65.7% of Moldova’s exports directed to EU in 2019

The Republic of Moldova in the first 11 months of last year exported goods to the value of US$ 2.6 billion, up 3% compared with the corresponding period last year. 65.7% of the exports went to the EU, as opposed to 69.4% in 2018. Exports to the Commonwealth of Independent States represented 15.8%, as against 15.5% a year before, IPN has learned from the National Bureau of Statistics.

Exports rose to Bulgaria, Switzerland, the Czech Republic, the United States, Malaysia, Poland, Russia, but declined to Italy, the UK, Kazakhstan, Saudi Arabia, Denmark and Portugal.

Imports in January – November 2019 increased by 1.2% compared with the same period of 2018 to US$5.3 billion. Some 49.8% of the imports came from the EU, down 0.1 percentage points on 2018, while 24.1% from the CIS, down 0.7 percentage points. Imports rose from such countries as the Czech Republic, Pakistan, Turkey, Vietnam, the U.S. and decreased from Turkmenistan, Austria, Denmark, Bulgaria, Chile, Canada and other countries.

Private individuals in the first 11 months of last year imported goods to the value of US$191.5 million, an increase of 16.5% on 2018. The increase stemmed mainly from the 19% rise in car imports that constituted 82% of private individuals’ imports.

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