Moldova’s trade deficit increased to USD 525.8 million in September of 2022 from USD 376.3 million a year earlier, the largest print since records started in 2005. Imports jumped 25.8 percent year-on-year to an all-time high of USD 844.4 million, mainly due to rising energy prices. Purchases were higher from the EU (33.1 percent), CIS countries (21 percent), and other countries (20.6 percent). Meanwhile, exports went up at a softer 8 percent to USD 318.6 million, mainly influenced by a vast increase in sales to CIS countries (158.7 percent), and smaller increase in the sales to EU countries (15.7 percent), while sales to other countries declined (-67.2 percent). source: National Bureau of Statistics of the Republic of Moldova
Balance of Trade in Moldova averaged -224.58 USD Million from 2005 until 2022, reaching an all time high of -40.40 USD Million in January of 2005 and a record low of -525.80 USD Million in September of 2022. 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 November of 2022.
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. In the long-term, the Moldova Balance of Trade is projected to trend around -280.00 USD Million in 2023, according to our econometric models.