International Trade Statistics (ITS), September 2016
Kosovo Agency of Statistics (KAS) has published data regarding the flow of exports and imports for the month of September 2016.
Data from the Kosovo’s External Trade indicate a higher trade deficit to 2.2% in September 2016, compared to the same period of 2015, i.e. in the amount of 211.0 million euros, compared to a deficit of 206.4 million euros in 2015. Exports covered imports by 9.3%.
Exports of goods in the month of September 2016 were worth 21.6 million euros, while imports were 232.6 million euros, which is a decline of (-11.2%) for exports and an increase of 0.8% for imports compared to the same period in 2015.
According to the key export groups: 32.3% are base metals and articles thereof; 13.7% are plastics, rubber and articles thereof; 11.6% are mineral products; 11.1% are prepared foodstuffs, beverages and tobacco; 8.9% constitute plant products; 3.3% are miscellaneous manufactured articles; 3.0% are machinery, mechanical and electrical equipment; 2.9% are textile and articles thereof, etc.
While, according to data for import groups: 13.1% of import consists of prepared food, beverage and tobacco; 12.5% are mineral products; 10.9% are machinery, mechanical and electrical equipment; 9.9% are base metals and articles thereof; 8.4% are products of the chemical industry; 7.3% are means of transport; 6.5% are plastics, rubber and articles thereof, etc.
Kosovo’s exports to EU countries amounted to 5.8 million euro, or approximately 27.1% of total exports, a decrease of (-21.9%). The main partners for export of goods to the EU are: Germany (7.2%), the Netherlands (4.7%), Bulgaria (3.6%), and Italy (2.5%).
But Kosovo's imports from EU countries were around 101.6 million euros, or 43.7% of total imports; an increase of 5.8%. With the highest participation are imports from: Germany (12.3%), Italy (6.9%), Greece (5.6%), Poland (2.5%), etc.
Meanwhile, Kosovo's exports with CEFTA countries in the month of September 2016 amounted to 10.6 million euros, or 49.0% of total exports, with a decrease of (-2.3%). The main partners for export from the CEFTA countries are: Albania (19.3%), Macedonia (15.9%), Serbia (7.5%) and Bosnia and Herzegovina (3.4%).
Meanwhile, imports from CEFTA countries in the month of September 2016 amounted to 66.0 million euros, or 28.4% of total imports, which had decreased (-8.2%). Countries with the highest share of import were: Serbia (15.2%), Macedonia (6.0%), Albania (4.1%) and Bosnia and Herzegovina (2.5%).
Kosovo’s exports with other countries of the world amounted to 5.1 million euros, or 23.8%. The most important partners for export are: Switzerland (5.5%) and India (2.3%).
Meanwhile, imports of Kosovo to other countries totalled 65.0 million euros, or 27.9%. Countries with the highest share of import in this group are: Turkey (9.0%) and China (8.9%).
For more information regarding the External Trade Statistics for September 2016 visit: http://ask.rks-gov.net/en/kosovo-agency-of-statistics/economy/international-trade