International Trade Statistics in Goods, January 2020
The Kosovo Agency of Statistics (KAS) has released data on the flow of export and import in January 2020.
Data on Kosovo International Trade indicate the highest trade deficit by (15.2%) in January 2020, compared to the same period in 2019, i.e. € 192,2 million compared to the deficit. € 166,9 million in 2019. Exports covers imports by (13.1%).
Export of goods in December 2020 was € 28,9 million, while import € 221,2 million, an increase by (23.2%) for export and (16.2%) for import compared to the same period of 2019.
According to the data of the main groups for export, the following are: (41.2%) of exports are base metals and articles thereof, plastics, (13.4%) rubber and articles thereof, (8.7%) prepared foodstuffs, beverages and tobacco, (8.0%) mineral products, (6.3%) miscellaneous manufactured articles, (4.4%) plant products, etc.
According to the data of the main groups for imports, the following are: (17.1%) mineral products, (11.4%) prepared foodstuffs, beverages and tobacco, (11.3%) machinery, mechanical and electrical equipment, (10.4%) base metals and articles thereof, (9.6%) means of transport, (6.4%) chemical industry products, (5.3%) plant products, (5.2%)plastics, rubber and articles thereof.
Kosovo's exports to EU-28 countries amounted to € 14,3 million, or about (49.4%) of total exports, with an increase by (60.4%). The main partners for export in the EU are: Netherlands (21.6%), Germany (6.6%), UK (4.9%), Belgium (3.9%), etc.
Kosovo's imports from EU-28 countries were around € 118,2 million, or (53.4%) of total imports, with an increase by (19.1%). The highest share of imports were from Germany ((12.5%), Greece (12.5%), Slovenia (5.1%), Italy (4.4%), Spain (3.6%), Bulgaria (3.5%), Croatia (3.2%), etc.
In January 2020, Kosovo's exports to CEFTA countries amounted to € 9,6 million, or (33.4%) of total exports, with an increase by (29.0%). The main partners for export from CEFTA countries are: Albania (13.4%), Macedonia (9.8%), Serbia (4.7%), and Montenegro (4.1%).
Whereas, imports from CEFTA countries in January 2020 amounted to € 25,1 million, or (11.4%) of total imports, with an increase by (26.6%). The countries with the highest share of imports were: Macedonia (5.7%), Albania (4.8%), and Serbia (0.1%).
Kosovo's exports to other countries of the world amounted to € 4,9 million, or (17.2%). The most important export partners of these countries are: Switzerland (8.7%), Turkey (3.3%).
Kosovo's imports to other countries of the world amounted to € 77,8 million, or (35.2%). The countries with the highest share of imports for this group were Turkey (10.8%) and China (10.0%).