Kosovo Export Data

Kosovo's Import/Export Snapshot and Market Analysis for 2023

Imports & Exports

• Top Trade Partners: Kosovo's major trade partners include Germany, Italy, Turkey, and Albania, with whom it maintains significant commercial ties.

• Top 5 Imports: Machinery, vehicles, pharmaceuticals, electrical equipment, and mineral fuels. These account for a substantial portion of Kosovo's total imports, reflecting the country's needs for industrial inputs and consumer goods.

• Top 5 Exports: Mineral products, base metals, miscellaneous manufactured goods, agricultural products, and live animals. Exports are dominated by primary products and some manufactured goods, highlighting Kosovo's agricultural and mineral resources.

• Trade Balance: Kosovo experiences a trade deficit, importing more than it exports. Efforts are underway to increase the competitiveness of local industries and diversify exports.

• Trade Policy Overview: Kosovo adheres to international trade norms, with policies aimed at attracting foreign investment, improving export capabilities, and fostering regional trade agreements.

Market Conditions

• Consumer Spending: Consumer spending in Kosovo is influenced by income levels and the cost of living. With a growing middle class, there's an increase in demand for quality goods and services.

• Inflation & Interest Rates: Moderate inflation rates are observed, alongside stable interest rates set by the central bank to encourage economic stability and growth.

• Supply Chain Dynamics: Supply chains are adapting to global disruptions, with a focus on enhancing local production and reducing dependency on volatile international markets.

• Industry Performance: Key industries such as agriculture, mining, and manufacturing show resilience. The ICT sector is also growing, driven by investments in technology and innovation.

Overall Outlook

Kosovo's economy is on a steady path of development, with efforts to strengthen its export base and domestic market. Opportunities exist in diversifying the economy and leveraging its strategic location for regional trade.