Kosovo

Kosovo ranked No. 179 in total trade value through June with a total of $24.66 million. Exports totaled $23.41 million and Imports totaled $1.25 million, a surplus of $22.15 million.

U.S. trade with Kosovo rose to $24.66 million through June

Kosovo’s trade with the United States rose to $24.66 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 383.19 percent above its total trade during the same time period last year. U.S. exports to Kosovo increased 466.05 percent while U.S. imports from Kosovo rose 29.5 percent. The U.S. surplus with Kosovo was $22.15 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Baltimore, Md.; No. 2 John F. Kennedy International Airport; No. 3 Low-Valued Imports and Exports; No. 4 Dulles International Airport, Washington D.C., Va.; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of Savannah, Ga.; No. 2 Port of Newark; No. 3 Dulles International Airport, Washington D.C., Va.; No. 4 Low-Valued Imports and Exports and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 85.74 percent of Kosovo’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Baltimore, Md. totaled $10.88 million.
    Exports totaled $10.88 million. There were no imports.
  • Trade with No. 2 John F. Kennedy International Airport rose 1202.9 percent to $4.6 million.
    Exports rose 1321.38 percent to $4.6 million. Imports fell 85.06 percent to $4,444.
  • Trade with No. 3 Low-Valued Imports and Exports rose 467.13 percent to $2.35 million.
    Exports rose 467.13 percent to $2.35 million. There were no imports.
  • Trade with No. 4 Dulles International Airport, Washington D.C., Va. rose 250.22 percent to $2.06 million.
    Exports rose 250.22 percent to $2.06 million. There were no imports.
  • Trade with No. 5 Port of Newark rose 83.01 percent to $1.26 million.
    Exports rose 291.56 percent to $477,957. Imports rose 37.96 percent to $779,650.

Kosovo ranked No. 179 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 200.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Kosovo by value through June were the categories of Tanks, armored fighting vehicles, parts; Returned exports, with change; Motor vehicle parts; Low value shipments; and Computers, respectively. They accounted for 82.53 percent of total exports to Kosovo.

The value of the top five categories of U.S. imports from Kosovo –– Toilet paper, similar household sanitary items; Misc. builders’ plastics; Misc. plastic articles; Motor vehicle parts; and Wine –– accounted for 56.84 percent of all inbound shipments.

Looking more closely at U.S. exports to Kosovo:

  • Tanks, armored fighting vehicles, parts totaled $10.88 million. The previous year, there were no exports in this category.
  • Returned exports, with change rose 355.41 percent compared to last year to $2.52 million.
  • Motor vehicle parts rose 26994 percent compared to last year to $2.38 million.
  • Low value shipments rose 467.13 percent compared to last year to $2.35 million.
  • Computers rose 293.78 percent compared to last year to $1.2 million.

Looking more closely at U.S. imports from Kosovo:

  • Toilet paper, similar household sanitary items totaled $195,717. The previous year, there were no imports in this category.
  • Misc. builders’ plastics rose 57.84 percent compared to last year to $167,766.
  • Misc. plastic articles rose 19.99 percent compared to last year to $133,392.
  • Motor vehicle parts rose 103.78 percent compared to last year to $109,267.
  • Wine fell 7.57 percent compared to last year to $106,861.

In the latest annual figures available, Kosovo recorded $18.58 million in trade with the United States. Total U.S. exports to Kosovo were $ 16.03 million and imports from Kosovo were $2.55 million. The U.S. surplus with Kosovo was $13.48 million.