International Trade Statistics, February 2017
Kosovo Agency of Statistics (KAS) has published data related to flows of exports and imports for the month of February 2017.
Data from the International Trade in Kosovo indicate a higher trade deficit to 2.7% in February 2017, compared to the same period of 2016, ie in the amount of 174,1 million euros, compared with a deficit of 169, 6 million euros in 2016. Exports covered imports by 12.0%.
Exports of goods in the month of February 2017 was worth 23,6 million euros, while imports 197,8 million euros, which is a decrease of (-1.6%) for exports and an increase of 2.2% for imports compared to the same period of 2016.
According to the main groups of export: 37.1% of exports consists of base metals and articles thereof; 12.7% are mineral products; 10.7% are plastics, rubber and articles thereof; 9.5% are prepared foodstuffs, beverages and tobacco; 5.3% are plant products; 4.3% leather and articles thereof; 4.4% are various manufactured articles, etc.
While, according to the data of the main groups of import: 16.9% of imports comprise mineral products; 13.0% are prepared foodstuffs, beverages and tobacco; 10.7% are machinery, mechanical and electrical equipment; 9.2% are means of transport; 8.3% are base metals and articles thereof; 7.9% comprised chemical industry products; 6.3% are plant products; and 5.9% are plastics, rubber and articles thereof, etc.
Exports to EU countries amounted to 6,1 million euros, or about 25.7% of total exports, a decline of (-11.8%). Main partners for export of goods in EU are: Germany (5.9%), the Netherlands (4.1%), the UK (3.8%), Austria (2.5%) and Bulgaria (2.5%).
Meanwhile, Kosovo imports from EU countries were about 84,2 million, or 42.6% of total imports, an increase of 1.0%. Imports with the highest participation were from: Germany (13.4%), Italy (5.2%), Greece (3.5%), Poland (2.7%), etc.
Meanwhile, Kosovo's exports with CEFTA countries in the month of February 2017 amounted to 10,1 million Euro, or 42.9% of total exports, an increase of 24.6%. Meanwhile, the main partners for export from CEFTA countries are: Albania (16.3%), Macedonia (12.6%), Serbia (7.8%) and Montenegro (4.0%).
Meanwhile, imports from CEFTA countries in the month of February 2017, totalled 60.5 million euros, or 30.6% of total imports, an increase of 19.4%. Meanwhile, countries with the highest participation of import were: Serbia (18.1%), Albania (5.2%), Macedonia (4.6%), and B & H (2.5%).
Meanwhile, imports from CEFTA countries, in the month of February 2017, totalled 60,5 million euros, or 30.6% of total imports, an increase of 19.4%. Meanwhile, countries with the highest participation of import were: Serbia (18.1%), Albania (5.2%), Macedonia (4.6%), and B & H (2.5%).
Kosovo's exports to other countries totalled 7,4 million euros, or 31.3%. As important partners of these countries for exports were India (11.9%) and Switzerland (7.8%).
Meanwhile, imports of Kosovo with other countries totalled 52,9 million euros, or 26.8%. Countries with the highest participation of import were: China (8.4%) and Turkey (8.4%).
For more information regarding the International Trade Statistics for the month of February 2017, visit: http://ask.rks-gov.net/en/kosovo-agency-of-statistics/add-news/statistikat-e-tregtise-se-jashtme-shkurt-2017
Access to detailed data through ASKDATA platform: http://askdata.rks-gov.net/PXWeb/pxweb/sq/askdata/askdata__External%20trade/?rxid=6bad64a2-4230-47f8- 9eda-0a6319b991f3