Moldova Balance of Trade

Last Release

Dec 31, 2024

Actual

-575.5

Units In

USD Million

-478.4

Frequency

Monthly

Next Release

Mar 17, 2025

Time to Release

27 Days 16 Hours

Highest	Lowest	Average	Date Range	Source
-40.4 Jan 2005	-575.5 Dec 2024	-247.33 USD Million	2005-2024	National Bureau of Statistics of the Republic of Moldova

Moldova’s trade deficit accounts for around 40 percent of GDP as remittances fuel imports of household goods. Moldova mostly exports textiles, vegetables and fruit, beverages and electrical machinery. Moldova’s main imports are petroleum, natural gas, textile yarn, pharmaceutical products and machinery. Moldova’s main trading partners are Russia, Romania, the Ukraine, Italy, Germany, Turkey and Belarus. .

Latest Updates

Moldova’s trade deficit widened to a record high of USD 575.5 million in December 2024, up from USD 498.8 million in the same month last year, as exports dropped while imports rose. Year-on-year, exports plunged by 13.3% to USD 269.8 million, weighed down by lower sales to CIS (-34.4%) and EU countries (-21.8), while shipments from other countries increased (13.9%). Meanwhile, imports advanced by 4.3% to USD 845.3 million, driven by higher purchases from EU countries (21.9%), but decreasing from CIS (-24.6%) and other countries (-9.1%). For the whole year of 2024, the country’s trade deficit expanded to USD 5,510.1 million from USD 4,626.8 million in the corresponding period last year.