Trade Balance Deficit of Moldova Made up USD 2 653.5 bn
OREANDA-NEWS. January 16, 2012. Trade balance deficit of Moldova made up USD 2 bln. 653,5 mln. within January-November, 2011, which is USD 600,7 mln. (29,3%) higher than in the same period in 2010. According to the National Bureau of Statistics, the import covered the export by 43% this period against 39,9% within 11 months of 2010.
The export in January-November, 2011 made up USD 2 bln. 003,6 mln., 47,1% up as compared with the same period in 2010, with the import in this period growing by 36,4% to USD 4 bln. 657,1 mln. Exports of Moldova to CIS countries increased by 49,1% to USD 825,1 mln., with exports to EU increasing by 52,8% to USD 987,4 mln. The portion of CIS states in the total volume of the export from Moldova grew from 40,6% to 41,2% within the respective period, with the portion of EU countries increasing from 47,4% to 49,3%.
Within the first eleven months of 2011 Moldova increased the import from CIS by 38,5% to USD 1 bln. 521,1 mln., with the import from EU being increased by 33,8% to USD 2 bln. 042,6 mln. The share of CIS states in the total volume of Moldova’s import grew from 32,2% to 32,7%, and the share of EU countries reduced from 44,7% до 43,8%.
The biggest deficit of the trade balance of Moldova was registered with Ukraine and made up USD 441,8 mln. (+11,7% as compared with the same period in 2010). Then follow China - USD 353,9 mln. (+26,7%), Turkey - USD 262 mln. (2,2 times), Germany - USD 256,8 mln. (+30,3%), Romania - USD 171,3 mln. (+48%), Russia – USD 157,2 mln. (+13,8%), Italy - USD 128,9 mln. (+13,5%), Belarus – USD 104,4 mln. (3 times), Hungary – USD 71,2 mln. (+37,7%) and Austria – USD 66,3 mln. (+43,1%).
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