International Trade Statistics, October 2019
The Kosovo Agency of Statistics (KAS) has released data on the flow of export and import in October 2019.
Data from the Kosovo International Trade indicate a higher trade deficit by 4.5% in October 2019, compared to the same period in 2018, amounting to 282.7 million euros, compared to the deficit of 270.5 million euros in 2018. Exports covers imports by 10.3%.
Exports of goods in October 2019 amounted to 32.3 million euros, while imports amounted to 315.1 million euros, which is a decrease by (-15.6%) for exports, while an increase by 2.0% for imports compared to the same period in 2018.
According to the data of the main groups for export: 31.2% of exports are base metals and articles thereof; 15.9% are made of plastics, rubber and articles thereof; 11.2% are prepared foodstuffs, beverages and tobacco; 7.5% are plant products; 6.1% are machinery, mechanical and electrical equipment; 5.5% make up the various manufactured articles; 4.6% are textiles and articles thereof.
Whereas, according to the data of the main groups for imports: 15.0% are mineral products; 13.0% are machinery, mechanical and electrical equipment; 11.0% are base metals and articles thereof; 10.4% are prepared foodstuffs, beverages and tobacco; 9.0% are means of transport; 7.1% are products of the chemical industry; 6.3% are made of plastics, rubber and articles thereof.
Kosovo's exports to EU countries (28) amounted to 13.2 million euros, or about 41.1% of total exports, an increase by 29.0%. The main partners for export of goods to the EU are Italy (12.8%), Germany (9.6%), the Netherlands (5.4%), the UK (1.7%) and others.
Kosovo's imports from EU countries (28) were about 160.3 million euros, or 50.9% of total imports, with an increase of 28.9%. The highest share of imports was from Germany (13.0%), Italy (10.6%), Greece (3.7%), Bulgaria (3.6%), Slovenia (3.1%), etc.
In October 2019, Kosovo's exports to CEFTA countries amounted to 14.3 million euros, or 44.4% of total exports, with a decrease by (-10.4%). The main export partners from CEFTA countries were Albania (18.9%), Macedonia (12.0%), Serbia (7.5%), and Montenegro (4.2%).
Kosovo’s imports from CEFTA countries in October 2019 amounted to 45.0 million euros, or 14.3% of total imports, with a decrease by (-47.8%). The countries with the highest share of imports were: Macedonia (6.9%), Albania (6.3%), and Serbia (0.1%).
Kosovo's exports to other countries of the world amounted to 4.6 million euros, or 14.5%. The most important export partners from these countries are Switzerland: 7.9% and Turkey (3.1%).
Kosovo's imports with other countries of the world amounted to 109.7 million euros, or 34.8%. The countries with the highest share of imports for this group were Turkey (12.5%) and China (10.0%).