August broke record in last three years for import of goods from Serbia

August broke record in last three years for import of goods from Serbia

A lasting peace between Kosovo and Serbia is still far away. But Kosovo continues to be a highly favourable environment for Serbia with doing business, writes Periscopi. Market in Kosovo month-on-month is being hit with goods from the northern neighbouring state, even though only a few weeks ago Prime Minister Kurti had declared [...]

The market in Kosovo from month to month is running out of goods to the northern neighbouring state, even though only a few weeks ago Prime Minister Kurti had declared that we are threatened with war by Serbia.

This is borne out by the annual value of import per month.

Last August was the month when goods have been introduced in Kosovo mostly from Serbia in the last three years.

According to Kosovo Customs data he has seen Periscope, it is seen that goods from the northern state have entered last month at a value of 31.7m euros, leaving behind July, which marked a value of 30.1m euros. So, as it turns out on the board is the highest month in this year. Last year, Serbia's top import was in October, worth 26.5m euros. In 2020, the highest was in October at a value of 20.9m euros, in 2019 the largest import has been worth only 647,777.39 euros.

So, after a sharp decline in 2019, when Kosovo implemented reciprocity with Serbia that almost brought the deadlock of imports into the January-June 2021 period, the northern neighbour also found the ground under Albin Kurti's government, and moved back to the first place from the CEFTA region, which includes Albania, Kosovo, Montenegro, Northern Macedonia, Bosnia and Herzegovina.

According to Kosovo Customs data, import in Serbia from 1 January to 31 December 2021 has been 243m and 466 thousand euros. Albania has been slightly lower in numbers, worth 238m and 600 thousand euros. Goods purchases from northern Macedonia 176m and 448m euros.

In other years, Serbia similarly occupied the Kosovo market with its goods. It exported 285 million and 300 thousand euros in 2014, 368 million and 200 thousand in 2015, 382 million and 100 thousand in 2016, and 387 million in that 2017.

“Serbia sent and Kosovo received products worth no less than 449m and 900 thousand euros from there, mostly from 2008.

The economic conquest Serbia was making to Kosovo's market for a decade (2008-18), the momentum halted the 10% tax first, and then 100% that the Government of Kosovo, then led by Ramush Haradinaj, placed the products of Serbian and Bosnian origin at the weekend of 2018. The total amount of its remittances from 449m to 900 thousand euros as it was in 2018 fell to only 5 million and 578 thousand euros in that 2019.

The tax lasted nearly a year and a half until 31 March 2020. On that date, he removed and replaced the new prime minister, Albin Kurti, with reciprocity. This presented him with much trouble during his first term. On the one hand, reciprocity was being accepted by Serbia, which conditioned the resumption of dialogue with Kosovo with the removal of this move.

Foreign diplomatic pressure made it its own. The LDK, which was in a coalition with the VV, broke the deal and created a new government with the AAK and NISMA.

Among the first actions the new ruler took at the time, Avdullah Hoti, was the removal of reciprocity with Serbia in June 2020. The northern neighbour, during 2020, sent products worth 190,98,000 euros. /Periscopi/

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