In July, Kosovo exported over 40m euros of goods

In July, Kosovo exported over 40m euros of goods

The data from Kosovo's Foreign Trade and Goods points to a 5.3% higher trade deficit in July 2019, in proportion to the same period in 2018, worth 296.3 million Euros, compared to the deficit of 281.4m euros in 2018. Export covers import by 12.0%. [...]

Kosovo's Statistics Agency reports that the export of goods in July 2019 was worth 40.4m euros, while import was worth 336.8m euros, which is an increase of 40.5% per export, and an 8.6% increase for import, compared to the same period in 2018.

According to key export groups data: 37.3% of exports make up basic metals and articles; 10.9% make up prepared foods, drinks and tobacco; 10.6% make up plastics, tires and items from them; 8.6% make up plant products; 7.3% make up mineral products; 3.3% make up different products produced; 3.0% make up machinery, mechanical equipment and electricity, etc.

And according to key import groups data, it makes up 15.1% of mineral products; 13.0% machinery, mechanical and electrical equipment; 12.9% prepared foods, drinks and tobacco; 9.5% basic metals and items from them; 9.0% transport vehicles; 6.8% chemical industry products; 5.9% plastics, tires and articles from them; etc.

Kosovo exports to EU countries reached 13.0m euros, or about 32.2% of total exports, with an increase of 69.2%. Key partners for export of goods to the EU are: Austria (8.9%), Germany (6.5%), the Netherlands (4.0%), Great Britain (2.0%), etc.

Kosovo's exports from EU countries stood at around 163.1m euros, or 48.4% of total imports, with an increase of 28.4%. Imports with high turnout were from: Germany (12.5%), Italy (7.4%), Greece (4.6%), Bulgaria (3.6%), Poland (3.1%), Slovenia (3.1%), etc.

In July 2019, Kosovo's exports with CEFTA countries reached 16.6m euros, or 41.3% of total exports, with an increase of 4.1%. Key export partners from CEFTA countries are: Albania (16.7%), Macedonia (10.8%), Montenegro (6.4%) and Serbia (6.0%).

While, reports from CEFTA countries in July 2019 reached 49.2m euros, or 14.6% of total imports, with a drop of (40.5%). The countries with the highest share in import was: Albania (6.8%), Macedonia (6.8%) and Serbia (0.7%).

Kosovo exports with other countries of the world reached 10.7m euros, or 26.6%. As more important partners from these export countries, it's worth mentioning: India (18.2%) and Switzerland (5.0%).

While, Kosovo's imports with other countries of the world reached 124.4m euros, or 36.9%. The countries with the highest share in import in this group were:

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