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Kosovo

Kosovo ranked No. 204 in total trade value through July with a total of $7.08 million. Exports totaled $5.95 million and Imports totaled $1.13 million, a surplus of $4.83 million.

U.S. trade with Kosovo rose to $7.08 million through July

Kosovo’s trade with the United States rose to $7.08 million through the first seven months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 33.6 percent below its total trade during the same time period last year. U.S. exports to Kosovo decreased 35.26 percent while U.S. imports from Kosovo fell 23.26 percent. The U.S. surplus with Kosovo was $4.83 million.

Through July, 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 Low-Valued Imports and Exports and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 69.23 percent of Kosovo’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Savannah, Ga. rose 6.96 percent to $2.29 million.
    Exports rose 23.2 percent to $2.16 million. Imports fell 67.39 percent to $125,000.
  • Trade with No. 2 Port of Newark fell 23.72 percent to $809,520.
    Exports fell 36.5 percent to $142,347. Imports fell 20.3 percent to $667,173.
  • Trade with No. 3 Dulles International Airport, Washington D.C., Va. fell 76.94 percent to $807,014.
    Exports fell 76.94 percent to $807,014. There were no imports.
  • Trade with No. 4 Low-Valued Imports and Exports fell 36.08 percent to $607,118.
    Exports fell 36.08 percent to $607,118. There were no imports.
  • Trade with No. 5 John F. Kennedy International Airport fell 52.89 percent to $392,644.
    Exports fell 57.57 percent to $348,609. Imports rose 271.01 percent to $44,035.

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. 199.

Meanwhile, total U.S. trade with the world increased to $2.41 trillion, down 0.06 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $956.44 billion; imports climbed 0.38 percent to $1.45 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 $498.31 billion, up compared to the same period of last year when the deficit was $485.95 billion.

The top five U.S. exports to Kosovo by value through July were the categories of Chicken and other poultry; Returned exports, with change; Low value shipments; Misc. raw materials for industrial manufacturing; and Miscellaneous machine parts, respectively. They accounted for 61.67 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; Coffee; Wine; Misc. plastic articles; and Misc. builders’ plastics –– accounted for 53.76 percent of all inbound shipments.

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

  • Chicken and other poultry fell 13.74 percent compared to last year to $1.16 million.
  • Returned exports, with change fell 67.08 percent compared to last year to $770,920.
  • Low value shipments fell 36.08 percent compared to last year to $607,118.
  • Misc. raw materials for industrial manufacturing fell 0.26 percent compared to last year to $570,922.
  • Miscellaneous machine parts totaled $565,550. The previous year, there were no exports in this category.

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

  • Value added to a returned import rose 2452.91 percent compared to last year to $138,776.
  • Coffee rose 7.94 percent compared to last year to $134,655.
  • Wine rose 3.93 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.

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.