International Trade Statistics, July 2018
The Kosovo Agency of Statistics (KAS) has published data on the flow of export and import for July 2018.
Data from Kosovo International Trade show a higher trade deficit of 18.3% in July 2018, compared to the same period of 2017, i.e. in the amount of 280.2 million euros, compared to the deficit of 236.9 million euros in 2017. Exports cover imports by 9.3%.
Exports of goods in July 2018 reached 28.7 million euros, while imports reached 309.0 million euros, a decrease by (-25.0%) for exports and an increase by 12.2% for imports, compared with the same period of 2017.
According to the data of the main groups for export: 31.3% of exports are made up of base metals and articles thereof; 13.7% comprise of prepared foodstuff, beverages and tobacco; 13.5% consists of plastics, rubber and articles thereof; 12.5% are mineral products; 8.5% consists of plant products; 3.1% consists of textiles and articles thereof; 2.9% consists of machinery, mechanical and electrical equipment; 2.8% are made up of leather and articles thereof.
Meanwhile, according to the data of main groups for import: 14.4% are mineral products; 14.1% consists of machinery, mechanical and electrical equipment; 12.6% consists of prepared foodstuff, beverages and tobacco; 11.0% consists of basic metals and articles thereof; 7.4% constitute the means of transport; 6.8% are the products of the chemical industry; 6.3% consists of plastics, rubber and articles thereof; 4.3% are made up of textiles and articles thereof, etc.
Kosovo's exports to EU countries reached 7.6 million euros, or about 26.7% of total exports, thus down by -9.9%. The main partners of export in the EU are: Germany (6.2%), Slovenia (4.8%), and Netherlands (4.6%).
Kosovo's imports from EU countries were about 126.6 million euros, or 41.0% of total imports, with a 6.7% increase. The highest share of imports were from Germany (11.6%), Italy (7.2%), Greece (2.9%), Poland (2.6), Romania (2.3%) and others.
In July 2018, Kosovo's exports to CEFTA countries reached 16.0 million euros, or 55.7% of total exports, thus down by (-24.2%). The main partners for export from CEFTA countries are: Albania (23.7%), Macedonia (12.7%), Serbia (11.1%), and Montenegro (5.5%).
While imports from CEFTA countries in July 2018 reached 82.3 million euros, or 26.7% of total imports, with an increase by 7.4%. The countries with the highest share of imports were: Serbia (12.1%), Albania (7.0%), Macedonia (4.9%) and B & H (2.1%).
Kosovo's exports to other countries of the world amounted to 5.0 million euros, or 17.6%. The most important partners for export of these countries worth mentioning are Switzerland (8.4%) and India (3.3%).
Meanwhile, Kosovo's imports to other countries of the world reached 100.0 million euros, or 32.4%. The countries with the highest share of imports in this group were: China (10.5%) and Turkey (9.9%).