Kosovo trade deficit increased to EUR 209 million in February of 2019 from EUR 183 million in the corresponding month of the previous year. Imports rose 13.4 percent to EUR 233 million, boosted by higher purchases of mineral products (20.8 percent) and machinery, appliances & electric materials (4.5 percent). Among major trading partners, imports advanced from Germany (13.7 percent) and Turkey (28.8 percent). Meanwhile, exports went up 7.4 percent to EUR 24 million, as sales of plastics, rubber & articles thereof rose 26.7 percent. Shipments increased to Albania (28.4 percent) and Macedonia (6.7 percent) but fell to Switzerland (-12.8 percent). Balance of Trade in Kosovo averaged -157696.68 EUR Thousand from 2003 until 2019, reaching an all time high of -46937 EUR Thousand in January of 2003 and a record low of -280285 EUR Thousand in July of 2018.

Balance of Trade in Kosovo is expected to be -231600.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Kosovo to stand at -267800.00 in 12 months time. In the long-term, the Kosovo Balance of Trade is projected to trend around -266600.00 EUR Thousand in 2020, according to our econometric models.

Kosovo Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-24 01:00 PM Balance of Trade €-240.2M €-270.6M €-239M
2019-01-24 12:00 PM Balance of Trade €-273.5M €-240.2M €-282M
2019-02-27 12:00 PM Balance of Trade €-167M €-273.5M €-185M
2019-03-22 01:00 PM Balance of Trade €-209M €-167M €-193M
2019-04-24 11:00 AM Balance of Trade €-209M €-231.6M
2019-05-24 11:00 AM Balance of Trade
2019-06-21 11:00 AM Balance of Trade


Kosovo Trade Last Previous Highest Lowest Unit
Balance of Trade -208662.00 -166959.00 -46937.00 -280285.00 EUR Thousand [+]
Current Account -71.00 -88.40 174.00 -460.90 EUR Million [+]
Current Account to GDP -6.10 -8.20 -3.40 -24.33 percent [+]
Imports 232713.00 190439.00 310625.00 48559.00 EUR Thousand [+]
Exports 24050.00 23480.00 38367.00 1562.00 EUR Thousand [+]
Capital Flows -76.20 -48.30 108.00 -278.00 EUR Million [+]
Remittances 69.10 68.80 608.70 41.60 EUR Million [+]
Terrorism Index 2.69 2.55 2.90 1.74 [+]
Foreign Direct Investment 12.80 22.20 440.70 -19.10 EUR Million [+]
External Debt 2011.80 2089.48 2113.80 520.64 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-208662.00 -166959.00 -46937.00 -280285.00 2003 - 2019 EUR Thousand Monthly




Country Last Previous
Argentina 460.00 Feb/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.47 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -4483276.00 Jan/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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