ADVERTISEMENT

Kosovo trade gap shrinks in 2020

Trade

Image by Pixabay

Kosovo's trade deficit decreased by 9.4% year-on-year to EUR 2.8 billion (USD 3.4 billion) in 2020, the country's statistical office said on Monday, according to a report by state news wire MTI.

Exports (FOB) rose by 23.4% year-on-year to EUR 474.96 million, while imports (CIF) decreased by 5.7% to EUR 3.3 billion in 2020.

In December alone, Kosovo's trade deficit increased by 0.3% yr/yr to EUR 309.2 million. 

ADVERTISEMENT

Purchasing Managers' Index rises Analysis

Purchasing Managers' Index rises

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.