In May 2025, Moldova exported merchandise worth USD 257.8 million, decreasing 2.9% from April and 7.2% from May 2024, the National Bureau of Statistics reported. From January to May, exports totaled USD 1.33 billion, marking a 10.5% decline compared to the same period last year.
Meanwhile, imports surged sharply. Moldova imported goods worth USD 856.8 million in May 2025, and USD 4.26 billion from January to May—a 17.7% year-on-year increase.
These trends pushed Moldova’s trade deficit to USD 2.93 billion in the first five months of 2025, a 37.5% rise over 2024. The deficit for May alone reached USD 599 million, nearly 45% higher than May 2024.
Import coverage ratio fell significantly to 31.3% from 41.2% in 2024. The ratio with the European Union dropped to 36.1%, losing 20 percentage points within one year.
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The export decline stemmed from reduced shipments to key markets: Romania (-22%), Germany (-47.9%), Poland (-48.7%), Russia (-28.2%), and the US (-33.5%). Exports of fats and vegetable oils plunged 70.8%, cereals dropped 31.9%, vegetables and fruits declined 21.9%, petroleum products decreased 33.8%, and re-exports fell 12.3%.
Import growth resulted mainly from sharp increases in natural gas (1.9 times), electric energy (6.7 times), vehicles (+10.5%), iron and steel (1.6 times), and industrial technologies.