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Kosovo

Kosovo ranked No. 206 in total trade value through May with a total of $4.7 million. Exports totaled $3.84 million and Imports totaled $863,368, a surplus of $2.97 million.

U.S. trade with Kosovo rose to $4.7 million through May

Kosovo’s trade with the United States rose to $4.7 million through the first five months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 34.13 percent below its total trade during the same time period last year. U.S. exports to Kosovo decreased 37.64 percent while U.S. imports from Kosovo fell 12.17 percent. The U.S. surplus with Kosovo was $2.97 million.

Through May, the top five among the nation’s airports, seaports and border crossings 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. 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 Newark No. 4 Port of Perth Amboy, N.J. and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 67.74 percent of Kosovo’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Savannah, Ga. rose 8.11 percent to $1.32 million.
    Exports rose 36.29 percent to $1.2 million. Imports fell 63.74 percent to $125,000.
  • Trade with No. 2 Port of Newark fell 16.13 percent to $592,972.
    Exports fell 46.81 percent to $108,499. Imports fell 3.69 percent to $484,473.
  • Trade with No. 3 Dulles International Airport, Washington D.C., Va. fell 76.2 percent to $588,614.
    Exports fell 76.2 percent to $588,614. There were no imports.
  • Trade with No. 4 Low-Valued Imports and Exports fell 38.21 percent to $386,135.
    Exports fell 38.21 percent to $386,135. There were no imports.
  • Trade with No. 5 John F. Kennedy International Airport fell 5.7 percent to $291,946.
    Exports fell 14.13 percent to $262,595. Imports rose 675.05 percent to $29,351.

Kosovo ranked No. 206 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 201.

Meanwhile, total U.S. trade with the world increased to $1.71 trillion, up 0.56 percent compared to the same period last year. The nation’s exports climbed 0.12 percent to $685.55 billion; imports climbed 0.86 percent to $1.03 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $342.77 billion, up compared to the same period of last year when the deficit was $334.82 billion.

The top five U.S. exports to Kosovo by value through May were the categories of Chicken and other poultry; Returned exports, with change; Low value shipments; Misc. raw materials for industrial manufacturing; and Computers, respectively. They accounted for 69.32 percent of total exports to Kosovo.

The value of the top five categories of U.S. imports from Kosovo –– Value added to a returned import; Wine; Misc. plastic articles; Misc. builders’ plastics; and Coffee –– accounted for 64.79 percent of all inbound shipments.

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

  • Chicken and other poultry rose 101.71 percent compared to last year to $1.11 million.
  • Returned exports, with change fell 57.98 percent compared to last year to $552,520.
  • Low value shipments fell 38.21 percent compared to last year to $386,135.
  • Misc. raw materials for industrial manufacturing fell 8.76 percent compared to last year to $346,302.
  • Computers fell 41.62 percent compared to last year to $262,890.

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

  • Value added to a returned import rose 2350.59 percent compared to last year to $133,214.
  • Wine rose 235.67 percent compared to last year to $115,609.
  • Misc. plastic articles totaled $111,165. The previous year, there were no imports in this category.
  • Misc. builders’ plastics rose 209.62 percent compared to last year to $106,286.
  • Coffee fell 23.36 percent compared to last year to $93,069.

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.