Kosovo trade deficit increased to EUR 259.6 million in March of 2019 from EUR 228.9 million in the corresponding month of the previous year. Exports went up 11.8 percent to EUR 29.5 million, boosted by higher sales of base metals (43.4 percent) and plastics & rubber (15.3 percent). Among major trading partners, shipments increased to Albania (1.6 percent), Macedonia (5.9 percent) and Germany (25.6 percent). Imports rose 13.2 percent to EUR 289.1 million, due to higher purchases of mineral products (18.5 percent) and prepared foodstuffs, beverages & tobacco (9.5 percent). Imports advanced from Germany (30.5 percent), Turkey (55.7 percent) and China (20.3 percent). Balance of Trade in Kosovo averaged -158219.36 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 -216500.00 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
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 10:15 AM Balance of Trade €-260M €-209M €-231.6M
2019-05-24 11:00 AM Balance of Trade €-260M €-273M
2019-06-21 11:00 AM Balance of Trade
2019-07-24 11:00 AM Balance of Trade


Kosovo Trade Last Previous Highest Lowest Unit
Balance of Trade -259619.00 -208662.00 -46937.00 -280285.00 EUR Thousand [+]
Current Account -71.00 -88.40 174.00 -460.90 EUR Million [+]
Current Account to GDP -8.30 -6.10 -3.40 -24.33 percent [+]
Imports 289192.00 232713.00 310625.00 48559.00 EUR Thousand [+]
Exports 29572.00 24050.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-259619.00 -208662.00 -46937.00 -280285.00 2003 - 2019 EUR Thousand Monthly




Country Last Previous
Argentina 1183.00 Mar/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.39 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1429.00 Mar/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2352600.00 Mar/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19


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