International Trade Statistics, January 2019
The Kosovo Agency of Statistics (KAS) has published the data on the flow of export and import in January 2019.
Data from Kosovo International Trade show a lower trade deficit by 2.1% in January 2019, compared to the same period of 2018, i.e. in the amount of 166.9 million euros, compared to the deficit of 170.5 million euros in 2018. Export covers import by 12.3%.
Exports of goods in January 2019 reached 23.4 million euros, while imports reached 190.4 million euros, which is a decrease of exports by (-4.3%) and a decrease of imports by (-2.4%) compared to the same period of 2018.
According to the data of the main groups for export: 36.8% of exports are made up of base metals and articles thereof; 13.2% consists of plastics, rubber and articles thereof; 12.2% are mineral products; 7.1% consists of machinery, mechanical and electrical equipment; 6.1% consists of various manufactured articles; 5.4% consist of prepared foodstuffs, beverages and tobacco; 4.9% consists of plant products, etc.
Whereas, according to the data of main groups for import: 18.1% consist of mineral products; 11.8% consist of prepared foodstuffs, beverages and tobacco; 11.4% consist of machinery, mechanical and electrical equipment; 8.5% consist of base metals and articles thereof; 8.5% consist of means of transport; 7.9% consist of chemical industry products; 5.5% consist of plastics, rubber and articles thereof, etc.
Kosovo's exports to EU countries reached 8.9 million euros, or about 38.0% of total exports, with an increase by 40.8%. The main partners for export in the EU are: Germany (9.3%), Italy (8.5%), Holland (5.2%), and Great Britain (3.9%).
Kosovo's imports from EU countries reached about 99.2 million euros, or 52.1% of total imports, with an increase by 55.5%. The highest share of imports were from Germany (11.7%), Slovenia (7.3%), Greece (6.2%), Italy (4.8%), Bulgaria (4.3%), etc.
In January 2019, Kosovo's exports to CEFTA countries reached 7.4 million euros, or 31.9% of total exports, a decrease by (-22.8%). The main partners for export from CEFTA countries were: Albania (10.9%), Macedonia (8.7%), Serbia (6.1%) and Montenegro (4.9%).
While imports from CEFTA countries in January 2019 reached 19.8 million euros, or 10.4% of total imports, a decrease by (-46.5%). The countries with the highest share of imports were: Macedonia (5.7%), Albania (3.6%) and Serbia (0.4%).
Kosovo's exports to other countries of the world reached 7.0 million euros, or 30.1%. The most important partners for export were: India (14.9%) and Switzerland (9.0%).
Meanwhile, Kosovo's imports to other countries of the world reached 71.3 million euros, or 37.5%. The countries with the highest share of imports in this group were: China (10.9%) and Turkey (10.4%).