OREANDA-NEWS. October 13, 2011. Moldova trade deficit in January-August 2011 amounted to USD 1 billion 842.4 million, an increase compared to the same period of 2010 by USD 395.5 million (27.3%). As it was informed by the National Bureau of Statistics, in particular, the volume of Moldovan exports in 8 months of 2011 made \\$ 1 billion 367.2 million, 61.9% increase as compared to the same period of 2010, while imports grew by 40.1% - to \\$ 3 billion 209.6 million.

In January- August 2011, deliveries of Moldovan goods to the CIS countries increased over the same period last year by 65.5% - to USD 544.7 million, to the EU countries - by 67.1% - to USD 686.6 million.

The share of the Commonwealth countries in the total Moldovan exports rose over this period from 39% to 39.9%, while the share of EU countries - from 48.6% to 50.2%. Over the past 8 months of 2011 Moldova increased imports from CIS countries by 43.4% - to USD 1 billion 035.9 million, and from EU countries – by 39.4% - to USD 1 billion 434.5 million.

The share of the CIS countries in the gross volume of Moldovan imports increased from 31.5% to 32.3%, and the EU - fallen from 44.9% to 44.7%. According to the National Bureau of Statistics, the trade deficit of Moldova with the EU in January-August this year rose by 21% - to USD 747.9 million, and with the CIS countries - 24.9% - to USD 491.2 million.

The level of export covering import in January-August 2011 amounted to 42.6% against 36.9% during the same period last year. The largest trade deficit in January-August this year was with Ukraine - USD 322.7 million (+22.7% compared to the same period in 2010). This is followed by China - USD 238.4 million (28.7%), Turkey - USD 181.4 million (2.3 times), Germany - USD 172.6 million (29.7%), Romania - USD 121 million (+28.6%), Russia - USD 101.7 million (-20.7%), Italy - USD 87.7 million (21.9%), Belarus - USD 69 million (4, 7 times), Austria - USD 49.9 million (46.4%), Hungary - USD 49.8 million (40%).