Trade Trend

In 2023, Kosovo's total export value is 932.97Million USD, total import value is 6.40Billion USD, Deficit is -5.46Billion USD, and foreign trade dependency is 0.702. In 2023，Kosovo's top export products are Mattress supports; articles of bedding (e.g. mattresses, quilts, eiderdowns, cushions pouffes and pillows), fitted with springs or stuffed, whether or not covered(108.53Million USD), Plastics; builders wares n.e.c. or included(58.73Million USD), Iron or steel (excluding cast iron); tubes, pipes and hollow profiles (not seamless), n.e.c. in chapter 73(41.40Million USD), top export destinations are The Republic of North Macedonia(131.46Million USD), Albania(124.25Million USD), United States(114.93Million USD). In 2023, Kosovo's top import products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(636.93Million USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(493.33Million USD), Iron or nonalloy steel; bars and rods, not further worked than forged, hotrolled, hot drawn or hotextruded, but including those twisted after rolling(158.70Million USD), top import origins are Turkey(948.50Million USD), Germany(818.56Million USD), China(701.49Million USD).

Comparing to 2022, Kosovo's total export value decreased -34.86Million USD(-3.60%) in 2023, this could result from its export decreases of products such as Electrical energy(-43.97Million USD or -67.01%), Mattress supports; articles of bedding (e.g. mattresses, quilts, eiderdowns, cushions pouffes and pillows), fitted with springs or stuffed, whether or not covered(-35.12Million USD or -24.45%), Ferrous waste and scrap; remelting scrap ingots of iron or steel(-10.17Million USD or -23.48%) and export decreases to countries/economics such as United States(-30.52Million USD or -20.99%), Slovenia(-26.76Million USD or -87.65%), Serbia(-12.30Million USD or -18.65%). Comparing to 2022, Kosovo's total import value increased 470.92Million USD(7.95%) in 2023, this could result from its import increases of products such as Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(177.95Million USD or 56.43%), Military weapons; other than revolvers, pistols and arms of heading no. 9307(96.24Million USD or 1.92Thousands%), Portland cement, aluminous cement (ciment fondu), slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers(19.96Million USD or 31.09%), and its import increases from countries/economies such as India(268.45Million USD or 551.25%), Germany(176.88Million USD or 27.57%), China(125.63Million USD or 21.82%).

Cumulated to first 6 months of 2024, Kosovo's total export value is 282.78Million USD, total import value is 1.70Billion USD, and tradedeficit is -1.41Billion USD. Cumulated to first 6 months of 2024, Kosovo's top export products are Mattress supports; articles of bedding (e.g. mattresses, quilts, eiderdowns, cushions pouffes and pillows), fitted with springs or stuffed, whether or not covered(21.41Million USD), Plastics; builders wares n.e.c. or included(19.27Million USD), Furniture and parts thereof, n.e.c. in chapter 94(14.83Million USD), and top export destinations are Switzerland(36.49Million USD), Germany(34.59Million USD), The Republic of North Macedonia(33.62Million USD). Cumulated to first 6 months of 2024, Kosovo's top import products are Mattress supports; articles of bedding (e.g. mattresses, quilts, eiderdowns, cushions pouffes and pillows), fitted with springs or stuffed, whether or not covered(21.41Million USD), Plastics; builders wares n.e.c. or included(19.27Million USD), Furniture and parts thereof, n.e.c. in chapter 94(14.83Million USD), and top import origins areGermany(248.90Million USD), Turkey(242.39Million USD), China(147.45Million USD).