Trade Balance in Kosovo

Kosovo Trade Balance | Economic News & Forecasts

Kosovo - Trade Balance

The economy grew at a strong pace of 14.5% year-on-year in the third quarter, albeit cooling somewhat from Q2’s 16.8% expansion. The slowdown chiefly reflected softer domestic demand as both private and public consumption increased at a notably slower pace, while fixed investment grew only fractionally. Surging exports of goods and services buoyed the economy in the period. Turning to Q4, available data sends a mixed signal. Softer merchandise import growth in October–November suggests cooling domestic demand, while household spending will have likely been held back by rising inflation and falling remittance inflows in the same period. More positively, consumer loans expanded robustly in October–November, while goods exports rebounded on average in the same two months. In other news, the government recently expelled a Russian UN diplomat, as Serbia continues to tighten its ties with Russia.

Kosovo - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)-2.6  -2.8  -3.0  -3.5  -3.5  

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Note: Trade balance in USD bn.
Source: Statistical Office of Kosovo

Kosovo Facts

Value Change Date
Bond Yield4.740.0 %Nov 30
Exchange Rate1.120.65 %Dec 31
Stock Market0.10.0 %Jan 07

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