Международный журнал экономики и менеджмента

FOREIGN TRADE AND ECONOMIC GROWTH IN KOSOVO: TRENDS AND SOME FEATURES

Abstract

Dr. Rahmije Mustafa Topxhiu, Dr. Florentina Xhelili Krasniqi

The paper presents an analytical overview on some aspects of Kosovo's economic growth, with particular emphasis on the issues concerning Kosovo?s Foreign Trade. The purpose of the paper is to analyze trends in Kosovo?s foreign trade through various statistical data published by the relevant institutions in Kosovo, in order to see directions and trends of development of exports and imports and trade balance of Kosovo, the obstacles that foreign trade activities are facing, especially those relating to export of goods and services. The data analyzed leads to the conclusion that Kosovo is facing a huge challenge such as large negative trade balance for the entire period observed. Having into consideration that disproportion between export and import is huge and given the fact that exports growth is vital for the economy of developing countries such as Kosovo, the natural and human potential available in Kosovo, which may be mobilized for the economic and export growth, are also analyzed.