Kosovo Trade Gap Widens in May

2026-06-24 10:25 By Jereli Escobar 1 min. read

Kosovo recorded a trade deficit of EUR 544.4 million in May 2026, widening from EUR 523.4 million in the corresponding month a year earlier.

Imports increased 5.6% year-on-year to EUR 638.6 million, supported by stronger purchases of mineral products (15.2%), food, beverages, and tobacco (12.6%), machinery, mechanical and electrical equipment (12.0%), and base metals and related articles (10.8%).

Germany (13.1%), Italy (8.8%), and Poland (4.1%) were the country's main import partners.

Meanwhile, exports rose 15.7% to EUR 94.1 million, driven by higher shipments of base metals and articles (27.5%), plastics, rubber and related products (11.1%), food, beverages, and tobacco (10.7%), and miscellaneous manufactured goods (8.9%).

Exports expanded to Germany (9.9%), Italy (4.9%), and the Netherlands (2.7%).

In the first five months of 2026, Kosovo's trade deficit rose to EUR 2,514.2 million, compared with EUR 2,416.9 million in the same period a year earlier.



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Kosovo Trade Gap Widens in May
Kosovo recorded a trade deficit of EUR 544.4 million in May 2026, widening from EUR 523.4 million in the corresponding month a year earlier. Imports increased 5.6% year-on-year to EUR 638.6 million, supported by stronger purchases of mineral products (15.2%), food, beverages, and tobacco (12.6%), machinery, mechanical and electrical equipment (12.0%), and base metals and related articles (10.8%). Germany (13.1%), Italy (8.8%), and Poland (4.1%) were the country's main import partners. Meanwhile, exports rose 15.7% to EUR 94.1 million, driven by higher shipments of base metals and articles (27.5%), plastics, rubber and related products (11.1%), food, beverages, and tobacco (10.7%), and miscellaneous manufactured goods (8.9%). Exports expanded to Germany (9.9%), Italy (4.9%), and the Netherlands (2.7%). In the first five months of 2026, Kosovo's trade deficit rose to EUR 2,514.2 million, compared with EUR 2,416.9 million in the same period a year earlier.
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Kosovo Trade Gap at 9-Month High
Kosovo’s trade deficit widened sharply to EUR 576.4 million from EUR 492.3 million in the same month a year earlier. This marked the largest trade gap since July 2025, as imports advanced 19.2% year-on-year to EUR 674.8 million, lifted by higher purchases of organic chemicals (59%), pharmaceutical products (50.3%), and plastic and plastic products (28.1%). Kosovo’s main import partners were Germany (17.5%), Albania (16%), and Poland (59.9%). Meanwhile, exports jumped 33.3% to EUR 98.4 million, lifted by increased shipments of ceramic products (22.2%), iron and steel products (193.6%), and plastic and plastic products (21%). Export growth was mainly driven by key markets including Italy (126.6%), Switzerland (54%), and Macedonia (48%).
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Kosovo recorded a trade deficit of EUR 563.5 million in March 2026, widening from EUR 535.7 million in the same month a year earlier. Exports increased 18.2% year-on-year to EUR 88.4 million, supported by higher shipments of base metals (26.2%), plastics, rubber and related products (12.4%), food, beverages and tobacco (11.1%), and manufactured articles (8.3%). Export growth was mainly driven by key markets including Germany (10%), Italy (3.8%), and the Netherlands (2.9%). Meanwhile, imports rose 6.8% to EUR 651.8 million, driven by higher purchases of mineral products (14.5%), machinery and electrical equipment (14.3%), and food, beverages and tobacco (10.6%). The main import partners were Germany (13.5%), Italy (4.5%), and Poland (3.4%).
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