Trade between Russia & Moldova Decreased 19,6% in Q1
OREANDA-NEWS. June 06, 2013. According to Russian Federal Customs Service, the export from Russia to Moldova decreased 22.7% from USD 521.4 million to USD 402.8 million in January-March 2013, the export from Moldova to Russia decreased 1.2% from USD 88 million to USD 86.9 million.
The favourable balance of trade of Russia with Moldova amounted to USD 315.9 million in January-March 2013, 27.1% down as compared with the same period in 2012. A share of Moldova in a total volume of the turnover of RF was 0.3%, being equal to that in the same period of 2012.
Bilateral trade between Moldova, Transdniestria included, and RF made up USD 2 billion 85.3 million in 2012, 6.8% up as compared with 2011. Moldova’s export to Russia increased 1.7% from USD 468.6 million to USD 476.4million, whereas Russia’s export to Moldova grew 8.4% from USD 1 billion 483.6 million to USD 1 billion 608.9 million.
In 2012 the positive balance of trade of RF with Moldova made up USD 1 billion 132.5 million, 11.6% up as compared with 2011. Russia exports to Moldova mineral inputs, foods, chemicals, machines, equipments and transport means, the RF Federal Customs Service reports. Moldova exported to Russia foodstuffs and agricultural feedstock, metals and metal work, machines, equipments and vehicles, textile and knitted wear.
The structure of goods turned over between RF and the right- and the left -bank- parts of Moldova differs essentially. In bilateral trade with Transdniestria, industrial goods are dominant, whereas in the trade with Moldova agricultural products prevail. The share of Trandsniestria in the bilateral trade of RF and Moldova makes about 46%.
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