Kosovo Balance of Trade  2003-2018 | Data | Chart | Calendar | Forecast

The trade gap in Kosovo widened to EUR 277.8 million in May of 2018 from EUR 245.7 million in the corresponding month of the previous year. It was the largest trade gap for a May month since series began in 2003. Imports surged 11.3% to EUR 310.6 million, as purchases rose for manufactured goods (+16.9%); machinery & transport (+21.6%); food & live animals (+0.67%) and mineral fuels, lubricants & related (+21.3%). Among major trading partners, arrivals increased mostly from Germany (+17.9%); Serbia (+2.9%); Turkey (+4.6%) and China (+4.3%). Additionally, exports decreased 2.1% to EUR 32.8 million, mainly due to lower sales of manufactured goods (-43.3%). On the other hand, shipments increased for crude materials (+4.8%) and mineral fuels, lubricants & related (+34.6%). Exports fell mainly to Macedonia (-10.3%) and Austria (-99.1%) while sales increased to Albania (+0.55%) and Serbia (+8.1%). Balance of Trade in Kosovo averaged -153246.91 EUR Thousand from 2003 until 2018, reaching an all time high of -46937 EUR Thousand in January of 2003 and a record low of -277818 EUR Thousand in May of 2018.

Kosovo Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-24 12:15 PM Balance of Trade €-228.9M €-182.8M €-238M
2018-05-24 01:50 PM Balance of Trade €-244.7M €-228.9M €-214M
2018-06-22 12:15 PM Balance of Trade €-277.8M €-244.7M €-212M
2018-07-24 10:00 AM Balance of Trade €-277.8M € -217.2M
2018-08-24 10:10 AM Balance of Trade
2018-09-24 12:15 PM Balance of Trade


Kosovo Trade Last Previous Highest Lowest Unit
Balance of Trade -277818.00 -244786.00 -46937.00 -277818.00 EUR Thousand [+]
Exports 32808.00 25535.00 38367.00 1562.00 EUR Thousand [+]
Imports 310625.00 270321.00 310625.00 48559.00 EUR Thousand [+]
Current Account -94.10 -92.70 176.70 -460.90 EUR Million [+]
Current Account to GDP -10.30 -9.10 -3.40 -24.33 percent [+]
Capital Flows -47.00 -54.00 101.40 -278.00 EUR Million [+]
Remittances 64.30 62.20 608.70 41.60 EUR Million [+]
Terrorism Index 2.55 2.21 2.90 1.74 [+]
Foreign Direct Investment 23.10 1.70 440.70 -19.10 EUR Million [+]
External Debt 1998.30 2091.60 2107.80 520.64 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Kosovo Balance of Trade

Kosovo has reported increasingly large trade deficits (57 percent of GDP in 2007) due to having a very weak export base. Kosovo predominantly exports metals (47 percent of total exports) and mineral products (30 percent of total exports). Kosovo’s main imports are mineral products, appliances and electric materials, prepared food, beverages and tobacco. Kosovo’s main trading partners are Macedonia, Germany, Italy, Serbia, China and Turkey. . This page provides - Kosovo Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kosovo Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-277818.00 -244786.00 -46937.00 -277818.00 2003 - 2018 EUR Thousand Monthly




balance of trade by Country
Country Last
Australia 827.00 May/18
Brazil 5881.58 Jun/18
Canada -2771.20 May/18
China 416.13 Jun/18
Euro Area 16514.10 May/18
France -6005.00 May/18
Germany 19669.00 May/18
India -16600.00 Jun/18
Indonesia 1742.60 Jun/18
Italy 3377.54 May/18
Japan 721.41 Jun/18
Mexico -1587.00 May/18
Netherlands 5030.00 May/18
Russia 15151.00 May/18
South Korea 6331.21 Jun/18
Spain -2153628.00 May/18
Switzerland 1309.00 Jun/18
Turkey -7759.34 May/18
United Kingdom -2790.00 May/18
United States -43053.00 May/18


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