Kosovo Balance of Trade  2003-2017 | Data | Chart | Calendar | Forecast

The trade gap in Kosovo increased to EUR 265 million in August 2017 from EUR 249 million in the same month a year earlier. It is the highest shortfall since at least 2003. Imports went up 10 percent to EUR 297 million, also the highest since at least 2003, led by purchases of manufactured goods (22.4 percent); machinery and transport equipment (17 percent); food and live animals (17.2 percent) and mineral fuels, lubricants and related materials (12.7 percent). Imports increased mostly from Germany (11.1 percent), Italy (7.1 percent), Serbia (15.3 percent) and China (9.5 percent). Exports went up 52 percent to EUR 32.5 million, mainly driven by a rise in sales of manufactured goods (30.7 percent); crude materials (25.6 percent) and food and live animals (11.4 percent). Sales increased mostly to: Germany (5.3 percent), Great Britain (3.8 percent), Albania (17.2 percent), Macedonia (13.2 percent) and India (15.7 percent). Balance of Trade in Kosovo averaged -149404.70 EUR Thousand from 2003 until 2017, reaching an all time high of -46937 EUR Thousand in January of 2003 and a record low of -264710 EUR Thousand in August of 2017.

Kosovo Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-07-28 10:00 AM Balance of Trade €-217.5M €-245.8M €-226M
2017-08-28 10:10 AM Balance of Trade €-237M €-217.5M €-232M
2017-09-25 12:15 PM Balance of Trade €-265M €-237M €-256M
2017-10-25 10:00 AM Balance of Trade €-265M €-220M
2017-11-24 10:00 AM Balance of Trade
2017-12-25 10:00 AM Balance of Trade


Kosovo Trade Last Previous Highest Lowest Unit
Balance of Trade -264710.00 -236966.00 -46937.00 -264710.00 EUR Thousand [+]
Exports 32592.00 38367.00 38367.00 1562.00 EUR Thousand [+]
Imports 297303.00 275333.00 297303.00 48559.00 EUR Thousand [+]
Current Account 77.50 -51.30 109.50 -460.90 EUR Million [+]
Current Account to GDP -10.30 -9.10 -3.40 -24.33 percent [+]
Capital Flows 45.10 -57.10 112.90 -278.00 EUR Million [+]
Remittances 60.00 71.10 608.70 41.60 EUR Million [+]
Terrorism Index 2.21 2.56 2.90 1.74 [+]
Foreign Direct Investment 24.70 33.40 440.70 -19.10 EUR Million [+]
External Debt 2045.00 2014.22 2045.00 520.64 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-264710.00 -236966.00 -46937.00 -264710.00 2003 - 2017 EUR Thousand Monthly




balance of trade by Country

Last
Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 284.67 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 670.17 Sep/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -3226685.00 Aug/17
Switzerland 2917.62 Sep/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17