International Trade Statistics (ITS), June 2016
Kosovo Agency of Statistics (KAS) has published data regarding the flow of exports and imports of goods for the month of June 2016.
Data from the Kosovo External Trade indicate a higher trade deficit of 2016.8 million Euros, or 4.5% in June 2016 compared with a deficit of 207.6 million Euros of the same period of 2015. Exports covered imports by 12.3 %.
Exports of goods in the month of June 2016 were worth 30.3 million Euros, while imports were 247.2 million Euros, which is a decrease of (-0.3%) for exports and an increase of 3.8% for imports compared to the same period of 2015.
According to the data the main groups of export are: 33.2% of exports comprise metals and articles thereof; 27.4% are mineral products; 8.6% are plastics, rubber and articles thereof; 7.4% are prepared foodstuffs, beverages and tobacco; 4.6% are leather and articles thereof; Constituting 3.7% of plant products; 3.7% are miscellaneous manufactured articles; 2.7% are machinery, mechanical and electrical equipment; 2.7% are textile and articles thereof, etc.
According to data on import of main groups: 14.1% of imports comprise machinery, mechanical and electrical equipment; 13.5% are prepared foodstuffs, beverages and tobacco; 10.8% are mineral products; 8.5% are base metals and articles thereof; 8.3% are products of the chemical industry; 7.7% are means of transport; 6.7% are plastics, rubber and articles thereof; 5.4% are herbal products, etc.
Exports to EU countries amounted to 6.5 million Euro, or 21.5% of total exports, with a decrease of (-38.6%). The main partners for export of goods to the EU are: Germany (4.4%), Netherlands (3.4%), Bulgaria (3.8%), Italy (2.1%) and Austria (2.1%).
Imports from EU countries were around 105.4 million Euro, or 42.7% of total imports, with an increase of 4.3%. Imports with higher participation were from: Germany (12.0%), Italy (7.3%), Greece (4.8%), etc.
Meanwhile, Kosovo's exports to CEFTA countries, in the month of June 2016 totaled 15.8 million Euro or 52.3% of total exports, which had an increase of 27.4%. While the main export partners of the CEFTA countries are: Serbia (16.8%), Macedonia (14.8%), Albania (11.8%) and Montenegro (5.6%).
Meanwhile, imports from CEFTA countries, in the month of June 2016, amounted to 65.1 million Euro, or 26.3% of total imports, with a decrease of (-8.3%). While countries with the highest participation with import were: Serbia (13.7%), Macedonia (5.9%), Albania (3.9%) and B&H (2.3%).
Exports to other countries of the world amounted to 7.9 million Euro, or 26.3%. While, the most important partners of these countries for export are: Switzerland (6.0%), Turkey (2.1%) and India (2.1%).
While imports of Kosovo with other countries of the world amounted to 76.6 million Euro, or 31.0%. Countries with the highest participation of import in this group are: Turkey (11.7%) and China (9.6%).
For more information regarding the External Trade Statistics for the month of June 2016, visit: