Kosovo continues to empower Serbia's economy, purchase of Serbian products increases

Kosovo continues to empower Serbia's economy, purchase of Serbian products increases

Kosovo continues to empower Serbia's economy, importing various products and goods. During this year's January-June period, Kosovo has broken the record import by 211m and 532m euros, or about 9m euros more than during the same period in 2017. Meanwhile, for this six-month-old, Kosovo exported to [...]

During this year's January-June period, Kosovo has broken the record import by 211m and 532m euros, or about 9m euros more than during the same period in 2017.

For this six-month-old, meanwhile, Kosovo exported only 15m euros to Serbia, or over 5m euros less than the same period in 2017.

Germany takes second place, from which Kosovo imported products worth over 190m euros.

Kosovo has imported about 82m euros from Albania, ranking in 6th, from which we most buy goods.

Economy professor Berim Ramosaj blames Kosovo institutions for not changing state economic policies.

He says there are a range of reasons for this negative economic trend.

Ramosaj requires creating better conditions for foreign investors to enable local economy strengthening.

In all, over the past 10 years the value of products imported from Serbia to Kosovo totals about 3 billion euros.

According to the Kosovo Statistics Agency, the trade deficit increased 13 per cent more in May this year, as opposed to the same month last year.

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