Serbia gets taxed more every day

Serbia gets taxed more every day

It has been about six months since the Kosovo government imposed a 100 per cent tax on imports from Serbia and Bosnia and Herzegovina. For its effects on both economic and political plans, there are different opinions and assessments. Some view them as positive and others negative. The greatest effects of [...]

The largest tax effects of 100 percent are related to the economic aspect.

Serbia, which was the largest exporter of products in Kosovo before the tax was imposed, has fallen as an exporter of goods to only 4m euros for the same period during 2017, this state exported over 200m euros to Kosovo.

Kosovo Customs spokesman Adriatic Stavileci tells Radio Free Europe that there are reduced exports of products from Serbia to Kosovo by 98.2 per cent.

A sharp drop in imports with Serbian and Bosnian origin has generally been noted. If the January period of April 2018 is taken and compared to the same period this year, it is noted that Serbia has had about 134m euros of imports, until in 2019 we have 2.4m euros import that we have a 132 million reduction of”, Stavileci says.

Products coming from Serbia, according to Kosovo Customs data, Stevilec stressed that Stavileci was replaced in a short time by other countries.

“Based on customs statistics, Turkey has an increase in imports in Kosovo by 31 per cent compared to last year, as well as products from Germany have a 24 per cent increase, then there are products from Macedonia by 53 per cent, Albania has the most benefit of this, with about 60 per cent growth, as well as increased imports from Slovakia, Italy, Croatia”, says Stavileci.

 

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