Moldova’s trade deficit widened sharply to USD 361.7 million in May of 2021, from USD 173.7 in the same month of the previous year. Imports surged 71 percent year-on-year to USD 563.4 million, underpinned by a 75.8 percent increase in purchases from EU countries and a 56.3 percent hike in imports from CIS countries. Meanwhile, exports went up a slower 29.5 percent to USD 201.7 million, led by a 56.6 percent rise in sales to EU countries, while sales to CIS countries fell 10.7 percent. source: National Bureau of Statistics of the Republic of Moldova
Balance of Trade in Moldova averaged -211.92 USD Million from 2005 until 2021, reaching an all time high of -40.40 USD Million in January of 2005 and a record low of -371 USD Million in March of 2021. This page provides - Moldova Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Moldova Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Balance of Trade in Moldova is expected to be -280.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Moldova to stand at -280.00 in 12 months time. In the long-term, the Moldova Balance of Trade is projected to trend around -280.00 USD Million in 2022, according to our econometric models.