Kosovo recorded a trade deficit of 320381 EUR Thousand in June of 2021. source: Kosovo Agency of Statistics

Balance of Trade in Kosovo averaged -170629.58 EUR Thousand from 2003 until 2021, reaching an all time high of -46937 EUR Thousand in January of 2003 and a record low of -323433 EUR Thousand in April of 2021. 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 July 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 2022, according to our econometric models.

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Kosovo Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-320381.00 -308222.00 -46937.00 -323433.00 2003 - 2021 EUR Thousand Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-04-22 12:30 PM Mar €-321M €-253M €-230M
2021-05-24 12:30 PM Apr €-323M €-321M
2021-06-24 10:50 AM May €-308M €-323M
2021-07-23 01:30 PM Jun €-320M €-308M
2021-08-20 02:45 PM Jul €-320M
2021-09-23 01:35 PM Aug
2021-10-22 01:30 PM Sep € -266.6M
2021-11-19 01:30 PM Oct

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. .