International Trade Statistics in goods (ITS), January 2023
The Kosovo Agency of Statistics (KAS) has released the data on the flow of export and import for the month of January 2023.
Data from the International Trade in goods in Kosovo indicate a higher trade deficit by 6.4% in January 2023, in relation to the same period of 2022, namely in the amount of 291.5 million Euros, compared to the deficit of 273.8 million Euros in 2022. Export covers import by 17.6%.
The export of goods in January 2023 had the value of 62.1 million Euros, while the import had the value of 353.7 million Euros, which is a decrease by (-3.2%) for export, and an increase by 4.6% for import, compared to the same period of the year 2022.
According to the data of the main groups for export: 25.6% are base metals and articles thereof; 14.3% consists of plastics, rubber and articles thereof; 13.6% are various manufactured items; 10.4% are mineral products; 8.6% are prepared foodstuffs, beverages and tobacco; 4.8% is made up of textiles and articles thereof; 4.4% are plant products, etc.
While, according to the data of the main group for imports: 17.2% are mineral products; 11.7% are prepared foodstuffs, beverages and tobacco; 11.2% are machines, mechanical and electrical equipment; 10.1% are base metals and articles thereof; 8.8% are the means of transport; 6.7% are the products of the chemical industry; 6.0% is made up of textiles and articles thereof; 5.6% is made up of plastics, rubber and articles thereof, etc.
Kosovo's exports to EU countries reached 19.7 million Euros, or about 31.8% of total exports, with a decrease by (-24.1%). The main partners for the export of goods to the EU were: Germany (11.6%), Italy (4.6%), the Netherlands (3.7%), etc.
Kosovo's imports from EU countries were around 149.3 million Euros, or 42.2% of total imports, with a decrease by (-9.9%). The main partners for imports were: Germany (11.2%), Italy (4.6%), Greece (4.6%), etc.
In January 2023, Kosovo's exports with CEFTA countries reached 25.9 million Euros, or 41.8% of total exports, with an increase by 65.9%. The main partners for export from CEFTA countries were: North Macedonia (19.2%), Albania (10.2%), Montenegro (6.1%), and Serbia (5.1%).
Meanwhile, imports from CEFTA countries in January 2023 reached 54.4 million Euros, or 15.4% of total imports, with an increase by 7.1%. The countries with the highest share of imports were: Serbia (5.1%), Albania (4.6%), and North Macedonia (4.4%).
Kosovo's exports with other countries of the world reached 16.4 million Euros, or 26.4%. As the most important partners for export are: Switzerland (9.5%), and the USA (8.1%).
Meanwhile, Kosovo's imports with other countries of the world reached 149.9 million Euros, or 42.4%. The countries with the highest import share in this group were: Turkey (14.2%) and China (10.5%).
For more information about International Trade Statistics for the month of January 2023, visit: http://ask.rks-gov.net/sq/agjencia-e-statistikave-te-kosoves/ekonomi/tregtia-e-jashtme