Moldova Trade Deficit Totaled USD1 bn 418.8 mn in Jan-June
OREANDA-NEWS. August 13, 2012. As it was informed by the National Bureau of Statistics, the degree of coverage of imports by exports in the first 6 months 2012 was 42.3% against 42.3% during the same period in 2011, volume of Moldovan exports in January-June 2012 amounted to USD 1 billion 041.8 million, exceeding by 4.6% as compared with the same period 2011, while imports grew by 3.6% - to USD 2 billion 460.6 million, according to the NBS, re-export of goods within 6 months. 2012 was USD 414.5 million (39.8% of total exports).
In comparison to the same period in 2011, re-export of goods in January-June this year decreased by 10.4%. Exports of domestic goods totaled USD 627.3 million (60.2% of the total), an increase of 17.7% compared with January-June 2011 and contributed to the overall export growth by 9.4 %.
In general, Moldovan exports to the CIS countries in 6 months 2012 increased by 10,2% - to USD 428.3 million, while to the EU countries increased by 2.9% - to USD 508.0 million.
The share of CIS countries in total Moldovan exports increased during the period from 39% to 41.1%, while the share of EU countries decreased from 49.6% to 48.8%. In January-June 2012 Moldova increased imports from CIS countries by 2.7% - to USD 798.7 million, and from the EU - 0.9% - up to \\$ 1 billion 065.4 million.
In the share of CIS countries total Moldovan imports declined from 32.8% to 32.5%, and the EU - has decreased from 44.5% to 43.3%. The largest trade deficit in 6 months. 2012, Moldova and Ukraine was - USD 222.5 million (-4.9% compared to the same period in 2011).
Followed by: China - USD 171.7 million (+7.1%), Turkey - USD 124.4 million (28.0%), Germany - USD 128.2 million (21.3%), Russia - USD 122.8 million (-5.4%), Romania - USD 92.2 million (5.6%), Belarus - USD 41.8 million (32.2%), Austria - \\$ 37.8 million (20.8%), Italy - USD 70.3 million (-44.5%), France - USD 34.5 million (-9.2%).
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