical industry products; 6.2% consists of plastics, rubber and articles thereof; 4.8% consists of live animals, products of animal origin, etc.
Kosovo's exports to EU countries amounted to 10.5 million euros, or about 34.5% of total exports, with an increase by 31.4%. The main partners of export in the EU are: Germany (7.2%), Slovenia (5.5%), Great Britain (4.7%), Holland (3.6%) and other.
Meanwhile, Kosovo's imports from EU countries were about 128.2 million euros, or 41.8% of total imports, with an increase by 5.0%. The highest share of imports were from Germany (11.1%), Italy (6.5%), Romania (4.1%), Greece (3.3%), Poland (3.2)
In August 2018, Kosovo's exports to CEFTA countries reached 15.4 million euros, or 50.6% of total exports, down by (-6.2%). The main partners of export from CEFTA countries are: Albania (19.8%), Serbia (11.5%), Macedonia (11.1%) and Montenegro (6.2%).
While imports from CEFTA countries in August 2018 reached 90.6 million euros, or 29.5% of total imports, with an increase by 4.2%. Countries with the highest share of imports were: Serbia (14.0%), Albania (7.2%), Macedonia (5.5%) and B & H (2.4%).
Kosovo's exports to other countries of the world amounted to 4.5 million euros, or 14.9%. The most important partners for export of these countries worth mentioning is Switzerland with 9.6%.
Meanwhile, Kosovo's imports to other countries of the world amounted to 88.0 million euros, or 28.7%. The countries with the highest share of imports in this group were: Turkey (9.0%) and China (8.8%).