Kosovo recorded a trade deficit of 259944 EUR Thousand in November of 2020. source: Kosovo Agency of Statistics

Balance of Trade in Kosovo averaged -166749.73 EUR Thousand from 2003 until 2020, reaching an all time high of -46937 EUR Thousand in January of 2003 and a record low of -308350 EUR Thousand in December of 2019. This page provides - Kosovo Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kosovo Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Balance of Trade in Kosovo is expected to be -266600.00 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 -266600.00 in 12 months time. In the long-term, the Kosovo Balance of Trade is projected to trend around -266600.00 EUR Thousand in 2021, according to our econometric models.

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Kosovo Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-259944.00 -267052.00 -46937.00 -308350.00 2003 - 2020 EUR Thousand Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-09-23 01:35 PM Aug €-229M €-264M
2020-10-23 01:30 PM Sep €-245.5M €-229M € -267.8M
2020-11-20 01:30 PM Oct €-267M €-245.5M
2020-12-23 01:15 PM Nov €-260M €-267M
2021-01-25 01:35 PM Dec €-260M
2021-02-26 01:30 PM Jan
2021-03-23 01:30 PM Feb
2021-04-23 12:30 PM Mar

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. .