International Trade Statistics in Goods, April 2020
The Kosovo Agency of Statistics (KAS) has released data on the flow of export and import in April 2020.
Data on Kosovo International Trade of Goods indicate a lower trade deficit by (-37.6%) in April 2020, compared to the same period in 2019, respectively in the amount of 161.2 million Euros, compared to the deficit of 258.5 million Euros in 2019. Exports cover imports by 16.9%.
Exports of goods in April 2020 amounted to 32.6 million Euros, while imports 193.9 million Euros, which is a decrease by (-11.5%) for exports and (-34.4%) for imports, compared to the same period of 2019.
According to the data of the main groups for export: 45.3% of exports are basic metals and articles thereof; 11.2% are plastics, rubber and articles thereof; 8.5% are products of the chemical industry; 8.3% are prepared foodstuffs, beverages and tobacco; 5.6% comprise various manufactured items; 5.3% are mineral products; 4.6% are plant products; 3.3% are machinery, mechanical and electrical equipment, etc.
Whereas, according to the data of the main groups for import: 16.3% are prepared foodstuffs, beverages and tobacco; 13.0% are machinery, mechanical and electrical equipment; 10.9% are products of the chemical industry; 9.9% are mineral products; 9.8% are plant products; 7.5% are basic metals and articles thereof; 7.0% are plastics, rubber and articles thereof; 3.6% are means of transportation, etc.
Kosovo's exports to EU countries amounted to 12.4 million Euros, or about 38.2% of total exports, an increase by 1.1%. The main partners for the export of goods to the EU were: Germany (8.9%), Great Britain (5.6%), the Netherlands (4.0%), Sweden (4.0%), etc.
Kosovo's imports from EU countries were about 95.4 million Euros, or 49.2% of total imports, with a decrease by (-38.9%). The highest share of imports were from: Germany (10.2%), Greece (6.7%), Italy (4.8%), Poland (3.9%), Bulgaria (3.8%), Croatia (3.3%), etc.
In April 2020, Kosovo's exports to CEFTA countries amounted to 16.2 million Euros, or 49.7% of total exports, an increase by 3.9%. The main partners for export from CEFTA countries were: Albania (34.5%), Northern Macedonia (7.1%), Serbia (3.6%), and Montenegro (3.0%).
Imports from CEFTA countries, in April 2020, amounted to 37.6 million Euros, or 19.4% of total imports, with a decrease by (-21.0%). The highest share of imports were from: Serbia (7.8%), Northern Macedonia (5.3%), and Albania (3.9%).
Kosovo's exports to other countries of the world amounted to 3.9 million Euros, or 12.1%. The most important export partners from these countries are Switzerland (7.7%) and Turkey (1.2%).
Kosovo's imports to other countries of the world amounted to 60.8 million Euros, or 31.3%. The countries with the highest share of imports in this group were: Turkey (10.8%) and China (8.7%).