International Trade Statistics, August 2019
The Kosovo Agency of Statistics (KAS) has released data on the flow of export and import in August 2019.
Data from the Kosovo International Trade show a lower trade deficit by 1.2% in August 2019 compared to the same period in 2018, amounting to 279.9 million euros compared to a deficit of 276.5 million euros in 2018. Exports cover imports by 10.2%.
Exports of goods in August 2019 reached 31.9 million euros, while imports reached 311.8 million euros, an increase by 4.7% for export and an increase by 1.6% for imports, compared to the same period in 2018.
According to the data of the main groups for exports: 34.1% of exports are base metals and articles thereof; 12.7% of exports comprise of prepared foodstuffs, beverages and tobacco; 12.5% of exports consist of plastics, rubber and articles thereof; 10.9% of exports comprise of plant products; 7.9% of exports are made up of mineral products; 5.8% of exports comprise the various manufactured articles; 3.5% of exports comprise machinery, mechanical and electrical equipment, etc.
According to the data of the main groups for imports: 16.9% of imports are mineral products; 14.1% of imports comprise prepared foodstuffs, beverages and tobacco; 10.3% of imports comprise of machinery, mechanical and electrical equipment; 9.2% of imports are base metals and articles thereof; 8.6% of imports comprise means of transport; 6.4% of imports consist of plastics, rubber and articles thereof; 6.2% of imports are chemical products etc.
Kosovo's exports to EU countries 9.1 million euros, or about 28.6% of total exports, with a decrease by (-13.3%). The main partners for export of goods to the EU are: Germany (7.7%), UK (3.6%), Netherlands (3.4%), etc.
Kosovo's imports from EU countries reached about 160.0 million euros, or 51.3% of total imports, with an increase by 24.8%. The highest share of imports was from Germany (12.0%), Greece (7.0%), Italy (6.6%), Bulgaria (4.1%), Poland (3.6%), Slovenia (3.6%), etc.
In August 2019, Kosovo's exports to CEFTA countries amounted to 13.8 million euros, or 43.3% of total exports, with a decrease by (-10.4%). The main export partners from CEFTA countries are: Albania (18.5%), Macedonia (9.9%), Serbia (8.5%), and Montenegro (4.5%).
Imports from CEFTA countries in August 2019 reached 47.2 million euros, or 15.1% of total imports, with a decrease by (-47.9%). The countries with the highest share of imports were Albania (7.1%), Macedonia (7.1%), and Serbia (0.1%).
Kosovo's exports to other countries of the world reached 8.9 million euros, or 28.1%. The most important partners for export are India (15.4%) and Switzerland (8.2%).
Kosovo's imports with other countries of the world reached 104.5 million euros, or 33.5%. The countries with the highest share of imports in this group were Turkey (10.5%) and China (10.4%).