Kosovo Net Trade (Goods & Services, BoP)
Kosovo's net trade (goods & services, bop) rose to $-3.21 billion in 2023, up from $-3.08 billion in 2022, according to World Bank. This represents an increase of 4% ($124.81 million) from the previous year. Kosovo has net trade (goods & services, bop) lower than the global median (-$3.21 billion vs median -$215.12 million). Compared with the median in Europe, Kosovo is lower (-$3.21 billion vs regional median $1.60 billion) and ranks 34th out of 44 countries in Europe.
Yearly Historical Data (2004-2023)
(in Billion USD)Kosovo Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Kosovo, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.