Moldàvia: Visió econòmica i política
International trade represents around 111% of Moldova's GDP (World Bank, latest data available). The country is a member of the World Trade Organization (WTO) and has signed 43 free trade agreements, including those with the EU, Turkey, the UK, and the Commonwealth of Independent States. According to data by the National Bureau of Statistics, in 2022 the country’s main exports were food and live animals (21.3%), machinery and transport equipment (15.9%), mineral fuels and lubricants (13.6%), and petroleum products (12.9%); whereas imports were led by mineral fuels and lubricants (28%), machinery and transport equipment (22%), petroleum products (16.7%), manufactured goods (14.1%), and chemical products (11.7%).
Traditionally, exports were directed mainly to Russia, but since 2009 more than half of Moldova’s exports have been destined for EU markets. In 2022, the country’s main trading partners were Romania (28.6%), Ukraine (16.6%), Italy (7.6%), Turkey (7%), and Germany (5.3%); whereas imports came chiefly from Romania (17.9%), Russia (12.4%), China (10.3%), Ukraine (9.3%), and Turkey (7.2% - data National Bureau of Statistics). New figures show that, in 2023, the European Union absorbed 65.4% of Moldova's exports, representing a 6.8 percentage point increase compared to 2022. Moreover, the EU comprised 48.3% of the country's imports, marking a 1% rise year-on-year.
Moldova’s trade balance is structurally in deficit. According to data by WTO, in 2022 the country exported USD 4.3 billion worth of goods against USD 9.2 billion in imports (+37.8% and +28.45% y-o-y, respectively). Concerning services, exports (at USD 2.2 billion) were higher than imports (USD 1.3 billion). Data from the World Bank shows that the country’s trade balance on goods and services was negative by 28.3% of GDP in 2022 (from 27.2% one year earlier). Preliminary figures from the National Bureau of Statistics point out that, in 2023, Moldova exported USD 4 billion worth of goods (-6.5% year-on-year), importing USD 8.6 billion (-5.9% y-o-y).
Foreign Trade Values | 2019 | 2020 | 2021 | 2022 | 2023 |
Imports of Goods (million USD) | 5,843 | 5,416 | 7,177 | 9,219 | 8,674 |
Exports of Goods (million USD) | 2,779 | 2,467 | 3,144 | 4,332 | 4,049 |
Imports of Services (million USD) | 1,178 | 880 | 1,162 | 1,371 | 1,575 |
Exports of Services (million USD) | 1,544 | 1,278 | 1,635 | 2,279 | 2,551 |
Source: World Trade Organisation (WTO) ; Latest available data
Foreign Trade Indicators | 2018 | 2019 | 2020 | 2021 | 2022 |
Foreign Trade (in % of GDP) | 87.4 | 87.6 | 79.3 | 88.5 | 110.9 |
Trade Balance (million USD) | -3,294 | -3,312 | -3,094 | -4,190 | -4,984 |
Trade Balance (Including Service) (million USD) | -2,938 | -2,946 | -2,696 | -3,718 | -4,080 |
Imports of Goods and Services (Annual % Change) | 8.4 | 6.2 | -9.5 | 21.2 | 15.8 |
Exports of Goods and Services (Annual % Change) | 4.1 | 8.2 | -14.9 | 17.5 | 24.9 |
Imports of Goods and Services (in % of GDP) | 56.8 | 56.4 | 51.4 | 57.8 | 70.0 |
Exports of Goods and Services (in % of GDP) | 30.7 | 31.2 | 27.9 | 30.6 | 40.9 |
Source: World Bank ; Latest available data
Foreign Trade Forecasts | 2023 | 2024 (e) | 2025 (e) | 2026 (e) | 2027 (e) |
---|---|---|---|---|---|
Volume of exports of goods and services (Annual % change) | 3.9 | 6.9 | 10.0 | 9.0 | 7.8 |
Volume of imports of goods and services (Annual % change) | 0.2 | 2.5 | 7.0 | 7.9 | 8.7 |
Source: IMF, World Economic Outlook ; Latest available data
Note: (e) Estimated Data
Main Customers (% of Exports) |
2023 |
Romania | 35.1% |
Ukraine | 14.7% |
Germany | 5.5% |
Czech Republic | 4.0% |
Russia | 3.6% |
See More Countries | 37.2% |
Main Suppliers (% of Imports) |
2023 |
Romania | 15.0% |
Ukraine | 12.4% |
China | 11.7% |
Türkiye | 8.5% |
Germany | 7.1% |
See More Countries | 45.2% |
Source: Comtrade, 2024. Because of rounding, the sum of the percentages may be smaller/greater than 100%.
Source: Comtrade, 2024. Because of rounding, the sum of the percentages may be smaller/greater than 100%.
To go further, check out our service Import-Export Flows.
Source: United Nations Statistics Division, 2024. Because of rounding, the sum of the percentages may be smaller/greater than 100%.
Vols fer algun comentari sobre aquest contingut? Escriu-nos.
© eexpand, Tots els drets reservats.
Actualitzacions: May 2024