Trade Deficit in the Republic of Kosovo and Albania, exports and imports by country 2005-2013

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Open Data Albania has conducted a research related to exports and imports by countries and the balance of trade in the years 2005-2013 in the Republic of Kosovo. The Balance of Trade measures the difference between the value of exports and imports of an economy. Exports represent the value of all goods and services sold abroad, while imports represent the value of all goods purchased or services performed by other countries. The data used in the survey were obtained from the Kosovo Agency of Statistics and Albanian Institute of Statistics (INSTAT).

In the 2005-2013 time frame the best year in terms of the trade deficit seems to be year 2005 when Kosovo marks a trade deficit of 1.1 billion euros and Albania marks a value of 1.6 billion euros. In the years to come this deficit has widened further in the case of Kosovo until year 2012, reflecting the problems of the domestic economy. Later it was recorded a slight contraction in 2013, which consisted more in lower imports, because of the non-growing consume, than in higher exports.


Source: Kosovo Agency of Statistics, Institute of Statistics (INSTAT)        
Comments and analysis: ODA     
  

In 2005 exports of Kosovo were dominated by Macedonia, Serbia and Germany, while Albanian exports were dominated by Italy, Greece and Kosovo. In 2013 this ratio has changed in favor of Italy, Albania, and Macedonia with regard to Kosovo exports and in favor of Italy, Spain and Malta with regard to Albanian exports. The state of Kosovo has exported in 2013 a value of 74 million euros to Italy, 44 million euros to Albania and 26 million euros to Macedonia.

Exports of the Republic of Kosovo by country 2005-2013




Source: Kosovo Agency of Statistics, Institute of Statistics (INSTAT)        
Comments and analysis: ODA


For imports of Kosovo situation in 2005 is presented in favor of Macedonia, Serbia and Germany, to move to Serbia, Germany and Italy in year 2013. In 2013 Albania imported mainly from Italy, Greece and China.

Imports of the Republic of Kosovo by country 2005-2013





Source: Kosovo Agency of Statistics, Institute of Statistics (INSTAT)
Comments and analysis: ODA

The Republic of Kosovo in 2013 imported 285 million euros from Serbia, 253 million euros from Germany and 229 million euros and Italy. In total the imports of this year mark the value of 2.4 billion euros.



Source: Kosovo Agency of Statistics, Institute of Statistics (INSTAT)
Comments and analysis: ODA



Source: Kosovo Agency of Statistics, Institute of Statistics (INSTAT)
Comments and analysis: ODA




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    Contributer: Griselda Rruci
    Translated by: Viola Qefalia
    Edited by: ODA