Kosovo with trade deficit - 2.9% compared to last year

However, this is also growing year after year.

If the May 2023 month is compared to 2024, Kosovo has a deficit of -2.9%.

From the minus 1m of 860 thousand euros in May 2023, amounted to minus 2 million 15 thousand in 2024.

This, according to economist Mustaf Kadrijaj, is happening as a result of government policies, as they try to fill the state ark through customs.

Kosovo's <x0 think-tanks and governments have repeatedly chosen to fill the state ark that occurs through customs, when speaking in all, is damage to local production and muffling local production”, said Mustafe Kadrijaj, university professor.

Kosovo has its largest import of 27 EU nations by a percentage of 45%.

And that the main partner among them remains Germany at 14%.

Of the CEFTAS countries it is best Albania stands with imports.

The largest decline, however, has been Serbia since May 2023, with 5.3% to 2024, has dropped to only 1.5% of Kosovo's import for May.

In all these figures, however, economist Uran Radoniqi sees something positive.

If we compare the two months of those two years we see that Kosovo does not fare well with exports, but since the trade deficit is very large, but the priority of this report is that exports to the European Union has grown to about 30%, which is 4% more than May of last year, Radoniki Bridge, economist.

Even in exports Albania ranks first, representing 18% of Kosovo's state export, followed by Northern Macedonia with 16.1%

CEFTA countries make up 46.4% of total exports.

Continued by 27 European countries, where Germany led 11%. /Adugjini