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Moldova Balance of Trade
Last Release
Nov 30, 2024
Actual
-478.4
Units In
USD Million
Previous
-461.1
Frequency
Monthly
Next Release
Feb 14, 2025
Time to Release
28 Days 10 Hours
Highest | Lowest | Average | Date Range | Source |
-40.4 Jan 2005 | -525.8 Sep 2022 | -245.95 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.
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Latest Updates
Moldova’s trade deficit widened to USD 478.4 million in November 2024, up from USD 358 million in the same month last year, as exports fell while imports rose. Year-on-year, exports dropped by 11.5% to USD 335.5 million, dragged down by lower sales to CIS (-37.6%), EU (-5.8%), and other countries (-19.5%). Meanwhile, imports advanced by 10.4% to USD 813.9 million, driven by higher purchases from EU (18.3%) and other countries (6.4%), while arrivals from CIS countries dropped (-26.5%). From January to November, the trade deficit expanded to USD 4,934.7 million from USD 4,127.9 million in the corresponding period last year.
Moldova Balance of Trade History
Last 12 readings