International Trade Statistics, March 2018
The Kosovo Agency of Statistics (KAS) has published data on the flow of exports and imports for March 2018.
Data from Kosovo International Trade show a lower trade deficit of 1.9% in March 2018, compared to the same period of 2017, ie in the amount of 228.9 million euros, compared to the deficit of 233.3 million euros in 2017. Export covered import by 10.4%.
Exports of goods in March 2018 amounted to 26.4 million euros, while imports amounted to 255.4 million euros, which is a decrease (-15.4%) for exports and (-3.5%) for imports, compared with the same period of 2017.
According to the data of the main groups for export: 26.1% of exports are made up of base metals and articles thereof; 15.3% are mineral products; 13.3% comprise prepared foodstuff, beverages and tobacco; 13.3% consists of plastics, rubber and articles thereof; 4.9% are plant products; 4.7% are made up of leather and articles thereof; 4.5% consists of machinery, mechanical and electrical equipment; 4.2% consists of textiles and articles thereof; 4.0% are made up of different manufactured articles, etc.
Whereas, according to the data of main groups for import: 12.8% of imports constitute mineral products; 11.7% consists of prepared foodstuffs, beverages and tobacco; 11.2% consists of machinery, mechanical and electrical equipment; 10.8% consists of basic metals and articles thereof; 9.8% consists of chemical industry products; 8.6% comprise the means of transport; 6.8% consists of plastics, rubber and articles thereof; 5.6% consist of plant products, etc.
Kosovo's exports to EU countries reached 9.0 million euros, or about 34.2% of total exports, an increase of 18.9%. The main partners for export of goods to EU are: Germany (7.4%), Holland (4.4%), Great Britain (4.2%), Slovenia (3.4%) and Bulgaria (3.2%).
Kosovo's imports from EU countries were about 106.0 million euros, or 41.5% of total imports, down by -9.8%. The highest share of imports were from Germany (12.0%), Italy (5.5%), Greece (3.1%), and Romania (3.0%) and so on.
In March 2018, Kosovo's exports to CEFTA countries reached 13.6 million euros, or 51.8% of total exports, down by (-4.7%). The main export partners from CEFTA countries are: Albania (20.5%), Macedonia (15.0%), Serbia (8.2%) and Montenegro (6.2%).
While imports from CEFTA countries in March 2018 reached 66.0 million euros, or 25.9% of total imports, down by (-12.0%). The countries with the highest share of imports were: Serbia (14.3%), Macedonia (5.0%), Albania (4.0%) and B & H (2.1%).
Kosovo's exports to other countries of the world amounted to 3.6 million euros, or 13.9%. The most important export partners are Switzerland (7.6%) and Turkey (4.0%).
Meanwhile, Kosovo's imports to other countries of the world amounted to 83.3 million euros, or 32.6%. The countries with the highest share of imports in this group were: China (9.8%) and Turkey (9.6%).