Re-export Makes 17% of Moldovan Export
OREANDA-NEWS. March 01, 2012. Answering questions of journalists about the portion of re-export in the structure of the Moldova’s export, Inga Ionesii, head of the senior department of trade policies of the ministry of economy, has noted that the re-export, the phenomenon recognized in all states in the world, is not dangerous for the economy of our country.
The classic re-export, when goods are supplied in Moldova and then is imported to other states as it is and the origin country s not changed, makes no more than 17% in the structure of the export from Moldova. Mainly, it consists of crop production exported from Turkey and Greece.
The rest part of re-export of Moldova consists of raw materials and spares for further processing in Moldova. Then this production is imported to other markets as the production made in Moldova. “There are goods, produced in our state from imported inputs and then imported. We do not think this kind of goods should be included in the re-export statistics, since they contribute to development of other branches of the economy and the added value stays here, in Moldova”, Inga Ionesii has pointed out.
According to the findings of the National Bureau of statistics, re-export has made 45,3% of export from Moldova and accounted for over USD 1 bln. in 2011, 66% up as compared with 2010. Re-export contributed 26% to the growth in export from Moldova in 2011.
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