FX.co ★ Kosovo Trade Deficit Widens in August

Kosovo's trade deficit expanded to EUR 536.8 million in August 2025, up from EUR 498.5 million in the same period the previous year. This increase can be attributed to a rise in import demand alongside a decline in exports. Imports climbed by 5.3% to EUR 613.1 million, primarily driven by mineral products, which constituted 15.5% of total imports, along with prepared foods, beverages, and tobacco at 13.1%, transport equipment at 12.1%, machinery and electrical equipment at 11.4%, and base metals at 8.7%. Key import partners included China, Germany, and Turkey, accounting for 14.5%, 14.0%, and 12.9% of imports, respectively. Conversely, exports experienced an 8.7% decline, dropping to EUR 76.2 million. Base metals represented the largest export category at 18.0%, followed by mineral products and prepared foods each at 13.8%, plastics and rubber products at 10.9%, miscellaneous manufactured goods at 10.1%, and plant products at 7.5%. Kosovo's principal export destinations were Albania at 22.4%, North Macedonia at 13.0%, and Germany at 11.4%.