International Trade Statistics (ITS), February 2022
The Kosovo Agency of Statistics (KAS) has released the data on the flow of export and import of goods in February 2022
Data from the Kosovo International Trade in goods indicate a higher trade deficit by 38.0% in February 2022, compared to the same period of 2021, respectively in the amount of 349.5 million Euros, compared to the deficit of 253.3 million Euros as it was in 2021. Exports cover imports by 15.7%.
Exports of goods in February 2022 were worth 65.2 million Euros, while imports 414.7 million Euros, which is an increase by 34.8% for exports and 37.5% for imports, compared to the same period of 2021.
According to the data of the main groups for export: 28.9% of the exports are miscellaneous manufactured articles; 23.7% are base metals and articles thereof; 13.2% are plastics, rubber and articles thereof; 6.9% are mineral products; 5.6% are prepared foodstuffs, beverages and tobacco, etc.
Whereas, according to the data of the main groups for import: 21.0% are mineral products; 10.9% are base metals and articles thereof; 10.5% are machinery, mechanical and electrical equipment; 9.9% are prepared foodstuffs, beverages and tobacco; 8.0% are products of the chemical industry; 7.6% are plastics, rubber and articles thereof; 6.5% are means of transport, etc.
Kosovo's exports to EU countries (27) amounted to Euro 19.3 million, or about 29.6% of total exports, with an increase by 15.3%. The main partners for the export of goods to the EU were: Germany (8.8%), Italy (5.1%), Bulgaria (2.4%), etc.
Kosovo's imports from EU countries (27) were around 190.4 million Euros, or 45.9% of total imports, with an increase by 27.8%. The main partners for import were Slovenia (12.4%), Germany (10.8%), Italy (4.0%), etc.
In February 2022, Kosovo's exports to CEFTA countries amounted to 22.0 million Euros, or 33.8% of total exports, with an increase by 36.7%. The main partners for exports from CEFTA countries were: North Macedonia (13.4%), Albania (8.8%), Serbia (6.3), Montenegro (3.9%).
Meanwhile, imports from CEFTA countries in February 2022 amounted to 68.0 million Euros, or 16.4% of total imports, with an increase by 36.0%. The countries with the highest share of imports were: Serbia (5.9%), North Macedonia (4.9%) and Albania (4.4%).
Kosovo's exports to other countries of the world amounted to 23.8 million Euros, or 36.6%. The most important export partners from these countries are: USA (23.6%), and Switzerland (7.9%).
While Kosovo's imports with other countries of the world amounted to 156.1 million Euros, or 37.7%. The countries with the highest share of imports in this group were: Turkey (12.9%) and China (9.5%).