Kosovo

Kosovo ranked No. 186 in total trade value through March with a total of $7.75 million. Exports totaled $7.08 million and Imports totaled $674,141, a surplus of $6.4 million.

U.S. trade with Kosovo rose to $7.75 million through March

Kosovo’s trade with the United States rose to $7.75 million through the first three months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 152.95 percent above its total trade during the same time period last year. U.S. exports to Kosovo increased 165.79 percent while U.S. imports from Kosovo rose 67.83 percent. The U.S. surplus with Kosovo was $6.4 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Dulles International Airport, Washington D.C., Va.; No. 3 Port of Newark; No. 4 Low-Valued Imports and Exports; and No. 5 Port of Savannah, Ga.. During the same period the previous year, the top five 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. In the current time period, the top five accounted for 86.87 percent of Kosovo’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 1392.66 percent to $2.82 million.
    Exports rose 1450.44 percent to $2.82 million. Imports fell 83.02 percent to $1,208.
  • Trade with No. 2 Dulles International Airport, Washington D.C., Va. rose 246.99 percent to $1.91 million.
    Exports rose 246.99 percent to $1.91 million. There were no imports.
  • Trade with No. 3 Port of Newark rose 124.77 percent to $811,402.
    Exports rose 593.24 percent to $474,377. Imports rose 15.2 percent to $337,025.
  • Trade with No. 4 Low-Valued Imports and Exports rose 175.97 percent to $738,766.
    Exports rose 175.97 percent to $738,766. There were no imports.
  • Trade with No. 5 Port of Savannah, Ga. fell 35.98 percent to $457,843.
    Exports fell 39.2 percent to $434,805. Imports totaled $23,038.

Kosovo ranked No. 186 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 $964.77 billion, down 4.16 percent compared to the same period last year. The nation’s exports dropped 3.07 percent to $395.69 billion; imports dropped 4.91 percent to $569.09 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 $173.4 billion, down compared to the same period of last year when the deficit was $190.25 billion.

The top five U.S. exports to Kosovo by value through March were the categories of Motor vehicle parts; Returned exports, with change; Low value shipments; Navigational equipment; and Medical instruments, respectively. They accounted for 77.23 percent of total exports to Kosovo.

The value of the top five categories of U.S. imports from Kosovo –– Misc. builders’ plastics; Wine; Doors, window frames, wooden joinery; Motor vehicle parts; and Coffee –– accounted for 55.72 percent of all inbound shipments.

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

  • Motor vehicle parts rose 26912 percent compared to last year to $2.37 million.
  • Returned exports, with change rose 177.3 percent compared to last year to $1.52 million.
  • Low value shipments rose 175.97 percent compared to last year to $738,766.
  • Navigational equipment totaled $416,752. The previous year, there were no exports in this category.
  • Medical instruments rose 2556.99 percent compared to last year to $416,271.

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

  • Misc. builders’ plastics totaled $167,766. The previous year, there were no imports in this category.
  • Wine rose 96.42 percent compared to last year to $74,500.
  • Doors, window frames, wooden joinery totaled $49,190. The previous year, there were no imports in this category.
  • Motor vehicle parts rose 106.64 percent compared to last year to $45,006.
  • Coffee fell 57.92 percent compared to last year to $39,168.

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.