Moldova’s Export to the EU – 2.5 Times Higher than to the CIS

Since the beginning of this year, the value of goods exported from the Republic of Moldova to the European Union countries has been 2.5 times higher than to the CIS countries. According to statistical data, exports of goods destined for the European Union countries in January-July 2023 amounted to $1,460.9 million, while those destined for CIS countries had a value of only $585.3 million.

These figures were provided by the National Bureau of Statistics, indicating that the share of Moldovan goods exports to the EU is 62.3% of total exports, an increase of 2 percentage points compared to the previous year.

Exports of goods destined for CIS countries accounted for 24.9% of total exports, an increase of 5.2 percentage points compared to January-July 2022. This increase was mainly driven by the growth of exports to Ukraine.

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In January-July 2023, the main destination countries for merchandise exports were:

  • Romania (32.4% of total exports)
  • Ukraine (16.9%, a significant increase of 4.4 percentage points compared to January-July 2022)
  • Italy (7%)
  • Germany (5.3%)
  • Russia and the Czech Republic (3.9% each)
  • Turkey (3.7%)
  • Poland (2.8%)
  • Belarus (2.3%)
  • Spain (1.8%)
  • Bulgaria (1.5%)
  • United States of America (1.3%)
  • Hungary (1.2%)
  • France, the Netherlands, Lebanon, and Kazakhstan (1.1% each)
  • United Kingdom of Great Britain and Northern Ireland (1%)
  • Greece and Cyprus (0.9% each)
  • Switzerland (0.8%).

In the export structure of January-July 2023, significant proportions were attributed to the following groups of goods: machinery and electrical equipment and their parts (15.6%); petroleum, petroleum products, and related products (12.2%); cereals and cereal-based products (9%); vegetables and fruits (7.8%); clothing and accessories (7.4%); fixed vegetable oils and fats, crude, refined, or fractionated (6.7%); oilseeds and oleaginous fruits (6.0%); alcoholic and non-alcoholic beverages (5.0%); furniture and its parts (3.6%); articles of non-metallic minerals (2.9%); yarn, textiles, textile articles, and related products (2.1%); road vehicles (1.9%).

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