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Kosovo

Kosovo ranked No. 204 in total trade value through March with a total of $3.06 million. Exports totaled $2.66 million and Imports totaled $401,673, a surplus of $2.26 million.

U.S. trade with Kosovo rose to $3.06 million through March

Kosovo’s trade with the United States rose to $3.06 million through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 45.97 percent below its total trade during the same time period last year. Kosovo’s exports decreased 46.64 percent while imports fell 41.05 percent. The U.S. surplus with Kosovo was $2.26 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Savannah, Ga.; No. 2 Dulles International Airport, Washington D.C., Va.; No. 3 Port of Newark; No. 4 Low-Valued Imports and Exports; and No. 5 John F. Kennedy International Airport. During the same period the previous year, the top five were No. 1 Dulles International Airport, Washington D.C., Va. No. 2 Port of Savannah, Ga. No. 3 Port of Perth Amboy, N.J. No. 4 Low-Valued Imports and Exports and No. 5 Port of Newark. In the current time period, the top five accounted for 67.95 percent of Kosovo’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Savannah, Ga. fell 1.49 percent to $715,183.
    Exports rose 87.56 percent to $715,183. There were no imports.
  • Trade with No. 2 Dulles International Airport, Washington D.C., Va. fell 77.63 percent to $549,263.
    Exports fell 77.63 percent to $549,263. There were no imports.
  • Trade with No. 3 Port of Newark rose 0.8 percent to $360,995.
    Exports fell 39.25 percent to $68,429. Imports rose 19.19 percent to $292,566.
  • Trade with No. 4 Low-Valued Imports and Exports fell 47.59 percent to $267,698.
    Exports fell 47.59 percent to $267,698. There were no imports.
  • Trade with No. 5 John F. Kennedy International Airport fell 25.35 percent to $188,872.
    Exports fell 27.07 percent to $181,756. Imports rose 87.91 percent to $7,116.

Kosovo ranked No. 204 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 194.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Kosovo by value through March were the categories of Poultry, fresh, chilled or frozen; Returned exports, with change; Low value shipments; Misc. raw materials for industrial manufacturing; and Computers, respectively. They accounted for 73.43 percent of total exports to Kosovo.

The value of the top five categories of U.S. imports from Kosovo –– Misc. plastic articles; Coffee; Peppers, asparagus, squash, etc.; Chocolate and other food products containing cocoa; and Wine –– accounted for 85.18 percent of all inbound shipments.

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

  • Poultry, fresh, chilled or frozen rose 122.39 percent compared to last year to $710,183.
  • Returned exports, with change fell 58.23 percent compared to last year to $549,263.
  • Low value shipments fell 47.59 percent compared to last year to $267,698.
  • Misc. raw materials for industrial manufacturing rose 101.99 percent compared to last year to $228,517.
  • Computers fell 40.36 percent compared to last year to $199,320.

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

  • Misc. plastic articles totaled $111,165. The previous year, there were no imports in this category.
  • Coffee rose 51.67 percent compared to last year to $93,069.
  • Peppers, asparagus, squash, etc. totaled $60,703. The previous year, there were no imports in this category.
  • Chocolate and other food products containing cocoa rose 19.16 percent compared to last year to $39,290.
  • Wine rose 10.12 percent compared to last year to $37,928.

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.