6 hours agoA SC: Trade deficit of 21.5 percent in May 2025 compared to May 2024
Periskopi(a year ago)
(a year ago)Kosovo Statistics Agency (ASK) has published data concerning export and import flows for foreign trade goods in Kosovo for May 2025. According to the report, data from foreign goods trade in Kosovo reportedly points to a trade deficit of 21.5 per cent in May [...]
According to the report, data from foreign goods trade in Kosovo reportedly points to a trade deficit of 21.5 per cent in May 2025, in proportion to the same period in 2024, worth 523.4m euros, compared to the deficit of 430.6m euros in 2024.
Exports reportedly cover import by 13.5 percent.
“Export of goods in May 2025 was worth 81.4 million euros, while import 604.7 million euros, which is a drop of (-0.5 per cent) for export, as well as a 17.1 per cent increase in imports, compared to the same period in 20240), the ASS report said.
“According to data from major export groups 24.4 percent make up basic metals and articles; 14.7 percent make up plastics, tires, and articles; 13.1 percent make up prepared foods; 9.9 percent make up various products produced; drink and tobacco; 8.2 percent make up textiles and text articles, etc.
And according to key import groups' data report, 13.0 percent make machinery, mechanical and electrical equipment; 12.6 percent make up transportation; 12.3 percent make up prepared foods, drinks and tobacco; 11.0 percent make up basic metals and articles; 99% make up minerals; etc.
Meanwhile, Kosovo exports to EU countries reached 29.0m euros, or about 35.6 percent of total exports, with an increase of 2.3 percent. “The main buyers for EU export of goods were: Germany (12.5 percent), Italy (3.5 percent), the Netherlands (3.1 percent), etc.
And as for Kosovo's import from EU countries, there were about 265.1m euros, or 43.8 percent of total imports, with an increase of 13.0 per cent.
“Imports with high turnout were from: Germany (14.6 percent), Italy (5.1 percent), Poland (5.1 percent), etc.
Also, the AKS has announced that Kosovo's exports with CEFTA countries reached 34.5m euros, or 42.5 per cent of total exports, with a drop of (-13.0 per cent).
The top options for export from CEFTA countries were: Northern Macedonia (14.8 percent), Albania (13.6 percent), Montenegro (6.5 percent), Serbia (6.1 percent).
Imports from CEFTA countries reached 69.6m euros, or 11.5 percent of total imports, with a 3.3 per cent increase. The countries with the highest share in import was: Northern Macedonia (3.7%), Serbia (3.4 percent), Albania (3.3 percent)”.
While Kosovo's exports with other countries reached 17.9 million euros, or 21.9 percent.
“As the most important partners from these countries for export were: Switzerland (11.3 percent) and Turkey (4.1 percent). Kosovo's imports with other countries of the world amounted to 270 million Euro, or 44.6 percent. The countries with the highest share in import in this group were: Turkey (14.4 percent) and China (12.1 percent). Periscope
