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Kosovo

Kosovo ranked No. 196 in total trade value through October with a total of $18.43 million. Exports totaled $16.51 million and Imports totaled $1.92 million, a surplus of $14.59 million.

U.S. trade with Kosovo rose to $18.43 million through October

Kosovo’s trade with the United States rose to $18.43 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 97.5 percent above its total trade during the same time period last year. Kosovo’s exports increased 126.86 percent while imports fell 6.54 percent. The U.S. surplus with Kosovo was $14.59 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Baltimore, Md.; No. 2 Dulles International Airport, Washington D.C., Va.; No. 3 Port of Savannah, Ga.; No. 4 Low-Valued Imports and Exports; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 John F. Kennedy International Airport No. 3 Port of Virginia No. 4 Los Angeles International Airport and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 78.96 percent of Kosovo’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Baltimore, Md. rose 10543 percent to $4.79 million.
    Exports rose 10543 percent to $4.79 million. There were no imports.
  • Trade with No. 2 Dulles International Airport, Washington D.C., Va. rose 5560.45 percent to $3.52 million.
    Exports rose 5634.18 percent to $3.52 million. There were no imports.
  • Trade with No. 3 Port of Savannah, Ga. rose 321.34 percent to $3.1 million.
    Exports rose 333.56 percent to $2.68 million. Imports rose 257.02 percent to $420,302.
  • Trade with No. 4 Low-Valued Imports and Exports rose 153.22 percent to $1.7 million.
    Exports rose 153.22 percent to $1.7 million. There were no imports.
  • Trade with No. 5 Port of Newark fell 22.75 percent to $1.44 million.
    Exports rose 19.58 percent to $290,951. Imports fell 29.11 percent to $1.15 million.

Kosovo ranked No. 196 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 204.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Kosovo by value through October were the categories of Tanks, armored fighting vehicles, parts; Returned exports, with change; Poultry, fresh, chilled or frozen; Low value shipments; and Plasma, vaccines, blood, respectively. They accounted for 70.41 percent of total exports to Kosovo.

The value of the top five categories of U.S. imports from Kosovo –– Plastic boxes, containers; Misc. articles made from textile materials; Misc. plastic articles; Coffee; and Wine –– accounted for 79.38 percent of all inbound shipments.

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

  • Tanks, armored fighting vehicles, parts totaled $4.79 million. The previous year, there were no exports in this category.
  • Returned exports, with change rose 129.91 percent compared to last year to $2.34 million.
  • Poultry, fresh, chilled or frozen rose 85.86 percent compared to last year to $1.79 million.
  • Low value shipments rose 153.22 percent compared to last year to $1.7 million.
  • Plasma, vaccines, blood totaled $1 million. The previous year, there were no exports in this category.

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

  • Plastic boxes, containers totaled $734,301. The previous year, there were no imports in this category.
  • Misc. articles made from textile materials fell 80.1 percent compared to last year to $298,500.
  • Misc. plastic articles totaled $185,596. The previous year, there were no imports in this category.
  • Coffee rose 47.63 percent compared to last year to $175,898.
  • Wine rose 210.56 percent compared to last year to $129,344.

In the latest annual figures available, Kosovo recorded $12.75 million in trade with the United States. At year’s end, its were New York City; Atlanta/Savannah; Norfolk; Low Value Shipments; and Los Angeles. Total U.S. exports to Kosovo were $ 10.07 million and imports from Kosovo were $2.68 million. The U.S. surplus with Kosovo was $7.39 million.