Exports from Kosovo went down 2.9 percent year-on-year to EUR 31.9 million in May 2019, dragged down by lower sales of crude materials (-23 percent) while increases were recorded in shipments of manufactured goods (47.9 percent). Among major trading partners, shipments declined to Macedonia (-3.2 percent) and Serbia (-34 percent) while those rose to Albania (20.2 percent). Exports in Kosovo averaged 19410.55 EUR Thousand from 2003 until 2019, reaching an all time high of 38367 EUR Thousand in July of 2017 and a record low of 1562 EUR Thousand in February of 2003.
Exports in Kosovo is expected to be 42400.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Kosovo to stand at 32400.00 in 12 months time. In the long-term, the Kosovo Exports is projected to trend around 34900.00 EUR Thousand in 2020, according to our econometric models.