Moldovan Trade Deficit Up 11,9% in 1Q
OREANDA-NEWS. May 15, 2012. According to the National Bureau of Statistics, import 42% covered export against 43,1% recorded in Q1, 2011.
The volume of Moldovan export equaled to USD 505,2 mln., 6,7% up as compared with the indicator of the same period of 2011. Moldovan import increased 9,7% to USD 1 bln. 204,2 mln. In Q1, 2012 re-export amounted to USD 217,2 mln., making 43% of the total volume of export.
As compared with the same period of 2011, it increased 10,8% and contributed 4,5% to the total growth of export in Moldova. Export of domestic goods made up USD 288 mln. , which was 57% of its total volume and 3,8% up as compared with January-March, 2011. It contributed 2,2% to the total increase of export in Moldova.
Moldova exported in CIS 14,3% goods more than in the same period of the past year at a sum of \\$201,1 mln.. Export of Moldova to EU grew 5,8% to USD 252,6 mln. The CIS states share in the total volume of Moldovan export grew 37,2% to 39,8%, with the EU share decreasing 50,4% to 50%.
In Q1, 2012 Moldova imported from CIS 10,4% more goods at a sum of 453,9 mln. whereas its import from EU grew 5,1% to USD 468,3 mln. The CIS states share in the total volume of Moldovan import grew 37,4% до 37,7%, with the EU share decreasing 40,6% to 38,9%. The greatest balance deficit of Moldova was recorded in its trade with Russia and made up USD 128 mln., 8% up as compared with the same period of the last year.
Then follow Ukraine – USD 94,4 mln. (-1,7%), China - USD 87,4 mln. (+13,2%), Germany - USD 79,3 mln. (+46,4%), Turkey - USD 76,4 mln. (+55,5%), Belarus – USD 34,2 mln. (twofold), Romania- USD 33,8 mln. (+4,9%), Austria – USD 15, mln. (+21,7%), Hungary– USD 13,8 mln. (-15%), France – USD 10,6 mln. (-17,8%).
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