Moldova Balance of Trade

Last Release

Feb 28, 2025

Actual

-606.1

Units In

USD Million

-477.1

Frequency

Monthly

Next Release

May 15, 2025

Time to Release

28 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
-40.4 Jan 2005	-606.1 Feb 2025	-249.78 USD Million	2005-2025	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 new record high of USD 606.1 million in February 2025 from USD 425.2 million in the same month last year, as exports dropped while imports surged. Year-on-year, exports plunged by 17.7% to USD 269.1 million, dragged down by lower sales to CIS (-29.4%), EU (-16.9%), and other countries (-16.5%). Meanwhile, imports climbed by 16.3% to USD 875.2 million, driven by higher purchases from CIS (12.5%) and EU countries (35.1%), while imports from other countries (-3.1%) fell. For the first two months of the year, the country’s trade shortfall increased to USD 1,083.2 million from USD 774.4 million in the corresponding period of the previous year.